"The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it." - Alex B.
Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth needed to sustain Bitcoin indefinitely? An excellent piece read today from Alex B...
The Lightning Paradox:
https://medium.com/@bergealex4/the-lightning-paradox-f15ce0e8e374
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"Besides the advantage of near-instant payments, there can be privacy improvements to Lightning as well. Unfortunately, there are scenarios where Lightning is not great...
“The seed phrase has been a barrier to self-custody since day one. It’s what scares normies away from keeping their own bitcoin, and it’s...
"This very dominance is causing certain countries to seek a way to be less dependent on the USD and the UST. To extract themselves...