goodluck.. when they realise they have balance in binances channels of mansion amounts. but LN routing paths only succeed with pizza amounts
if only people could try for once to observe the limitations of LN to notice that you cant just move $2k+ around LN freely.
This statement is highly biased by the assumption that people only ever deposit or withdraw $2k+ to / from a centralized exchange.
Last I checked, a big portion of Bitcoin buyers actually like dollar-cost averaging, with the one big issue that they cannot economically viably withdraw their $10 daily buy if they have to pay $5 of on-chain and exchange fees every time. Therefore, they are stuck with having to accumulate BTC in the exchange wallet and withdrawing once a month or so.
Lightning deposits and withdrawals allow them to instantly retrieve their funds and get custody of them as quickly as possible.
locking a hot wallet into a channel.. pfft. but moving largish amounts out of that channel through other channels will be the head banger against a rock. when they realise the channels along the route cant facilitate that amount of liquidity
If I want to quickly move thousands of $ of Lightning balance on-chain, I just close channels. Only one on-chain transaction per channel, and I'll have my funds on-chain in the next block. You're overblowing apparent 'issues' exponentially again, Franky.
Lightning is not perfect and is certainly not suited for every application, but there is no need to freak out over non-issues for the tenth time.
*distracting but largely incomprehensible noises*
Planning ahead can potentially negate liquidity issues. Just because Chivo was poorly planned and executed, that doesn't mean every new adoption will be.
From what I can tell as an 'outsider',
Kraken's Lightning integration did not have any substantial issues back in 2022. Bitfinex did it successfully, too.