this post was submitted on 07 Jul 2024
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So much for Blockchain's real life use cases (lemmy.ml)
submitted 9 months ago by whydudothatdrcrane@lemmy.ml to c/memes@lemmy.ml
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[–] Deflaktor@beehaw.org 3 points 9 months ago (1 children)

I apologize, it looked like copy pasta.

You lock up BTC in a lightning channel, you can then send that BTC to anybody via lightning,

You can not send the BTC to just about anybody. Only to people with whom you have a channel open. If you want to send to anybody you need to hop through other channels using middlemen. That sounds very similar to the function of a bank.