BTCers are disgusted that Visa wants to be in the middle of all payments and MC is patenting fractional reserve management for blockchain assets, yet they cheer on LN and Liquid doing the same thing. Bitcoin BCH is true peer-to-peer ecash and these intermediaries are not needed.
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LN isn’t in the middle of anything and doesn’t enable fractional reserve
![greatwolf [Bitcoin Cash]](https://pbs.twimg.com/profile_images/576163754112503808/9mhKXa2g_normal.png)
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Yes. In a way that the people and businesses that take part in the network will have to provide BTC. It’s sort of same as getting on the BCH network. You have to get BCH from somewhere first
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Without a third party liquidity provider, you cannot take out more BTC than you have put into the LN (i.e. can’t make a profit). BCH on the other hand is peer to peer electronic cash, no third party needed.
End of conversation
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