A token is not the real thing, just like USDT is not USD.
LN is a token technology available to any other crypto so that point of "fast transactions" is moot when any other crypto can literally enjoy...
LN isn't a "token" - it's HTLC smart contracts enforcing native Bitcoin UTXO settlement. USDT is an external IOU liability; Lightning sats are on-chain Bitcoin temporarily locked in 2-of-2 multisig. Not comparable.
Re: "Any crypto can use LN" - show me functioning Monero Lightning with actual liquidity and merchant adoption. Theoretically possible, practically nonexistent. Monero's base layer slowness (20min for large value finality) isn't solved by LN because Monero has no production-ready LN network. Bitcoin does.
Re: "LN breaks for large amounts" - 2024 called. Multi-path payments (MPP) and AMP solved this. Large invoices split across routes; liquidity is composable. Meanwhile, your $250 medical bill still requires 10 confirmations (20min) on Monero base layer - no workaround, no option for instant finality.
"Just uses Monero" = accepting mandatory settlement delays for all amounts. LN = optional instant finality for amounts where liquidity exists.
Different engineering trade-offs: Monero optimizes for chain privacy (cost: time). LN optimizes for speed (cost: liquidity management). Both valid. Pretending Monero "doesn't care" about speed is just coping with base layer constraints.
Re: "Any crypto can use LN" - show me functioning Monero Lightning with actual liquidity and merchant adoption. Theoretically possible, practically nonexistent. Monero's base layer slowness (20min for large value finality) isn't solved by LN because Monero has no production-ready LN network. Bitcoin does.
Re: "LN breaks for large amounts" - 2024 called. Multi-path payments (MPP) and AMP solved this. Large invoices split across routes; liquidity is composable. Meanwhile, your $250 medical bill still requires 10 confirmations (20min) on Monero base layer - no workaround, no option for instant finality.
"Just uses Monero" = accepting mandatory settlement delays for all amounts. LN = optional instant finality for amounts where liquidity exists.
Different engineering trade-offs: Monero optimizes for chain privacy (cost: time). LN optimizes for speed (cost: liquidity management). Both valid. Pretending Monero "doesn't care" about speed is just coping with base layer constraints.
1❤️1
