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Bitcoin’s Lightning Network solves problems created by BTC community: Roger Ver

Ketaki Dixit



Bitcoin [BTC]s Lightning Network solves problems created by BTC community says Roger Ver
Source: Pixabay

During a conference, Roger Ver also referred to as the Bitcoin Jesus said that Bitcoin [BTC] had no scaling problem and ‘an intentional problem was created’. He says that the Lightning Network was created as a solution to the problem that was created by the Bitcoin [BTC] community in the first place.

A member of the audience questioned Roger Ver using his own experiences of running Lightning Network on the mainnet three weeks prior. On this, Roger Ver said:

“Im a big Harry Brown fan and he talks about the government and he said that the government is like somebody that like, breaks your legs and hands you a pair of crutches and says, ‘see if it wasn’t for the government, you wouldn’t be able to walk and the same is true about the lightning network.”

He said that there was no scaling problem on Bitcoin [BTC] at all and an intentional problem was created. He said:

“Oh! we’re going to create the lightning network to solve the problems that we created in the first place on Bitcoin.”

Roger, later on, by bringing up the drop in Bitcoin [BTC] share over the previous year from over 85% to 35%, continued to say that the Lightning Network is still not ready for the big time and that it is ‘too little and too late’. He further adds that if the Lightning Network is ready in the future then it will work better, faster, cheaper, and more reliably on Bitcoin Cash [BCH] than Bitcoin [BTC].

TotalBuzzKit, a Twitterati says:

“Just be careful not to burn yourself while carrying the torch.”

Buu Huu, another Twitterati says:

“sad little man…”

Roger Ver concluded by saying that ‘we have stunted the growth of cryptocurrencies by years as we did not allow it to keep up’. He said that he is not against Lightning Network but is hesitant to get involved with most of the developers behind it as they refuse to speak out in its favor and are not ready for an open discussion about ideas.

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Ketaki Dixit is a Journalism major from Jain University. She has about 1-year experience in the field and is passionate about blockchain technology and the cryptocurrency world.



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