Brian Armstrong Promises Me $100 in Bitcoin — So Where Is It?
A recent tweet by Coinbase CEO Brian Armstrong offered $100 in crypto to people who provide the “best examples” of cryptocurrency use in Africa. In response, the author of this article shared a video of himself using Bitcoin in Africa, which quickly became the most liked and most shared response. Despite over 600 likes and 100 retweets, Armstrong appears to have ignored the post, prompting the author to reach out to key opinion leaders within the Bitcoin community to strengthen the tweet. Wicked, an anonymous Bitcoin educator and data analyst, tagged Armstrong in a post, drawing attention to the author’s video tweet about Bitcoin in Africa.
Armstrong finally confirmed that the Lightning Network was great and something Coinbase would integrate into, and tweeted that he had sent $100 to the author. However, Armstrong sent the money to what he thought was the author’s Lightning address, which he mistook for an email address.
This error highlights the need for education on the Lightning Network, an instant payment solution built on top of Bitcoin. While using the Bitcoin blockchain for the first time can be very stressful, using the Lightning Network is relatively easy. As we move further into the future, the use of instant payment solutions like the Lightning Network will only continue to increase in popularity.
Overall, the incident with Lightning Armstrong and the author’s address serves as a reminder of the importance of education and familiarity with new technologies, particularly in the cryptocurrency world. As more people start using these innovative payment solutions, it is important to understand their features and potential pitfalls. In this case, Armstrong’s fault may be minor, but it is a valuable lesson for those new to Lightning Network and other instant payment solutions.