Orange pilling a friend I helped them set up a lightning wallet to receive a few sats to play with. Next thing they are trying to send the sats to revolut. He said I was crazy when I said the whole point is to at least control your own wallet, if not be your own bank. To my horror they think it is illegal not to use a bank for handling money! How can you declare anything to irs if the funds aren't in a bank?! Madness. LIke, I cant declare the current value of my house because it is not in a bank?

Also they were incredulous when I suggested that to protect their privacy they should only give an alias/anon email address, not sign in with Google... ngmi,

Adoption has a long long way to go, because these guys are closer to young hippy than mainstream boomer.

Reply to this note

Please Login to reply.

Discussion

Banks were the first Internet for money, you could deposit money in one location, travel to another location and withdraw your money there.