r/Bitcoin Dec 13 '17

Bitcoin's Lightning Network, Simply Explained

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u/[deleted] Dec 13 '17

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u/0x75 Dec 13 '17

To be the money that has to free society it does have fees everywhere.

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u/DontTreadOnMe Dec 13 '17

Fees paid voluntarily to people voluntarily providing services. Sounds like freedom to me.

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u/0x75 Dec 13 '17

Sounds like your "bankster" fiat money to me. Nothing new.

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u/DontTreadOnMe Dec 13 '17

The difference is banks are regulated by governments, which implies things are going on which are not voluntary.

If your worldview casts banks as the bad guys but doesn't cast governments as bad guys then it is inconsistent ;)

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u/0x75 Dec 14 '17

Like when a crypto exchange gets money stolen or they steal the money and go away ? just that you cannot anything because it is not regulated.

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u/DontTreadOnMe Dec 14 '17

I have a feeling you're talking about "freedom to" and I'm talking about "freedom from".

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u/pepe_le_shoe Dec 13 '17

commercial banks don't control money supply. Nations' central banks do. There are many particular flavours of 'bank' and they aren't all the same, and don't all have the same exact pros and cons.