"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction on to them. And...
"Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody's side. All the parties...
“This makes Lightning Network an absolute game changer for the entire concept of capital markets: income without explicit counterparty default risk.” @timevalueofbtc Don't miss...