It's for corpos to make money routing Bitcoin payments for plebs.
Discussion
Makes quite a bit of sense for lots of transactions, I could see it being worth it for a business to run a node, if they handled anything close to retail level transactions, We run one, but AlbyHub takes care of most of the complexity by relying on their servers, and their liquidity loans I believe. I know we didn't have to do any looping or liquidity loans so that tells me they are doing something on our behalf.
I don't really have a better solution. The UX is just shit for me half the time. I'm sure it all would be better if it could be. I'm skeptical of broad adoption though. At least for any stack that isnt completely controlled.
Same here, and I think most bitcoiners not drinking the cope agree it's not good unless you have a ton of time, patience, and a few m sats (which could be like $2000-5000 now) just as a minimum.
I suppose the amount of sats for self-custody would be fine for many (not overall but I'm willing to excuse it for now). It's all the other bullshit that disinterests me. I spend more time troubleshooting the thing than using it. I guess I just don't see the point of it all if we centralize everything all over again. And that's the only way I see most people using most of this stuff as it is.
Yeah but it's tied up in LN, so it's only useful in LN, which is great, but on-chain is more widly accepted than LN at the momet. It's just limiting, and yes I know of services that allow for easy LN to-fiat, but its not as easy as sending on-chain.
I'm not opposed to that necessarily.