The problem isn't the tech; one could build a centralized micropayment system long before lightning was viable.
The issue is that receiving and sending bitcoin payments makes you regulated like a wire transfer service, and the resulting license costs to operate such a business are approximately 1MM USD per US state in which you wish to operate (before you can send a single payment).
It's madness. All of the cool micropayment businesses I want to start are illegal now.
The issue is that receiving and sending bitcoin payments makes you regulated like a wire transfer service, and the resulting license costs to operate such a business are approximately 1MM USD per US state in which you wish to operate (before you can send a single payment).
It's madness. All of the cool micropayment businesses I want to start are illegal now.