Hey everone my thoughts on the lightning network.
The lightning network has just been launched and at first I thought wow cool idea btc can now be sent a lot quiker and cheaper and in the future when more people establish hubs the quiker it gets.
Then I started taking a deeper look and reading different opinions. I come to the conclusion that through the lightning network banks can accumulate btc and distrobute it as they have the liquidity to buy lots of btc and store and transact with it.
Basiclly they could create a masterhub and controll large amounts of btc.
Heres a video link that explains it pretty good that most can understand the technicals.