Most reports we're hearing these days are full of bad news. Is there anything good happening for BTC at the minute?
The fact that people are already using the Lightning Network on mainnet.
A quote from a recent Coindesk article:
The excitement is not hard to explain – the off-chain technology
promises near-instant transaction speeds with vastly reduced fees – and many
enthusiasts believe using the network on the bitcoin mainnet, as opposed
to on the testnet, will speed up the time it takes to get the Lightning Network ready for prime time.
If the Lightning Network proves to be viable it will enable certain
use cases that aren´t possible using Bitcoin at the moment. E.g. micropayments,
subscription models or even something like paying for a videostream by the
second. Many people think that it will make Bitcoin payments much more
interesting for merchants, because it lowers the transaction times and
the transaction fees.
On the other hand, you could argue that the actual adoption of Lightning
network is still far in the future and the development could take more time
than people think. Besides, there is the possibility that there are bugs or flaws
that will be discovered during the actual usage, because the LN obviously
isn´t as battle-tested as the BTC main blockchain thas has been
running successfully for nearly a decade.
