1,125 karma · joined March 15, 2013
Download the desktop app and try it out: https://github.com/lightninglabs/lightning-app
It's early, but that's no reason to throw the baby out with the bathwater.
I wrote a blog post about fees last week, and one thing I specifically discuss is whether or not fees are actually necessary: https://medium.com/@brndnmtthws/questioning-assumptions-do-c...
The tl;dr is that I believe the fees have (in some cases, specifically with Bitcoin) acted against the best interests of users. I also don't completely buy into the game theory/economics argument that fees help keep the network secure.
See also, The HODLer Manifesto: https://hodlermanifesto.com (created by yours truly).
To each their own, as they say.
By the way: great post.
I did not sign up for any product promotion notifications, so if I receive any it's spam.
Look what happened after the VW diesel scandal ('dieselgate'): VW had to pay for repairs, and pay buyers (my friend bought one of the cars and got about $6k IIRC). Some people even went to jail.
Intel (or any other CPU maker) will probably not suffer similar fates. This situation is a bit different, because they may not have known about the problem. Still, everyone who bought a CPU is going to get a 10-30% performance haircut because they made a mistake. And Intel isn't going to have to pay for it.
Please, let's move past the name calling. Calling something a bubble does not make it so.