Brian Armstrong promised me $100 in Bitcoin — so where is it?

[ad_1] <div> Coinbase CEO Brian Armstrong owes me $100. That’s as a result of he won't know the right way to use the Lightning Community, the moment fee answer constructed on prime of Bitcoin.Armstrong, who’s been constructing within the Bitcoin (BTC) area since 2012, lately tweeted that he would pay individuals who offered the “finest examples” of individuals utilizing cryptocurrency in Africa. “If you happen to’re utilizing crypto in Africa, reply with a brief video (<30 seconds) or photograph of the way you’re utilizing it,” Armstrong wrote. “Finest few examples get $100 in crypto.”<amp-twitter height="694" width="486" layout="responsive" data-tweetid="1644146369094111234?ref_src=twsrc%5Etfw"/> That is the CEO of Coinbase, in any case, so I shared a video of myself utilizing Bitcoin in Africa, which was a part of a 30-second section of a latest Cointelegraph documentary protecting Bitcoin in Senegal.<amp-youtube data-videoid="1WL3dHoVX6Q" layout="responsive" height="315" width="100"/>The tweet rapidly grew to become the most-liked and most-shared response to Armstrong’s question. (Crucially, the tweet referred to Bitcoin in Africa, not crypto in Africa, and it demonstrated the convenience and pace of the Lightning Community.)Nevertheless, Armstrong seems to have ignored my submission, regardless of greater than 600 likes and 100 retweets. The following hottest submission had simply 50 likes. So, I reached out to some key opinion leaders, creators and influencers throughout the Bitcoin group to amplify the tweet. Depraved, an nameless Bitcoin educator and information analyst, tagged Armstrong in a submit, accusing him of “actively ignoring the #Bitcoin Lightning Community.”<amp-twitter height="694" width="486" layout="responsive" data-tweetid="1644794656570617856"/> Depraved very kindly drew Brian’s consideration to my tweet video about Bitcoin in Africa. The tweet, and Armstrong's affirmation that "Lightning is nice and one thing we'll combine," led to information retailers all over the world reporting on Coinbase's subsequent improvement. He then additionally tweeted that he had despatched me the cash. <amp-twitter height="694" width="486" layout="responsive" data-tweetid="1644844792608874496?ref_src=twsrc%5Etfw"/> Right here’s the place issues get bizarre. Armstrong mentioned he paid me the $100. He mentioned he despatched $100 to the Lightning deal with proven in my Twitter profile bio: Joe@Coincorner.ioNow, in case you’ve by no means used the Lightning Community earlier than, you’d be forgiven for complicated this deal with with an e mail deal with. However would the CEO of Coinbase make that mistake? May the Bitcoin OG have failed to acknowledge that the request in my bio — which says “Ship BTC to Joe@Coincorner.io,” surrounded by lightning bolt emojis — might be my Lightning deal with?Facet observe: Working a Bitcoin node is mildly technical, and sending cash on the Bitcoin blockchain for the primary time is just a little nerve-wracking, because the transaction takes roughly 10 minutes to substantiate and we reside instantly world. However utilizing the Lightning Community in 2023? It’s brain-dead simple. A stroll within the park. Significantly.“That’s a giant name, Joe,” I hear you say.Yep, it's. And I’ve received the receipts to show it. It’s really easy to make use of the Lightning Community that I stand on the street in places worldwide giving out Bitcoin to individuals on their brand-new Lightning wallets — and I movie their reactions. The commonest remarks are “I didn’t realize it’s really easy” and “Wow, it’s so quick.” The movies are on my YouTube channel. Right here’s a video shot in France for the Cointelegraph YouTube channel the place I give out Bitcoin:<amp-youtube data-videoid="6Vuvyzwaaag" layout="responsive" height="315" width="100"/>So, please — let’s not faux that Armstrong is overwhelmed by the complexity of sending cash to my Lightning deal with. Furthermore, funnily sufficient, Bitcoin advocates worldwide noticed my tweet and took pleasure in sending me sats to indicate that my Lightning deal with is alive and nicely.<figure><amp-img src="https://s3.cointelegraph.com/uploads/2023-04/ab0d222e-78e8-4454-8fd0-94751c105410.png" alt="" title="" width="4" height="3" layout="responsive"/><figcaption class="inline-style-0">My cellphone blowing up with fee notifications.</figcaption></figure>Again to the story. Danny Scott, CEO of CoinCorner — a Bitcoin and Lightning firm — was fast to level out to Armstrong on<a target="_blank" href="https://twitter.com/CoinCornerDanny/status/1645037923631284225" rel="noopener nofollow" data-vars-outbound-link="https://twitter.com/CoinCornerDanny/status/1645037923631284225"> Twitter</a> that he may need made a mistake in complicated Bitcoin and e mail, as Coinbase gives a “ship to e mail” perform.Associated: Ethereum's Shanghai fork is coming, but it surely doesn’t imply traders ought to dump ETHScott informed Cointelegraph in an e mail, “Clearly, we all know the deal with [that Joe shared] is a Lightning deal with, however clearly not everyone does.” <blockquote>“So my guess is Brian is aware of little or no about Lightning proper now, specifically LNURL, Lightning addresses and different improvements being constructed out, which is completely superb, he is distracted, it occurs, now we simply hope he helps himself and the business by turning their consideration to what actually has substance and long run worth, Bitcoin and Lightning.”</blockquote>It’s true: Coinbase affords buying and selling for greater than 250 totally different cryptocurrencies — that’s a number of tokens to maintain one’s eye on. And as Scott provides, “I can admire how busy he can be — this business doesn’t sleep, and operating a Bitcoin firm myself, I do know that feeling even at a smaller scale.” To provide Brian and in the end Coinbase the advantage of the doubt, I waited a number of days earlier than writing this text. I've tweeted repeatedly at Brian (no reply) and I additionally reached out to the Coinbase Press Staff. They informed me that they might resolve it, however “My guess is that Brian is probably going batching the sends at sure instances." A day has handed since this message (extra doubt-benefit-giving) they usually’ve not despatched a proof.Associated: Coinbase wins $470K restitution in insider buying and selling caseThe press workforce e mail was notably left-field because it referred to “batching.” Batching is consolidating a number of funds right into a single transaction on the Bitcoin blockchain, not the layer-2 Lightning Community. Once more, they’re not accustomed to Lightning. This provides additional insult to damage: May or not it's that the Lightning Community merely isn’t on Coinbase’s radar? It’s been three days since Armstrong mentioned he would ship the cash, and there have been some merely great memes from the Bitcoin and wider crypto group. <figure><amp-img src="https://s3.cointelegraph.com/uploads/2023-04/3ea3c48a-6cde-40b7-a98f-f13f15b95d87.png" alt="" title="" width="4" height="3" layout="responsive"/><figcaption class="inline-style-0">Brian the "LN Maxi" attempting to mix in. Supply: @Corndalorian</figcaption></figure>Armstrong has been energetic on Twitter, whereas his firm is busy launching new tasks and profitable insider buying and selling circumstances for the over 250-plus crypto tasks Coinbase hosts.In the meantime, I’m nonetheless ready for my $100. However I’m additionally more and more alarmed that the billionaire, crypto OG and Coinbase CEO Armstrong struggled to identify a Lightning deal with.<div>Joe Corridor joined Cointelegraph as a reporter in 2021. He holds an MA in French and Spanish from the College of Edinburgh and a BA in languages from Sceinces Po Lyon.</div>This text is for common info functions and isn't meant to be and shouldn't be taken as authorized or funding recommendation. The views, ideas and opinions expressed listed here are the writer’s alone and don't essentially replicate or characterize the views and opinions of Cointelegraph. </div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> [ad_2] <a href="https://cointelegraph.com/news/brian-armstrong-owes-me-100-in-bitcoin-here-s-why/amp">Source link </a>