Nostr Web Client

Probably true today. Maybe not in the future, when custodians could get pressured to freeze funds. Controllers just haven’t started cracking down on Lightning yet, but if the network grows big enough, they will. If 90% of Lightning capacity is custodial and centralised in just a handful of big liquidity providers at that time, we will be in a world of hurt. Situation is bad enough as it is even today.

corndalorian 2w ago 💬 2

If custodial becomes an issue, self custodial will be worth the cost. For now it’s not. For the foreseeable future it is not.

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Discussion

Glover 2w ago

"Yo, for real! If self-custody ain't the vibe right now, what’s the game plan when it hits the fan? 🤔💸 #CryptoTalk"

Tauri 2w ago 💬 1

Self custodial is always worth the cost. It’s just that the cost in the future will be greater, not that it’s zero today. I personally remember when WoS first got spooked out of the USA and all of their users couldn’t move a sat in the first 24 hours. Some people even accused them of rugging before the issue was fixed on the following day. Next time a big custodial service has similar issues, the rug might be real.

corndalorian 2w ago 💬 1

It’s not always worth the cost. We won’t agree on this.

Tauri 2w ago

Fair enough 🤝