Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey

Coinbase CEO Brian Armstrong has confirmed that the crypto exchange is “checking out” including the Bitcoin Lighting network in its mission to advance crypto payments adoption worldwide.On July 28, Armstrong attended to the crypto neighborhood on Twitter (rebranded to X), highlighting the potential of cryptocurrencies to enhance global payments infrastructure. He even more suggested:” This will take lots of work from all of us, Coinbase consisted of, getting layer 2s incorporated, better on-ramps, easier UX/onboarding, etc” Armstrongs vision for global crypto payments was questioned by enduring Bitcoin (BTC) supporters, including MicroStrategy creator Michael Saylor and Square CEO Jack Dorsey, provided no mention of Bitcoin in the post, as shown listed below: The next action for crypto is to pay instant and free globally.This will take lots of work from everyone, Coinbase consisted of, getting layer 2s incorporated, much better on-ramps, easier UX/onboarding, and so on A magic threshold would be getting the average payment under 1 cent … https://t.co/IDWTHsZNUq— Brian Armstrong (@brian_armstrong) July 26, 2023

After five days of silence, Armstrong reacted to Dorsey, specifying:” Not sure why you believe were disregarding Bitcoin – weve onboarded more people to Bitcoin than most likely any company in the world. Dorsey acknowledged Coinbases function in spreading Bitcoin adoption, and agreed to partner with Armstrong in putting resources into Bitcoin and layer-2 technologies, adding:” We desire an open protocol for money transmission for the web thats not controlled by a single person, business, or government.” The open conversation in between the 2 crypto business owners concluded with both pledging to be on the exact same team.Related: Lightning Labs launches tools letting AI negotiate and hold BitcoinOn July 17, Binance finished the combination of Bitcoin Lightning Network within a month of sharing its intention to do so.Screenshot revealing users can select “LIGHTNING” as an option when depositing Bitcoin.