Saanvi is a web designer and developer in Bangalore, India. She accepts bitcoin for her work, but would prefer to get paid more frequently and so uses the Lightning Network to get paid incrementally for each small milestone she completes. With the Lightning Network, she can do more small jobs for more clients without worrying about fees or delays.
content creator / curator::
John is a 9-year-old boy from New Zealand, who wanted a games console just like his friends. However, his dad told him that in order to buy it, he had to earn the money himself. Now John is an aspiring artist, so he knows that while he is still improving, he can't charge much for his artwork. After learning about Bitcoin, he managed to set up a website to sell his drawings across the internet. By using the Lightning Network, John was able to charge as little as $1 for one of his drawings, which would normally be considered a micro-payment and, as such, not possible with other payment methods. Furthermore, by using a global currency such as bitcoin, John was able to sell his artwork to customers all over the world and, in the end, buy the games console he so desperately wanted.
John is a 9-year-old boy from New Zealand, who wanted a games console just like his friends. However, his dad told him that in order to buy it, he had to earn the money himself. Now John is an aspiring artist, so he knows that while he is still improving, he can't charge much for his artwork.
After learning about Bitcoin, he managed to set up a website to sell his drawings across the internet.
By using the Lightning Network, John was able to charge as little as $1 for one of his drawings, which would normally be considered a micro-payment and, as such, would typically be impossible on traditional systems.
Furthermore, most legacy financial systems wouldn't even allow a 9-year old like John to open an account!
By using a global currency such as bitcoin, John was able to sell his artwork to customers all over the world, store the money he's earned without a bank account and, in the end, buy the games console he so desperately wanted.
gamer::
Gloria is a teenage gamer from the Philippines. She plays many different computer games, but her favorite ones are those that have an "in-game economy" based on real money. As she plays games, she also earns money by acquiring and selling virtual in-game items. The Lightning Network allows her to transact in small amounts for in-game items as well as earn small amounts for completing quests.
Andreas M. Antonopoulos
4 years ago
committed by
GitHub