4 part series on Lightning Network Part 3: Tigger says be patient it is happening and will change everything 

Tigger bounced onto stage at the Pooh Corner Tech Debate and got a big cheer when he said “soon all Bitcoin wallets will have a Lightning Network capability and users will simply notice faster confirmation and lower fees.”

A positive heckler shouted “and that will solve the economic incentive issue for node operators that Eeyore was blathering about”.

On an excitable roll, Tigger pointed to recent news indicating traction:

Lightning Network  capacity breaks 1,500 BTC

The CEO of Twitter hinted that the Lightning Network will be integrated into the social network

A publicly traded company buying millions of $ worth of Bitcoin to fund their  Lightning Network operations

Playing to the crowd Tigger invited them to imagine a future with micropayments, real time payments and mobile money for the unbanked.

Enough excitable optimism and depressive pessimism last week. Next week, the bear of little brain attempts to offer a balanced view.

Some subjects are too complex for our short attention spans, so we do 4 posts one week apart (see here for 1,2,4 some may not be published yet), each one short enough not to lose your attention but in aggregate doing justice to the complexity of the subject. Stay tuned by subscribing.

Daily Fintech’s original insight is made available to you for US$143 a year (which equates to $2.75 per week). $2.75 buys you a coffee (maybe), or the cost of a week’s subscription to the global Fintech blog – caffeine for the mind that could be worth $ millions.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.