<p>I assume that people will have more refined ideas by the time this would actually appear on the horizon, but here are some ideas:</p>
<ul>
<li><a href="https://bitcoin.stackexchange.com/a/67187/5406">channel factories</a></li>
<li>Custodial Lightning Wallets, i.e. &quot;Lightning banks&quot;</li>
<li>atomic swap from a payment focused sidechain</li>
<li>purchasing spendable LN balance on other users' Lightning nodes via <a href="https://blog.lightning.engineering/announcement/2020/01/22/lnd-v0.9.html#security" rel="nofollow noreferrer">macaroons</a> that permit spending a specific amount</li>
</ul>
<p>Or more generally, I suspect that people would develop third layer solutions that permit multiple users to share Lightning Network channels effectively.</p>

CC BY-SA 4.0
2021-02-05T04:48:40.330Z
2021-02-05T04:55:34.393Z
2021-02-05T04:55:34.393Z
Murch
<p>If BTC hits 10mln$ and transactions fees will be horrendous denominated in $, how a &quot;common guy&quot; will be able to opt in using Bitcoin, if even opening LN channel will be too expensive then since it requires on-chain payment? As I understand the only way for him would be to rely on third party which would'nt be very different from using a bank.</p>

CC BY-SA 4.0
2021-02-05T05:13:04.340Z
Also see this related question: https://bitcoin.stackexchange.com/q/87843/5406
Murch
<transaction-fees><lightning-network><economic-theory><micropaymentchannels>
How will a common guy use Lightning Network when BTC hits 10 mln$?
Saunter
# How will a common guy use Lightning Network when BTC hits 10 mln$?

(Asked by: username_0 on 2021-02-05)

If BTC hits 10mln$ and transactions fees will be horrendous denominated in $, how a "common guy" will be able to opt in using Bitcoin, if even opening LN channel will be too expensive then since it requires on-chain payment? As I understand the only way for him would be to rely on third party which would'nt be very different from using a bank.

**Tags:** transaction-fees, lightning-network, economic-theory, micropaymentchannels

> **Comments:**
> **username_1**: Also see this related question: https://bitcoin.stackexchange.com/q/87843/5406  

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## 1 answers

### Answer by username_1 on 2021-02-05. Score: 1

I assume that people will have more refined ideas by the time this would actually appear on the horizon, but here are some ideas:

* [channel factories](https://bitcoin.stackexchange.com/a/67187/5406)
* Custodial Lightning Wallets, i.e. "Lightning banks"
* atomic swap from a payment focused sidechain
* purchasing spendable LN balance on other users' Lightning nodes via [macaroons](https://blog.lightning.engineering/announcement/2020/01/22/lnd-v0.9.html#security) that permit spending a specific amount

Or more generally, I suspect that people would develop third layer solutions that permit multiple users to share Lightning Network channels effectively.


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