Replying to Avatar John Christensen

It’s clear to me that Bitcoin payments just aren’t ready yet. I keep trying it, thinking “hey, maybe things are better now,” but each time I end up losing money. And I just can’t recommend something that loses money.

This isn’t a comment against Coinos — I know this stuff isn’t easy, and I actually admire that you’re working to bring all the L2s into one place. That’s why I like your platform. But I’ve learned my lesson, and I never keep much in any Bitcoin payment system for exactly this reason. I really hope you get it worked out.

The only Bitcoin L2 that’s never failed me is the Liquid Network. I know it’s centralized among a few companies, but it’s hard to argue with their track record. Green Wallet gets the job done. It’s not super fast, but it’s way faster than L1, and I’ve never lost a sat using Liquid — unlike Lightning and Cashu.

I want this to work desperately. That’s why I keep trying, over and over. But please be careful — I am sure you already have been thinking this but I am going to say it anyway. “trust is hard to gain and easy to lose.” I know I’m saying things you already know, but I just had to get my feelings out.

I believe you are trying to do the right thing. I also know this is probably just a freak accident and it might not even be your fault. I am not mad. I will give you another chance because that is what I would hope for if I was in your shoes.

Keep up the work you are doing and I am praying for your success.
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Deleted Account 7mo ago 💬 1

It is ready, you’re just doing it wrong if you use custodial services. A good setup for example is:

nostr:nprofile1qqs2nsd66pv44e5avmytw4ejy7k7fn8fq7rczrnaexcy8v2y484xjcspzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzamhxue69uhhyetvv9ujuurvv438xarj9e3k7mgndlcrg for lightning payments

nostr:nprofile1qqsvxq03xdev3uxehjqcdkr5lfzl5vawmcf7vm6ps73m6ghwg8y4k2spz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0dehhxarj9eekcmm5dpujuamfdcq9v6rc for on-chain checking account

nostr:nprofile1qqszuwesacyzt8wda6c7rdshl6gv3e7kxf35nld77z7arfeyndweftcppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9u5qwttc Q for on-chain savings account

Everything non custodial. It is not difficult to setup nor secure. But Bitcoin requires patience and dedication.

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John Christensen 7mo ago

I want to clarify what I meant when I said “it’s just not ready.” More accurately, it’s not ready for the mainstream. Most everyday users—“normies”—aren’t ready for Bitcoin payments.

It reminds me of something from about a year ago. I was watching a video from Linus Tech Tips, where Linus and his team took on a “Linux-only challenge.” For a month (or maybe longer), they ditched Windows and tried to use Linux exclusively. At the end, Linus concluded: “Linux is just not ready for the mainstream.”

That comment really annoyed me—because I use Linux every day. But then I realized: I’m a programmer. The way I use my computer is more complex than the average user. What’s easy and intuitive for me just isn’t the same for someone else.

And that’s the core of the issue with Bitcoin. Things need to be stupid simple to work at scale. Like you mentioned, custodial solutions sometimes fail—but setting up self-custody is even harder.

I remember the first time I used an L1 Bitcoin wallet—it felt simple and intuitive. I don’t think it’s hard for everyday people to understand how Bitcoin works after they’ve tried it once or twice.

The real friction comes from L2s. They’re just a bit too complex for the average user to casually figure out. That’s where custodians come in. And honestly, I think they’re doing the best they can—but the tech is still young. There’s no universal playbook for what “doing it right” even looks like yet.

Anyway, thanks again for your thoughtful reply. I appreciate the discussion.