Global Feed Post Login
Replying to Avatar plebeian

Lightning will not scale #Bitcoin in self custodial way. That’s because self custodial Lightning is too complicated and complex for regular pleb. We cannot expect from everyone to have and use lightning node - it’s just too much hassle and that is ok.

We are still early, and it is still possible to secure sovereignty by owning Bitcoin UTXO which will surely change in the future.

That’s why I find wallets like Aqua that offer middle ground between self custody and usability very good solution in this part of the adoption process and having small amounts of spendable bitcoin in custodial wallets is OK.

Accumulate sats in custodial wallet like Wallet of Satoshi or Liquid sats in Aqua wallet and when you reach a threshold, just swap sats for UTXO and be self sovereign

Avatar
Prem 1y ago

I do agree that in its current state full custodial lightning has a far too high technical barrier to entry.

Your plan works but only for receiving. What if you are a spender of SATs too?

Reply to this note

Please Login to reply.

Discussion

Avatar
plebeian 1y ago

Easy - I spend from custodial wallets where I accumulate

Thread collapsed