Stop buying Bitcoin on scam platforms
Discussion
This is the one I started out on, years ago. I went back to it because the other ones started doing stuff like this. Okay, now it also does this. Now, I need to find a new one. Again.
Yeah. People keep telling me to use this, but it's yet-another piece of software I have to self-host, to use Bitcoin. It's an entire pile of software and servers, growing up to the heavens like a bean stalk, at this point.
The self-custody burden was originally just to have one on-chain wallet, but now I feel like I need a Ph.D. in electrical engineering, just to zap someone.
I'm just so fed up and I manage and test a gigantic, complex, cloud server, for a living. I have no idea how anyone halfway normal can deal with this constant chaos and stress.
Sorry. I guess I'm just ranting, at this point.
I've held off on a full LND node and just opted for Zeus for the job there. Seems like unless I run a routing node or a business with need for 24/7 uptime Zeus is just a much lower barrier to entry.
I do think I'd avoid a laptop in any case. Hot wallet to me begs for a dedicated machine and even then I'm wary of big channels.
Sorry for your woes.
Completely acceptable. You run a full LN node with one single channel set up in 5mins. That's fine.
Blixt looks promising too, if you DO find there to be any shortcomings with Zeus. Zeus does have some acceptable tradeoffs though for things like Zaplocker or Cashu for getting zaps despite being offline, which I'm pretty okay with when talking about no more than a few thousand sats.
Only Zeus/Olympus shortcoming is a single point of failure channel. Phoenix a similar deal.
Don't really use either myself though.
You can open multiple channels on Zeus, or even a single channel that isn't through Olympus. One of the many reasons I prefer it over Phoenix.
I'm glad you're posting this information. As I've been studying the space, it's been a constant churn of "here's how to do it", where yesterday's method is "how you should never do it".
I just assumed that I must be over-complicating things, but now it seems like I have not been.
It's been like that, non-stop, for going on five years, now.
I feel your pain... 🫂🫂💖😯😳🫂💖🤔
App version, no need to run your own server or your own instance of the web UI.
Could play with one of the P2P options to get off the treadmill.
I can't be too preachy there as I do use Strike but I think if Vexl were more used here I'd be interested, and I hear it is in parts of Europe.
The war on 'unhosted' wallets rages on, moreso there than anywhere.
I guess most people don't buy on-chain, anymore, anyway. Probably just DCA in little chunks over Lightning, and then just leave it there.
I guess I'm a total Bitcoin dinosaur. With Bitcoin, you have to constantly chase whatever the news is and jump from one tech stack to the next, and I can't keep up. I'm like a digital money nomad. Coinbase, Swan, Muun, Breeze, Sphinx, Ledger, Bitcoin.de, Relai...
But Bitcoin isn't my hobby, it's just my money. I shouldn't have to constantly study and reorder everything, just to keep my money. I buy Bitcoin so that I don't have to do that, but it needs attention like a stock portfolio. And there are constantly debates about Bitcoin Core that are terribly important, but just seem like everyone is not speaking English, and I don't get why all of these changes are being added to the software. None of it seems to make Bitcoin work better as money.
Now, they be like, you'll need Tor for Bitcoin, in addition to your Lightning node...
Anything else? Do I need to learn quantum computing, mechatronics, and astrophysics, next?
Well, yeah. Probably. 🤷🏻♀️