@ericyakes That doesn’t change the fact that it’s not needed for lightning, i.e. push payments. Consumers don’t pay by card because of chargeback possibility but because it’s the only choice almost everywhere.
@engineers_feed This is incorrect. Your money is inflated away, forcing you to buy property to keep the value of your savings, thus putting you and everybody else at increasing risk. Which additionally creates systemic risk.
@EU_Finance The EU does NOT have “a vibrant and growing fintech community”. And any such potential community is now being regulated out of the EU. The US is laughing at us. Scrap FTR3!
@EU_Finance Hm, this suggests two things:
1. You expect inflation to be so high that many more people will have €100k+ in their bank account, and
2. You expect banks to start failing.
There is a better solution, move your funds to bitcoin.
@gladstein@FT Claiming that bitcoin can’t be the world currency because of the low market cap is like claiming that you can’t eat ice cream because it’s still in the freezer.
@blocktrainer@paddi_hansen Es ist kein Aus für unhosted wallets. Es wäre, praktisch, ein Aus für hosted wallets. Es würde das Gegenteil der beabsichtigten Folgen haben.