And that's great, but how does limiting user signups encourage self-hosting AND the usage of Alby services?

If people can't sign-up, they'll either look for another LSP, or run a node themselves - Great. But how does that benefit Alby?

I guess my question is, can NWC (the only self-hostable Alby service) be utilised without an Alby account?

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Yes, NWC can be used in Mutiny, Umbrel, soon in other nodes/lsp.