No, it doesn't. And if you don't know this by now, it's probably not ignorance or incompetence, but malice.
Bitcoin is limited to about half a million on-chain transactions daily, which is multiple orders of magnitude too low to function as a means of transaction globally or even nationally. And don't even try to bring up exchanges; those have all the same problems that the banks/credit card companies do.
Bitcoin solves this
No, it doesn't. And if you don't know this by now, it's probably not ignorance or incompetence, but malice.
Bitcoin is limited to about half a million on-chain transactions daily, which is multiple orders of magnitude too low to function as a means of transaction globally or even nationally. And don't even try to bring up exchanges; those have all the same problems that the banks/credit card companies do.
Layer 2 and 3 solve the transaction problem.
You only need to close those channels for final settlement.