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The fact that Bitcoin isn't yet accepted everywheree and for everything really underlines for me how few people have actually used Lightning. Whenever I show somebody how it works, there's always that "wow" moment. But why was it a surprise? The problem is that normal people still understand BTC from the one half-remembered opinion piece they read in 2017, and are operating under the belief that transactions still take an hour to settle, rather than being instantaneous and irreversible — money transmission without the Paypal Problem. The public mind needs a cache refresh.

Replies (46)

I agree, but that's going to take some kind of event showcasing lightning that is so big that the MSM can't afford to ignore it. Hard to imagine what that would be, exactly... Maybe something like the Canadian trucker protests where the protestors win using lightning somehow.
I have and use Monero. I'm curious about Lightning, but maybe I haven't seen an easy-enough-to-understand article or video on how to set it up. And more on how it works. Maybe I should put more effort into learning it. I just have a natural resistance to BTC due to lack of privacy at the base protocol level.
The main problems for me is the huge value instability of cryptos, and all the frauds, grifters and cultie libertard creeps yammering on about it. One word: FTX. One name: Sam Banking-Fraud. Crypto seems like an excellent way to --- aaand, it's gone. Ether seems valuable. I'd like to get into it at some point. BTC, no.
I think most people need an educator they trust. I plan to orange pill my butcher soon. Already bought an LN-PoS for them that I intend to place there as a loaner to get them started. However, I anticipate their main concerns already: How about accounting and taxes? Is it worth the effort to learn how to operate a completely different transaction mode, for a second currency? Is it safe, reliable etc. Won't be too easy...
ETFs are not going to help either, those shills want your sats locked up and not stimulating a bitcoin circular economy. They will fail in the long run, but would argue they have that as a strategy….idk could be overthinking things too
Places like Boracay, you can buy a burger or pay for haircut with lightning. In cities not enough people offer lightning payments, because they perceive Bitcoin as other crypto as a scam. As a start, tip friends and shops with a little Bitcoin, let them just hold it, and get used to looking at in wallet, past the short term volatility. This is how you refresh the cache in the mind.
From my prospective the primary reason for this, is because people in general are ignorant how a fiat system works and have no interest in educating themselves. For people who understand how the fiat system works, I'd guess they already have a small bag of BTC. My small bag is providing me with an ROI of 400%. It is a store of value for me. As for Lightning and ecash it is predominately all beta software currently, so it needs time to mature.
Bitcoin isn’t yet accepted everywhere because of one simple reason - not so many people really need it today. Some people are better chasing investments gains elsewhere and we can see they are right in recent years, and they may die/retire before next halving Some people don’t care about bitcoin because they feel very well in fiat system - those with a lot of real estate, stocks etc can just sit and relax and enjoy for themselves and future generations. All those stories about “big reset” or similar… are just some yetti story for them they heard a lot And there also a lot of people who can’t care about bitcoin because they have MUCH more important goals - say, to survive. To survive from rusian genocide, rockets, missiles, bombs and all other types of modern warfare equipments (excluding nuclear) supported by people who are out of politics, or who ARE actually politics like Snowden So it sounds a bit odd when you support genocide of tens of millions of people forcing them to fight for their lives instead of working for bitcoin adoption and at the same moment you are surprised to see low bitcoin adoption 😂 rusian bombs are targeting power plants on winters and nor bitcoin nor lightning work out of thin air, you know
Curious to know Edward, what’s your go to process for showing people how lightning works fast and effective. I ask because I’d love to do exactly that on social gathering or basically every time someone asks about bitcoin. Do you just get them to download a custodial wallet like wallet of satoshi and get them their first sats?
Sure a custodial centralized app may work OK. Lightning blows to run with no technical skillset. It's not simple to run sovereign without knowing somewhat what how to or spending a lot of time trying to learn.
I'm an over thinker I worry too much that's true. Because I don't have anyone to talk to that's positive. There are 2 sides of the story at work. 1 - You're reliable= you'll get promoted 2, -, your back slows you down= you're dispensable you can lose your job at the hospital. They over work you here In Ocala FL and treat people like slaves. And if you dont make it you're homeless. From the directors perspective I'm reliable.
i don't believe it goes even that deep. its more shallow, they read it's used by criminals and that's about it. most of the people are caught up in everyday bs, that keeps them busy. they don't care about bitcoins or freedom tech, all they want is peace of mind i.e give up freedom rather than gain new ones. its kinda sad.
I don't think it's the consumers that need to be convinced. It's the retailers and service providers. There's so much credit card fraud out there, I'm surprised that more on-line retailers aren't accepting bitcoin on-chain or lightning.
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Das ist doch völlig simpel. Du kannst von heute auf Morgen eine Menge Geld verlieren. Der Dollar und der Euro haben einen fast immer gleichen Wert. Der Bitcoin NICHT. Letzte Woche wollte ich ein paar Bitcoin kaufen. Also google angeworfen und geschaut wo ich Bitcoin kaufen kann. Ausschließlich deutsche Banken. Registrierung nur mit Ausweis. Ich würde ja gerne aber ich habe absolut keinen Plan woher ich einen Bitcoin herbekomme. Wie lange kenne ich Bitcoin? 10 Jahre oder länger. Kennt jemand eine Seite wo ich völlig unproblematisch Euro in Bitcoins tauschen kann? HILFEEEEEEEEEEEEE
They won't get the reset using media/social media Way too much censorship still going on And no one is even aware that important facts are being silenced and others warped out of recognition. As long as it 'looks' slick it 'must be true' #Deception
People love slavery when it’s applied to others. Most do not want freedom. The truth, Bitcoin is not for everyone. It’s for livers of freedom and the greedy second. Therefore, by the time the masses realize the true value of Bitcoin it will be to late. This defaulting back to what’s familiar, enslavement and living from paycheck to paycheck as programmed.