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A comment on Taproot, Bitcoin’s long-anticipated upgrade, has activated. Parent comment

Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by johnday on Monday November 15, 2021 @11:17AM (#29229106)
Surely suppliers want to be paid? Accumulating a huge pile of IOUs is of zero benefit to someone who has actual real-world costs, such as taxes, payroll and capital outlays.
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Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by TekMol on Monday November 15, 2021 @12:02PM (#29229587)
What do you mean by "be paid"?

Usually, one is "paid" when "the money is in the bank", right?

And this is what happens here. The initial step is to create a bank and then "payments" happen there.

As for how to pay someone who is not "customer" of this bank, see my answer to this question:

https://news.ycombinator.com/item?id=29227788

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Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by jessaustin on Monday November 15, 2021 @03:50PM (#29232536)
Lots of firms, especially those whose value is based partially on "predictable" profits, want to schedule payments in Q2 rather than Q1.
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Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by danlugo92 on Monday November 15, 2021 @09:06PM (#29235815)
Lightning transactions are final. Anything else is FUD.
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