SELF CUSTODY IS HOW BITCOIN IS DESIGNED TO BE USED!
You currently manage a routing number, bank account number, multiple pins/passwords, a social security number, phone number, address, mothers maiden name, etc to ask permission to have access to your own money for a fee.
The lady from bank once asked me what I am going to do with the money I am transferring. First I thought she was hitting on me π what a stupid thing to ask otherwise.
Self custody is the way π€
In Australia we get that for larger withdrawals, they will not give you the money unless you tell them so they can inform the government. I always reply just testing the banks liquidity.
Here is states I read a story about a small business owner. The guy transfers money multiple times in a row just below the warning limit $10k. It triggers structuring alert. They put the burden on him to prove that he was not a terrorist. He ended up paying some significant portion to a lawyer to prove that he was not playing the system.
its fucking outrageous. I am so tired of it, just wish everyone would get on board already and hop over to the bitcoin standard
I also seen bidens new plan for budget, what a joke, says he is going to reduce debt by three trillion over 10 yrs but thats by increasing taxes not cutting spending. ( even if he gets that thru, 3 trillion over 10 years is not even a drop in the bucket) Dude thats not fixing anything, thats just kicking can down the road as usual. These assholes the world over have no care about what is right just their next four years.
Right there with you my friend how does this fix anything by rising taxes itβs the only play they know since they have perverted our economy with hand shake deals made law itβs all a joke the more you know the more WTF repeats in your headβ¦
Unfortunately most Americans are not aware of how bad it can get. In 1960s the income tax was 91%. They did it before. they can and will do it again with this much government spending!
how do we get the Normis to understand what is happening, fiscally the wider population globally seems clueless
This is the worst administrationβ¦geez, their spending plans and habits are off the chartsβ¦insane.
Good, when self-hosted lightning address? π€
It is already available.
Just bring together the following on an old PC/raspberry pi:
Umbrel lnd + bluewallet hub + bluewallet
I donβt think blue wallet provides an lightning address tho :)
π―
Wen selfhosted lnurl.
Or like in my case, I got a check, but I don't yet have a SSN, and they had blocked the check to only be taken out as a deposit, not cash, and it was a hassle to get access to the money.
But with bitcoin, I got a wallet and was able to recieve zaps immediately, without giving ANY personal information. I LOVE the ease and actual OWNERSHIP of bitcoin!
