> By the way to just open a single channel for everyone on earth today and close it will take about 70 years, so right around the year 3000 if you (very optimistically) factor in births and deaths. And about $265 billion dollars at current fee rates - $18.99 as quoted today. Elon better pony up! This of course assumes the blockchain isn't used for anything else in the interim.

LOL. Nice. I like it even better than my other favorite example, that issuing a paycheck in Bitcoin to the 125 million full time employees in the US would take about a year to process.