Bitcoin LN Torch Goes Beyond Borders

0 147


Mar 07, 2019 at 10:26 // News

The Lightning Network (LN) torch cost has crossed borders to Israel after being posted by an Iranian in a symbolic sign of peace amongst these two countries. This historic phenomenon only shows that bitcoin is indeed a political and borderless cash experience.


The Bitcoin LN trust chain, a series of payments developed by @hodlonaut which is growing through Twitter in a related way to the Olympic torch dispatch, keeps on going beyond borders and battles for the interest of digital currency.


Bitcoin Node Map


On Monday March 4, the Bitcoin Embassy in Tel Aviv, Israel, got the trust chain from Sam Abbassi, an Iranian staying outside the country – who also got it from another Iranian called Ziya Sadr. Ziya recently gained attention after showing the geographical position on a map of his BTC node. Abassi tweeted:


The Bitcoin Embassy also quickly responded with enthusiasm and pride. The 229th receiver of the torch noted:   


“We received the #LNTrustChain torch! It went from Iran to @samabbassi, an Iranian living abroad, and then to us in Tel Aviv! We’re very proud to be a part of this historic moment  Reply with your invoices and let’s get this torch on the move again!”   

#LNTrustchain Gains Popularity on Twitter   


The Coinex executive Ziya Sadr, wanted to carry the torch from Iran, hence putting another nation to the list. Nevertheless, apprehensions about sending payments from the U.S earlier stopped the step from taking place.

Bitcoin is Uncensorable Money   


Responses have been very positive as far as this to the latest journey of the trust chain, with several celebrating the manner in which BTC has just connected the peoples of two nations whose administrations incline to act like sworn opponents.   


Anthony Pompliano, Founder of Morgan Creek Digital and an advocate of BTC replied to the event noting:


The international transfer between Iran and Israel is a colossal landmark concerning both the development of LN and
Bitcoin as a cryptocurrency. The episode recapped that BTC is basically free and beyond the control of a central authority.



You might also like

Pin It on Pinterest

Share This

Share this post with your friends!

WhatsApp chat