I mean, it's a good question. Why hasn't human civilization naturally developed into a brutal aristocracy of the highly moral and high-IQ? Why don't we have a global "130 IQ high-trust Anglo" paradise already?
What mysterious force obviously overcomes and beats intelligence?
Precisely this. The Lightning Network will consist of Arks and Channels. Now it's mostly the latter, but they don't work very well for casual small users.
Fun fact of the day:
If you don't think inflation has been the biggest problem in the world over the last century, you have been miseducated by people who get paid by inflation.
🥷@craigraw just shipped Silent Payments receiving in Sparrow Wallet!
One Bitcoin address. Reuse it forever. Zero privacy loss.
This is one of the biggest privacy upgrades Bitcoin has had in years. Here's why it matters and what Silent Payments actually are. 🧵
Almost every altcoin has some very good reason why some small group of founders, developers, investors, and foundation nobodies deserve 20, 50, or 70 percent of all the money they’ll supposedly ever create. None are serious projects.
It’s quite simple really. Zcash founders were greedier than any central bank in history, then when called out pivoted to an equally perverse developer fund. Complete nonsense with no credibility.