The dirtiest secret in BTC:
Most lightning companies just keep all your money for themselves, at all times
Then, they show you a bunch of fake LN invoices, that are never actually used
Most people can't tell
This tricks people into thinking LN works -- because they "used it"
You won't notice, until it is time to withdraw your money (to a real crypto wallet, not controlled by them)
Paul Sztorc
@Truthcoin
11-07
== The Lightning Dupes ==
Of those who say:
"I used Lightning, it worked for me" ,
At least 95% of them are being conned (probably 99%). They have no idea what "custodial" means -- they are victims of a fraud. Which they then unwittingly repeat.
It was the same with Theranos. x.com/Truthcoin/stat…
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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