Replying to Avatar Guy Swann

I’ve always said Liquid was underrated and was eventually going to have its day. I’ve had a chunk of LBTC for like 3 years that I’ve not gotten to do anything with 😆

The real shift happens when I have an ecash wallet and a Liquid wallet that pay Lightning invoices instantly a natively. With Greenlight, SDK, + Liquid, Breez could be an LSP bridge between Liquid and Lightning built right into a wallet without having any custody.

Big opportunity to dominate that area, imo. nostr:note12l0hpryndxk4xl6zc0ken6u4jg8ewrj4yekd95yw2vsnq89w2k7qdkewch
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OceanSlim 2y ago

Liquid is far easier and cheaper to self custody.

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Guy Swann 2y ago

Eh, sort of. It’s only pseudo self custody in a way. But it is easier to operate, but certainly isn’t the same in regard to user control. Don’t want to sell it as something it isn’t.

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Gildong.Hong 2y ago

Not pseudo self custody. Just IOU.

nostr:note1x04dmvwsw7mua4dnrdwqhkhvay9mj7uj3vm5zn57fredxjqza5rq6tswjk

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Guy Swann 2y ago

It’s in the sense that you hold your own keys that are not identity based, but as I said in like 3 other comments, I agree, it is an IOU.

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Gildong.Hong 2y ago

(X) Bitcoin pseudo self custody

(O) Bitcoin IOU self custody

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Guy Swann 2y ago

Have a god day dude. If you actually care to learn about the trade offs and how I think about it I’ve covered it a bunch on Bitcoin Audible.

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Gildong.Hong 2y ago

That tradeoffs will repeat the history. I don't want to see that.