News for hackers. Stuff that matters.
Re:Argentina's New President Wants to Adopt the Dollar as th... by miroljub on Monday November 20, 2023 @09:51AM (#38349088)
... and pay 5-10 $ fee per transaction? I doubt it.
Re:Argentina's New President Wants to Adopt the Dollar as th... by ForkMeOnTinder on Monday November 20, 2023 @10:29AM (#38349472)
Right now the median fee on lightning is $0.000226047.

https://1ml.com/statistics

Re:Argentina's New President Wants to Adopt the Dollar as th... by miroljub on Monday November 20, 2023 @11:42AM (#38350265)
Next question: where can I get Lightning banknotes for offline payments?
Re:Argentina's New President Wants to Adopt the Dollar as th... by alskfdjaksldjf on Monday November 20, 2023 @11:57AM (#38350485)
You say that like any argentinian would walk around with money or any valuable after he abolishes the police.
Re:Argentina's New President Wants to Adopt the Dollar as th... by miroljub on Thursday November 23, 2023 @09:15AM (#38392973)
You are aware people have been carried valuable items with them long before the invention of police?
Re:Argentina's New President Wants to Adopt the Dollar as th... by alphager on Monday November 20, 2023 @12:57PM (#38351601)
Lightning is not a solution, as it requires buying into a channel and not getting your coins until the channel closes.
Re:Argentina's New President Wants to Adopt the Dollar as th... by charlieyu1 on Monday November 20, 2023 @10:15AM (#38349358)
You can always use level 2s for small transcations.
Re:Argentina's New President Wants to Adopt the Dollar as th... by hoffs on Monday November 20, 2023 @10:30AM (#38349486)
Sounds like a fun time waiting for transaction to process in the shop
Re:Argentina's New President Wants to Adopt the Dollar as th... by johndunne on Monday November 20, 2023 @10:24AM (#38349429)
And potentially wait many multiples of 10 minutes if the mempool is full, making it potentially useless.
Re:Argentina's New President Wants to Adopt the Dollar as th... by pcdoodle on Monday November 20, 2023 @10:57AM (#38349749)
Lightning doesn't require waiting. Block time is not relevant unless you're sending a very large amount of money.