20190608-Big Picture-Lightning Network /ILP will replace Amazon and all global trade roots


Bitcoin Ben（Big Picture, Lightning Network/ILP will replace Amazon, 6/7/19）

-If you own the top 10 coins, you are good.

-The competition is in the networks.   ETH has to get their act together, because Lightning Network is growing quicker than ETH. 

-But ILP （Interledger Protocol /XRP Network）is larger and the quickest,leading network right now!

-XRP is network is from top down.  It’s from the company’s angle.    Lightning Network is from the bottom and up.  It’s from people’s angle.

-Lightning Network and ILP will be the replacements for the Comex and NYSE.    BAKKT is not going to compete but replace Comex and NYSE.

-They will first tokenize the stocks and commodities then eventually tokenize all products,  for example a can of soda, thus the tokenization of everything.

-Once Lightning Network is launched and have enough nodes, you won’t need any exchange or Amazon because Lightning Network will be THE exchange and the market place.  It will search for the cheapest price of anything.

-Amazon is going to offer Lightning node service to its suppliers. (10:15) that don’t know how to set up a lightning node.  Also, Amazon is transitioning into a shipping company like FEDEX.   Check out the Amazon Flying Warehouse.

-Amazon Flying Warehouse - in pursuing a drone delivery service, Amazon patented the idea of a floating, blimplike airship, called an "airborne fulfillment center," that would store products midair, and an accompanying network of drones, that would pick up items from the blimp and deliver them to customers.


-Amazon and Ebay are going to be the middle man in the Lightning Network.     Amazon will provide network service to say ILP 、Lightning Network 、EOS network, ETH network。。。   All these networks will connect together and you will have Amazon Net, and Amazon will have its own coin.

-LTC and BTC have values because they are going to be the units of transaction on the Lightning Network.   BTC will be the reserved currency of the Lightning Network.

-Think of Lightning Network as the Global market place and BTC as the reserved currency of the global network.

-First there will be the war of networks and then they will all work with each other.


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