nobody on nostr

Don’t just believe in bitcoin. Use bitcoin.

The issue is two fold IMM. 1) adoption is low. BTC being SOV means adoption and POS use is low. LN network is too complicated and too many fail points or compromises. 2) Ppl still want to use banks and fiat. Deep down they want to trust big brother, not themselves.

BTC is rather useless in my city TBH.

nobody · 163w

But I agree with your one liner.

Jeff Swann · 163w

To use LN in a non-custodial manner without a node you need 2 LN wallets. Wallet of Satoshi for recieving & getting BTC into channels, & then something non-custodial like Muun or Phoenix where you can keep most of your sats. All are very simple to use. You can then add fold into the mix & save 4 or...

nostrich · 163w

Start small with other Bitcoiners.

Jason · 163w

I was just using Muun for lightning but the fees can get crazy, like on-chain size lightning fees. I'm giving WoS a try

nobody · 163w

How do you settle your Lightning BTC back to L1? Complicated. That's how. Use 3rd party software and run a "pruned" node etc etc... "Submarine swap" etc etc or swap it for BTC. Etc etc. Lol. Way too complex for any common main street nocoiner.

Jeff Swann · 163w

What are you talking about?! You can send from muun or phoenix to Green Wallet any time. Done L1 Bitcoin secure & backed up with seed phrase. If you want to go back to LN, send from Green to WoS & then either spend from there or make LN txns to non-custodial LN wallet.

Jeff Swann · 163w

The problem is that L1 Bitcoin you send to Muun isn't actually on LN, so you ARE paying onchain fees to fulfill LN invoices. Everything you send to WoS is onboaded to LN automatically so you can send from WoS to Muun & it never leaves LN channels.