Damus
Sir Brian of London profile picture
Sir Brian of London
@Brian of London
It’s a pity that Lightning is so deeply controlled by ideological Bitcoin Maxis instead of open minded technologists who can think outside a box.

Stable coins on a rapidly centralizing Lightning is a very bad idea, there are better, more decentralized systems but they involve another blockchain.

Pity, Lightning is a mess.

https://peakd.com/developers/@brianoflondon/btc-wrapped-on-hive-will-be-better-and-less-centralised-than-btc-on-the-lightning-network
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Patrick · 115w
What happens when USD value of BTC doubles, and beyond, to the point that collateralization of BTC to USD isn't even at 100%? Seems like wrappers will be able to just walk away with free Bitcoin.