You lose the core benefits of bitcoin when a trusted third party is involved, whether you are buying, HODLing, or using it.
Trust the code, not the intermediaries.
Discussion
A very difficult concept for many.
So difficult. But on both sides of the polarity.
Trust is still a valid tradeoff in many circumstances.
The revolutionn is not that we MUST eliminate trust in our uses of bitcoin, but that we CAN.
I think of Hal Finney's very early "bitcoin banks" post on BCT.
This is dishonest. We don't need dishonest arguments to win.
Yeah, he is talking about the double spending problem.
Seems like you are a fan of custodial lightning wallets like primal...
There's a difference between using a custodial wallet to send and recieve sats vs. using a custodial service for on chain bitcoin.
Running a lightning node has a much higher risk of loss than using a cuatodial lightning wallet.
You lose the core benefits of bitcoin when a trusted third party is involved, whether you are buying, HODLing, or using it.
Trust the code, not the intermediaries.
Bitcoin is trust minimized, not completely trustless, but that is the idea 🤝
This is my favorite part of the white paper including, "to prevent double spending."
That's the PROBLEM bitcoin solves. Bitcoin ETF's don't solve it. MSTR doesn't solve it. #Bitcoin solves it. There is no second best.
Like lightening network?