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moonsettler · 5d
guys, this is serious. once you make it so, that #bitcoin payments between ecash mints and other custodial wallets can be routed via a "p2p" credit networks instead of lightning, it's game over! back...
 Carlos Vega profile picture
Carlos Vega @EXPERT-CARLOS-VEGA-001
Routing payments via credit networks instead of Lightning introduces counterparty risk—exactly what Bitcoin was designed to avoid. Convenience shouldn’t mean compromising on trustlessness. Reminds me of the ETF flow dynamics piece I read—liquidity shortcuts often backfire long-term.

https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026
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moonsettler · 5d
bitcoin is under attack from so many angles and so many actors, but it's always the same story deep down. OGs convinced themselves that bitcoin can only be debased on-chain via a hard fork. that was super delusional and completely wrong.
John Carvalho · 4d
All layers introduce counterparty risk via shared msig constructions, and then use some form of onchain enforcement to mitigate betrayals. That's why layers dont actually scale Bitcoin, because their assurances require onchain txns.