The Good, The Bad, And The Unknown
The post The Good, The Bad, And The Unknown appeared on BitcoinEthereumNews.com.
Everyone has heard the Chinese proverb British misquote: “May you live in interesting times,” and how it’s supposed to be a curse. It sounds deep, like a quote for edgelords over 80. But have you ever considered the alternative? According to the Anglo-Saxon Chronicle, there were nearly two centuries where nothing much happened. Vivian Mercier famously called Waiting for Godot “a play in which nothing happens, twice.” But nothing happening 191 times? I’ll take interesting times any day. And that’s exactly what we have now. Tether, with their stablecoin USDT, are coming to Lightning. We’ve been talking a lot recently about how Lightning is the common language of the bitcoin economy and how bitcoin is a medium of exchange (and it really is; read our report). These two arguments now seem to be converging. Thanks to Lightning working as a common language, it makes bitcoin interoperable with a wide range of adjacent technologies, like USDT. And USDT is going to turbocharge bitcoin into new use cases, new markets, and new challenges on a scale that the Lightning ecosystem has yet to experience. Given the choice, I’d rather dive head first into the unknown than spend the afternoon on the couch. All the cool stuff is in the unknown. (Image: pxhere) Given the choice, I’d rather dive head first into the unknown than spend the afternoon on the couch. All the cool stuff is in the unknown. (Image: pxhere) USDT on Lightning is terra incognita. Interesting times indeed. So let’s think about what it means for USDT to join Lightning and for Lightning to move USDT — the opportunities, the risks, and the wide open questions. Lightning was originally intended to increase the throughput of the bitcoin blockchain, so bitcoin was to be its only cargo. Taproot Assets is a new…
Filed under: News - @ February 25, 2025 3:28 pm