If Bitcoin is like having your own bank in your pocket, then LN is like adding global-free-instant-checking to your bank! - Bitcoins

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Thursday, 28 December 2017

If Bitcoin is like having your own bank in your pocket, then LN is like adding global-free-instant-checking to your bank!

If Bitcoin is like having your own bank in your pocket, then LN is like adding global-free-instant-checking to your bank!
/u/jcoinner

Seems like a useful metaphor for getting across to noobs how much impact it will have. Using on chain txs has become like wire transfers at your bank - costly, but soon you can have free-checking that is global and instant and most important since it's still Bitcoin, it's non-custodial, non-censorable money. I can't wait for this to mature enough for real world use. This is really not the time to give up on on Bitcoin, though I know it seems like things aren't working atm.

submitted by /u/jcoinner
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