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Replying to Avatar jb55

People who want to sovereignty on lightning can run their own node. At the end of the day this is all that matters, and what lightning achieves. I run my own node, zap out of it, run my business out of it. It is working as intended.

If people choose custodial solutions that’s on them. I use custodial wallets alongside my node. The other day I just moved some of my node’s sats into wallet of satoshi to pay for something because my direct-to-cln wallet wasn’t installed at the time. It’s a flexible systems that enables lots of different use cases at different levels of custodianship.

The reason I prefer lightning over things like liquid, etc is that at the end of the day it has a feature called unilateral exits, which always allows you go to back on chain. The FUD around how lightning centralizes bitcoin is bizarre to me, it’s just a tool for setting up onchain bitcoin to be utilized more efficiently and with lower fees.

You can always recover base-layer decentralization via unilateral or cooperative exits if you need it, so the FUD is nonsense.

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iru@localhot $_ 1y ago

Can confirm. Fucked up too many times but was saved by LND channel backups.

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iru@localhot $_ 1y ago

Just don’t try to be fancy and snapshot backup the whole database. It’s how you get screwed.

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