Hong Kong based nostr:npub1pzerv8rqqvhk82y85axa3t3yxr8rdqnea03zlmk5crsne509esqqw0x463 is an underrated bitcoin custodial wallet!

Playing with it now:

Nostr integration, multiple accounts/lighting addresses, web dashboard, personalized pages, POS tools, 2FA, donation pages and more

Here's a donation/payment page example:

https://lapp.lifpay.me/en/checkout/ff65c3ec-7f07-4e97-ac67-3079b61beb9a/

nostr:npub1pzerv8rqqvhk82y85axa3t3yxr8rdqnea03zlmk5crsne509esqqw0x463 these need improvements:

-texts on your website were written by a native Chinese speaking person and it shows :)

-also saw some spelling mistakes

-no info about team, no about page, no news/blog page

-account switching on app has some bugs, sometimes it lags and blends accounts info:

Lifpay is official lightning wallet for Indonesia Bitcoin Conference:

nostr:nevent1qqszj3gphvmpfh6achvtwwwjq2j6cacctlpvpkdp2fwsmg36590zygsppamhxue69uhkummnw3ezumt0d5pzqz9jxcwxqqe0vw5g0f6dmzhzgvxwx6p8n6lz9lhdfs8p8ng7tnqqqvzqqqqqqy5t4vtl

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Discussion

You know that Hong Kong is taken over by the chinese? A custodial solution is not a solution there.

Not really a difference if it's custodial in Bahamas, Hong Kong or North Korea is it?

Why not.

Kinda dumb q

I just ask you to elaborate yourself.

I thought it's a joke :). So you trust more WoS let's say because they're based in Australia?

You know that legal orders from mainland china are really really entangled with force?

But I was already wondering if you were hacked

a lot more money gets spent on internet censorship in china and north korea and usa than, for example, bulgaria or nigeria.

the whole existence of "tax havens" precisely relates to banks, who custody money in accounts, not having to let the government know the comings and goings. non-tax havens the government arrogates the right to inspect on demand, or even routinely report everything to some bureau.

This post is not about internet censorship or about tax heavens, it's about custodial bitcoin wallets.

Custodial wallets meaning it's not really your bitcoin. Custodial wallets have two big risks, getting frozen by authorities if they can link it to your id, and getting rugged by developers. Both can happen in any country a business is based.

well, the difference is that the government's policy can make it more likely to be seized by law rather than greed.

which is more likely to actually happen? assuming the business is already taking a cut and accounts that in their business plan as being sufficient for operations.

a few bad operators in a company, a bad company, or a already well known bad government?

i'd rather take a risk on a few bad operators.

i'd rather not take a risk at all, beyond that, but if it's trivial/testing then it doesn't matter so much.

if i was running a business, i'd be self custody all the way for the business. this is one of the benefits of bitcoin, no bank trusting required. only the risk of bad devs/techs/administrators

More likely to happen in the custodial crypto biz is a rug as past years have shown.

Anyways... custodial lightning wallets are here, people use them. I get it why, they're convenient.

I tried this one and i think it's pretty well made. That's the post.

Ah okay

Which is why I dont have zaps