enjoy the protection from systemic failure afforded to users of cryptographicly secured sound money
This is why the likes of AXA invested in Blockstream
Imagine a financial crisis/bank
run under this system. Only the individual customers of a failing institution would be fucked, other institutions would be protected from fallout by their funds being secured from
contamination by LN and BTC assurances.
Take a legacy banking system that’s too big to fail and make it technically immune from failure... all at the greater expense of
individual account holders."
