Altcoins News

Story: Tether (USDT) Paolo Ardoino on L2 Bitcoin Micropayment System

By Dan Saada

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Paolo Ardoino was seen wishing for L2 Bitcoin Micropayment System in response to what Kim Dotcom expressed:  Try and buy a Soda with Bitcoin. Bitcoin median fee $8.

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Several users wished that Bitcoin could scale on its own. An opinion pointed to how the embarrassing fallacious assumption that any micropayment should be saved in a long-lasting…

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In response to the L2 wish other users stated, people fail to grasp exponential curves. Linear on-chain scaling has no way to keep up with real world adoption, which is…

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For clarity, Paolo pointed to Bitrefill thread on Lightning Network adoption thread, which reads as follows:

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People from an astonishing 105 countries have used the Bitcoin Lightning Network this year to help buy mobile top ups, electronics, groceries, clothing, plane tickets, food…

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Bitrefill has heavily invested in a growing number of partner programs and have contributed to the Lightning Network for the simple reason that they believe it will evolve into…

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However, some of them feel that they still believe it failed. They have to state that 115 countries means nothing as it is about how many people are using it every day?

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Chris Stewart in response to Paolo’s query about the future of Bitcoin stated, “Bitcoin's future value isn't just the market cap of gold, it is going to be a neutral settlement…

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All these discussions are happening at a point in time when there is a lot of talk happening about getting non-custodial ways to get yield on BTC.

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