>psa: 🫡🏻 stop using closed-source custodial lighning wallets like wallet of satoshi. it's no bueno 🚫

πŸ‘† This part, this is what I take issue with.

This is you being a bitcoin commissar, trying to ensure piety from others in how they use *their* money.

We’ve got about 8 Billion people to onboard, commissars telling people β€œthey’re doing it wrong” are doing the opposite of helping.

There are people on nostr who a month ago didn’t know what Bitcoin was but thanks to WoS onboarding and actual helpful Bitcoiners, not commissars, are now moving buying in and even looking at putting their retirement money in to Bitcoin.

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that is your opinion. it seems you are projecting what you think gets people onboard and what deters them. you do you with your posts. all good.

i am not speaking to beginners. i am speaking to those who have already started and are ready to make more secure or larger investments. wos is good for beginners, but custodial wallets (especially closed source ones), like keeping money in exchanges is not good practice.

newbies will have to learn this early on. it's best practices, period.

How is #[3]​ without using your own node any less custodial than #[8]​ ?

good question! you can use LNC to make it non custodial πŸ€™πŸ»βš‘

Who can, newbs?

no wos is great for newbs, just like exchanges

So why not just tell people about how to self-custody their sats on-chain to start, and only keep a small amount on custodial wallets?

If I’m at a bar and I want to pay the bartender in sats, I will say to them: Just download this app, and in two minutes, you will have a wallet​ set up where you can receive bitcoin.

I am not going to tell them to buy $500 worth of hardware, wait days for it to arrive, watch some YouTube videos to learn how to build a node, install and configure a bunch of open source software, wait a week or more to sync the entire blockchain, buy $1000 worth of bitcoin and deposit it on their core wallet, then join a bunch of Telegram groups to find random strangers to open channels with, then download an app on their phone to connect to their node, then sign up for another service to give them a Lightning Address just so I can send them 5000 sats.

i hear ya. but this post isn't a post to onboard people. that person projected their context onto my post. this post is for those who after too many months still have their btc in exchanges and are still using custodial wallets.

i might create a newbie guide or post some things to help people get started, but this one is for intermediate nostriches. make sense?

Yes, and if you want to collaborate let me know. I’m doing a similar post for my next Bitcoin for Bunnies πŸ°πŸ•³οΈ op-ed for #[8]​ πŸ₯•

sweet. dm me the deets πŸ€™πŸ»πŸ’œ

newbs won't be any worse off using get alby + zeus over wos w/o LNC , but they will be more secure

You already lost them at having them need to connect two different things together.

Investments πŸ˜‚. When every cent of profit comes out the pocket of a fellow "investor" and nowhere else it's called a fixed pie gambling pool, darling.

i don't respond to condescending terms of endearment, sweetie pumpkin

Must be glad I offered you that out, then. Buttcoiners don't respond to anything of substance.

#[2] You did in fact respond. You just skipped the point I made about every bit of "ROI" coming out the pockets of the people you're thus motivated to onboard.

Happy gamblin', hope you don't bankrupt too many more retirees.

The gains might be high now as it's being adopted, but one day the number of people and the amount of wealth they are saving in it will reach equilibrium. However, Bitcoin is valuable even if it only preserves your purchasing power. It doesn't rely on losses from other investors, but in the ability to escape inflation, depreciation and some taxes like property tax.

https://saylortracker.com is down huge.

https://nayibtracker.com is down huge.

Buttcoiners still celebrate people "putting their retirement money" into their fixed pie gambling pool.

You believe Aunt Suzie is gonna outperform Bukele and Saylor, or you just a degenerate gambler who will is happy as long as she's pumping your bags?

You're making a fool of yourself in public, Lysander.

A fool just throws insults instead of addressing arguments, as we see here.