Damus
Open in Damus

Recent Notes

Fanis profile picture
And don't get me started on copyright laws: I'm *enraged* that Aaron Swartz died for freeing research articles, when those companies broke the lock and put their own in its stead, and nobody bat an eye.
Fanis profile picture
Breaking: company that trained their models on petabytes of illegally-obtained data pinky swear not to use your data if you subscribe to the paid tier.
Fanis profile picture
Hey, that's awesome and great news! Does Machankura act as an LSP, or is an external LSP used? And is the goal to offer a "gradual wallet" experience (users would start with a "legacy" phone-linked Machankura account and then move to self-custody when reaching a certain amount), or is it more to offer self-custody from the start to users equipped with smartphones?
Fanis profile picture
Agreed, that's why Phoenix tries to abstract pretty much everything away from the user. Maybe they could abstract even more things, but then since it's self custody there are things you **have** to tell the user. And when you charge them fees, users **want** to know how much and why. Seems to me that's the only two things Phoenix still explains in its interface.
Fanis profile picture
Honestly I don't get why we get into convoluted trusted solutions (trust the statechain entity bro, trust the federation bro) when Phoenix exists.
People will freak out at the onboarding fee without realizing how cheap it is compared to the cost of DIY (I'm talking "mental cost"). IMHO there are 3 factors that can explain this:

- people don't understand how LN works and are afraid of using Phoenix (vs custodial solutions)
- people don't care about self-custody
- people don't use Bitcoin as payment enough to see the point of Phoenix.