Comment by Sonicthoughts on 03/01/2018 at 04:14 UTC

3 upvotes, 2 direct replies (showing 2)

View submission: Lightning Network Megathread

Question - since a large amount of BTC will be needed to open and maintain a chanell, do we expect this will "lock up" BTC and reduce the liquidity. This is happening with Dash Masternodes. You need 1000 Dash and effectively reduce avail supply to trade. Ultimately, this would drive up the price of BTC if large / many hubs form.

Replies

Comment by ophelan at 03/01/2018 at 05:50 UTC

2 upvotes, 1 direct replies

Since the purpose of moving funds to Lightning will be commerce, the funds won't be "locked up" per se, but available for your spending use.

I expect many will maintain a Bitcoin "savings account", Lightning "checking account" that funds will flow into and out of on a regular basis, and another Lightning mobile wallet for spending on the go.

Comment by codedaway at 03/01/2018 at 11:46 UTC

1 upvotes, 1 direct replies

I will add this to the FAQ and try to find a correct answer.