obviously it isn't. you're moving the actual unit around, NOT a digital check or token that is redeemable for the unit.
you apparently just don't understand Bitcoin has scripting that allows this to happen.

but I've probably explained this to you half a dozen times in the last year so ok 👍

no. it isn't like food stamps to food.
it IS food.

its just keeping track of how many grains of rice are on which side of the channel.
but the base unit is still "food." it is NOT abstracted into a token.

except it isn't a check or a smart contract.
its native bitcoin. sats locked in a multisig like this IS bitcoin.

it is the same fundamental unit as the original currency.

is this just their own corporate information??
that's wild.

you seem like a good dude.

you should've expected we were gonna show up in your feed at some point.

😘

updating a multisig state isn't a token because you have an enforceable L1 claim to the sats.

it isn't without counterparty risk, because your channel partner can close or lie about the channel state.
but that is different from a ruggable token for example.

having a crisis over this sort of shit indicates to me that the community is lost, there is no one at the helm to provide direction and inspiration and there is no indication that will change anytime soon.
lacking fiat NGU nobody knows wtf they're supposed to be looking for and they're left bickering over fantasy.

so I wouldn't be surprised if the big money starts to feel that it has misallocated and we go lower.

both sides are insane and incapable of making reasoned arguments afaict

jfc
OP_RETURN is prunable

that's the whole damn argument core is making.