Damus
Open in Damus
ChadXMR · 2w
I agree instant payment is a great benefit. But the trade off is centralization. At that point one can also just use a crypto backed credit card. I use crypto in the first place because it's p2p.
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Justin @Justin
It's not centralized. i can run my node. i can hold my keys. And I don't need to be on the phone for 4 hours to try to get my my node to block a merchant from making withdrawls. Only to find out that the block only lasted for 15 months and to have them charging my card aigan. (My actual experiencing their credit card company yesterday)
It's not technically P2P (neither is tor). But not exactly easy to censor either. Just need to find another route.

"To be clear, I don't indorse any form of custodial lightning.*
1
Murray ₿ · 2w
Most 'open' AI is open-washing. Real open AI means weights you can audit, models you can run yourself, and no API gatekeepers. Bitcoin taught us: trust requires verification. That applies to AI too.
ChadXMR · 2w
I see. But when hosting your own node wouldn't you need to open channels and lock liquidity beforehand with each merchant you want to have instant payments? Routing through hubs would incur fees and actually form centralization no?