When you figure out btc transactions will never be cheap.
I was using Lightning Network and BTC, to test, to learn, to figure things out on my own and to decide if I should actually move to Bitcoin Cash once and for all. I was told don't use first layer that is too expensive to use. Lightning Network which is still in beta. So I gave it a chance, by using private channels, open channels, custodian wallets and all which is related to Bitcoin and Lightning.
Well after some months, I realize that in the same node channel transactions will be 1 satoshi or even free, but when you move from one node into another node, that's when the routing fees will kick to high gear. So I decided to spend 1.5 million satoshis which now is consider a large transaction by bitcoiners, so I end up paying 6000 satoshis which was around $3.44, on-chain transactions were at that time around $10, so from multiple transactions I discover that routing fees around many node will not be cheap, and after researching I found out that a bigger node operator was saying that the fees on Lightning Network need to increase because he put $1m in Lightning liquidity and he only made like $20, so that means that the Bitcoin community will also be paying higher fees because node operators need to pay their bills as well.
Which means that you as the end user will have to pay higher fees in both networks and that one transaction in my example is not the only one on which I was charge more than $1 on routing fees, that one is the last that I decided was the one on which I had it, and I don't want to pay higher fees every time I want to use my money.
I just had it, I had enough and when I went and publish my experience on the zapread.com forum which is a Lightning forum, to complain, to be heard by others, I was met with a bigger disappointment that actually made my blood boil. I was told that a transaction of 0.0153 is a big transaction and that I should use "side-chains".
I just said to myself, what the hell, they taking me from don't use this, use that, I promise, it will be cheap, to sorry, I meant for you to use these instead.
Lie to me once, shame on you. Lie to me twice, shame on me, and if you lie to me a third time, my honest answer will be a middle finger, with some really bad words, I actually feel frustrated.
So bitcoin holders go like this, don't use first layer, use lightning network, sorry I meant side-chains, you know what just don't use Bitcoin at all. After all btc was never meant to be used because it is going to be too valuable to be spend at all.
https://www.zapread.com/Post/Detail/7698/some-real-lightning-network-fees/
https://i.imgur.com/kiPle7f.png
read more posts like this at read.cash I will try to import all of my work to Reddit soon
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