| submitted by /u/surge3d
In a tweet, Lightning Network infrastructure lead Alex Bosworth wrote: “There’s a bit too much emphasis placed on the idea that LN is all about low fees. Fees on the network are charged at a market rate. We cannot control this market therefore we can’t guarantee low fees all the time. We can remove reasons
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I was taking my dad early in the morning to an appointment he had. After he was done we went to breakfast. Out of nowhere I see a bitcoin ATM in the distance. We walked over and I got some, not a lot because it would upset him. He is against bitcoin even though he does not know what it is.
My dad has been buying stocks for 50 years, and never once does he buy into anything early on. He is always coming late to the party, I think most people are like this.
I can give you 100 reasons why you should not buy bitcoin, but those reasons will not be valid in 3 years from now given the rate of innovation and adaptation.
One day my daughter will ask me why I didn't buy more when it was cheap, my answer will be because I didn't have more money to buy, not because I thought its going nowhere.
But conventional cryptocurrencies, such as bitcoin, trade at wildly fluctuating prices, which means that their purchasing power – their command over …
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