{"id":670566,"date":"2026-10-13T14:53:54","date_gmt":"2026-10-13T14:53:54","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/13\/is-bitcoin-kidding-itself-about-the-lightning-network-3\/"},"modified":"2026-10-13T14:53:54","modified_gmt":"2026-10-13T14:53:54","slug":"is-bitcoin-kidding-itself-about-the-lightning-network-3","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/13\/is-bitcoin-kidding-itself-about-the-lightning-network-3\/","title":{"rendered":"Is Bitcoin kidding itself about the Lightning Network?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M4G9K7C73KY8G43Y46W76Q1Z\/magazinebig-questions-can-btc-survive-10-year.png\" alt=\"Is Bitcoin kidding itself about the Lightning Network?\" class=\"type:primaryImage\" \/><\/p>\n<p>Bitcoin developer Paul Sztorc says Bitcoiners are lying to themselves about Lightning. Developers claim usability has improved, but questions remain over everyday adoption.<\/p>\n<p>Bitcoin developer Paul Sztorc ruffled a few feathers this month with a brutally blunt assessment of the Lightning Network: Bitcoiners are lying to themselves about how well it works.<\/p>\n<p>\u201cMost people don\u2019t realize how bad the Lightning Network is,\u201d Sztorc <a href=\"https:\/\/x.com\/Truthcoin\/status\/2106776378230046967\" rel=\"noopener noreferrer\" target=\"_blank\">said<\/a> in an October 4 post on X, \u201cbecause there has been a vast, years long conspiracy to ***lie*** about the LN user experience.\u201d<\/p>\n<p>He argued that custodial Lightning services account for more than 80% of payments, and described their promotion as a \u201cvast campaign of fraud on par with Elizabeth Holmes\u2019 Theranos,\u201d he said, referring to fake blood-testing device company whose founder was convicted of fraud.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/is-bitcoin-kidding-itself-about-the-lightning-network\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin developer Paul Sztorc says Bitcoiners are lying to themselves about Lightning. Developers claim usability has improved, but questions remain over everyday adoption. Bitcoin developer Paul Sztorc ruffled a few feathers this month with a brutally blunt assessment of the Lightning Network: Bitcoiners are lying to themselves about how well it works. \u201cMost people don\u2019t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-670566","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/670566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=670566"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/670566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/670528"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=670566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=670566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=670566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}