Damus
siggy47 · 29w
Legislation is pending that, if passed, will end the threat: https://bitcoinmagazine.com/news/the-clarity-act-heads-to-house-floor-for-vote-with-protection-for-noncustodial-tools-intact
SatsAndSports profile picture
I read the text of the law (it's very short, it seems!) but I'm still not sure where Lightning ⚡ fits into this

If A pays C by Lightning, routing through channels involving B, then it could be argued that B transferred the money from A to C

Of course, Lightning was designed to make it impossible for B to steal the money; B can take the money from A if and only if they first pay C. My fear is that regulators might still abuse this

I guess I should do some research; I'm sure someone has thought of this already 😜

siggy47 · 28w
The problem is the government has been regulating by indictment. They have kept things intentionally confusing.