Most of the third world still operates using cash and their PoS systems are manual and labor intensive. We're used to modern PoS systems which integrate inventory management and accounting reconciliation.
2/9
2/9
An upgrade to Lightning for most of these countries is a huge leap, but it can be so much more. Currently, most PoS systems essentially monetize user data.
3/9
3/9
LN has the potential to allow customers to get the data instead. This would make it much easier to manage personal inventory, for example. Data can flow from the merchant to the user.
4/9
4/9
In other words, LN has the potential to completely rethink Point-of-Sale systems to benefit the customer and not just the merchant.
5/9
5/9
Bitcoin
@benthecarman explores FROST, a MuSig alternative
@notgrubles solo-mines using a @blockstream satellite
@krakenfx shows how you can verify their proof-of-reserves
6/9
@benthecarman explores FROST, a MuSig alternative
@notgrubles solo-mines using a @blockstream satellite
@krakenfx shows how you can verify their proof-of-reserves
6/9
Lightning
@SimpleLightning explains Lightning Dust
@sendlaisee brings LN to Chinese New Year
Dono.at is a LN live-stream tipping mechanism
7/9
@SimpleLightning explains Lightning Dust
@sendlaisee brings LN to Chinese New Year
Dono.at is a LN live-stream tipping mechanism
7/9
Econ, Etc
@nic_carter shows how mining is misunderstood
@StuntPope reflects on @GoFundMe/CBDCs
@DigitalAssets explains BTC vs alts
@OGBTC tells why @intel's move into ASICs is important
Dirty Bulb exposes celebrity NFTs
@LNMarkets explains AOPP
8/9
@nic_carter shows how mining is misunderstood
@StuntPope reflects on @GoFundMe/CBDCs
@DigitalAssets explains BTC vs alts
@OGBTC tells why @intel's move into ASICs is important
Dirty Bulb exposes celebrity NFTs
@LNMarkets explains AOPP
8/9
Read-through here:
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