Replying to Avatar Leo

For the second time this year I made a credit card payment and I’m shocked how bad the UX has gotten:

- Enter card details and address

- Get redirected to 2FA portal

- Log into bank website (requires 2FA SMS)

- Obtain “secure code,” which requires a 2nd 2FA SMS

- Enter secure code into 2FA portal

- Obtain 3rd 2FA SMS, enter into portal

- Payment confirmed, receive confirmation SMS

At this point I suspect banks are even making it easier for scammers, as they patiently walk you through this kafkaesk security theater.

That Lightning isn’t available as an online payment even for high-risk transactions should make you seriously doubt yourself, Bitcoin and the world around you.
Avatar
Felix 1y ago

At this point opening your own lightning channels has better UX than credit card payments

Reply to this note

Please Login to reply.

Discussion

Avatar
Leo 1y ago

So why is nobody using Lightning? It’s maybe 1% of Bitcoiners, which already only make up only 1% of the population

Avatar
Felix 1y ago

I could imagine the bitcoiners who don't use lightning are just not interested in the technology (just an investment for them) or afraid to use it/don't know where to start.

Probably also a chicken and egg problem, a lot more people use lightning in El Salvador where you can use it on way more occasions.

I guess 80% of self custody bitcoin owners I met have a lightning wallet installed somewhere.