In this Friday Fundamentals episode I discuss Frances Coppola’s ignorance and dive into Lightning growth and how to think about it. Next, I hit on how China’s involvement in Venezuela is an example of US dominance waning similar to Russia’s beating the US in Syria. After that I share some thoughts about the Bitcoin Lawyer Marco Santori’s dissection of the SEC letter on Ethereum. I end with commentary about the What Bitcoin Did controversy.
LN isn’t 100% ready for mass adoption today, but it’s getting there. It’s constantly evolving without the hindrance of a decentralized consensus. People understand that technology evolves, but need to come to grips with a decentralized consensus doesn’t.
WBD and Peter Rizun
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