Why the Bitcoin Lightning Network is doomed to centralization & failure. [Hijacking Bitcoin, Chap 9]

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6 months ago

Please share this with anyone who still thinks the LN is a workable solution. This video will elegantly dismantle any idea that LN is somehow a good solution.

This book and audiobook was written by Roger Ver and Steve Patterson. Full credit goes to them. As such, I have disabled monetization on this video so as not to profit from their work. Please support Roger and Steve by buying their book and audiobook at hijackingbitcoin.com

Note: I removed a portion of one paragraph toward the end of this chapter which recommended BCH as the solution. I did so in order to focus fully on the problems of the Lightning Network, without the reader feeling like a specific crypto solution was being pushed on them. The full content is still visible on the page for reading.

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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

#bitcoin #btc #crypto #cryptocurrency #cbbi #news #blockchain #price

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