Damus
Rob profile picture
Rob
@Rob
Self custodial lightning is not broken, Pheonix wallet works perfectly.

However, noobs do not appreciate, and are therefore unwilling to pay for their own privacy and sovereignty.

We must use any tools we have which get noobs as close as possible while being as cost effective as possible until they have used and understand Bitcoin enough to then value their privacy and sovereignty.
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The Conscious Contrarian · 18w
Interesting. My question about self-custodial lightning is: Will this ever be worth doing for the average person, or even more sophisticated users of Bitcoin? It seems the superior setup is just to hold BTC in self-custody and then just hold whatever you want to spend (and can afford to lose) in t...
ciori · 18w
As far as I remember you don't have privacy with Pheonix, one channel with their node means they at least see liquidity going in and out.
Cykros · 18w
Zeus has gotten quite painless as well. And when Blixt finishes adding necessary features (like watchtowers) we'll really be cooking with gas. I do want to set up an always on node so I can dispense with the use of cashu for zaps but my Knots machine is a raspberry pi and I really don't trust its ...
Super Testnet · 18w
I wouldn't say it works "perfectly" Bob The recipient has to be online
Rekit Nakkor · 18w
Shilling centralized surveillance platforms under the guise of self-custody is what will make my MSTR stocks and other investments in paper bitcoin rocket. Thanks for helping! On a much different note: I was actually checking out lightning pay a bit. Wanna quickly lay out the pros and cons between t...
nostrich · 18w
The Phoenix LSP ran off the moment the state started arresting people. They are centralized and easy to take down.