None of those sound like good options.

open source and verified is the only chance we have. otherwise not if but when somebody steals ur SATs.

Using computer versions for ordinals showed me how much of a barrier to entry there is when it comes to easy adoption by the public. Wos offers an easy entry but does not offer self custody (based on what I’ve seen so far with zaps). Is there any known way for normies to get into this without having to sacrifice their sovereignty? It seems like a skill tree that needs to be experienced to understand and avoid becoming prey to the sophisticated users with ill intent.

Sooner or later we will find the answer

What solution/ alternative do you recommend?

What's a good alternative?

Thankful for Mutiny 🙏 working on getting mine setup today. Thank you Odell for always being the voice of reason

what would you suggest to someone with it?

contact them and ask to be removed from their servers? or has the damage been done?

they earn a shitload on routing fees. I think a good solution for now is that realiable noderunners onboard their family to lightning through their own node and be their custodian.

All those on the fly non custodial lightning providers charge / have to charge a lot for hosting/opening a channel due to fees right now.

Noobs, if you are using wos, move to nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg

Its effortless.

Really impressed with it so far. Hopefully, wos users can afford LSP channel open fees.

Never put more in WoS than you would in your real wallet/purse when going out for a drink.

everyone should ONLY keep ***"whatever they can afford to lose"*** in non-custodial wallet - same is valid point for people in or outside nostr

if anyone getting 100K zaps per day average need to really think custodial node.

non-tech users getting too much ZAPs just move it mainnet or other custodial wallet

👀

and now they're supercharging adoption with 1 yr of referral revshare just adding more fuel for that fateful day of ruggening.

Yep!

If they rug, we will bring back the guillotine.

Zapping you from my WoS 🙈😂🤣

Seriously though, 2023 has been the year of learning for me, from getting clued up on btc, Nostr, setting up a business, learning heaps of new tech... When I set up wos I didn't want to but I did it, as a temporary solution, bc I had info overload and everyone kept saying "just do WoS, it's simple". I wasn't comfortable with it but did it bc it was a no-brainer. I knew I was going for convenience and would end up having to revisit. I don't keep much on it though, just enough for zaps on Nostr.

rug seems unlikely, i only use it cos i only have pocket change in it, i'd say this is common, they charge like wounded bulls on submarine swaps out - last time i used this i was stung 14000 sats, literally couldn't do it, just zapped it into my xapo and that was that.

shotgun kyc, idk, they'd probably lose too many customers, and honeypot, well, jesus i'm just setting up a mysql container inside a VM on my machine just now and fastly.com IP address appears in the netstat. no idea - maybe mysql dialing home to do telemetry?

point being that you wouldn't believe how much telemetry is going on everywhere. arch linux pacman dials home by default, for example. i'm seriously gonna migrate my whole stack to freebsd in the near future and lock down the firewall hard and keep track of every incursion ip address and start looking into who these people are.

WoS should be considered to have comparable security to the mesh pockets in the waistband of bathing suits.

Could the $5 bill I put in there get swept out to sea? Yes. But I might want a sno-cone, and taking the risk is worth it.

Knowing the risk is indeed important.

What’s a secure non-custodial Lightning option?

Not gonna lie, I never liked the name "Wallet of Satoshi". Something about it sounds self-important and sus af

Money shouldn't be controlled by a group of people nor should our wallets.

I would connect something else if I knew how.

Is it an issue if you only use it for tiny amounts ? I never have more than 20 or 30$ in my WOS

Unpopular opinion here, but are their claims of making money through fees on on-chain transactions that far fetched?

Delete WoF.

And let’s not overlook the fourth option, the pièce de résistance – it might just blossom into a unicorn, proving cynics wrong by sheer, improbable magic! 😆

With options like these, who needs a lottery ticket?

I’ll take “rug” for 1000, Alex

Always prioritize self-custody solution.

What do you recommend? Mash ok? Breez? Blixt?

nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq is there a fourth possible scenario here and are you permitted to tell us?

I get that and I agree with that.

What's the easiest, friendliest non custodial lightning solution around?

nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxfqvzqqqqqqya0vgx6

My guess was that it is run by a chain analysis company.

The one i believe you’re missing is the obvious one which is that WoS is run by a OG bitcoiner seeking to make Lightning accessible with the simplest wallet UI/UX .. which they’ve nailed

I’m not downplaying the tradeoffs here but pushing back on the malevolent actor BS

CAPS is bringing the fire today!

🤔

Pain is the best teacher but also I do appreciate Wallet Of Satoshi as a pocket cash type lightning wallet great for zapping around small amounts or for merchants in my area who want sats for coffee/ food

scary

So should we remove it ? What do you advice ?

I put my sats out of WOS when I read something similar 👀

There are so many good alternatives to full-custodial WoS now for those who don't want to manage their own node. For one there's nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg and nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 is coming out with their node-in-your-phone implementation imminently.

nostr:note126egz0ay4yzgskx23a886cf3d2ay6j3c7fx24hwegssapc57cf8qkqjzxy

REMINDER :

nostr:note126egz0ay4yzgskx23a886cf3d2ay6j3c7fx24hwegssapc57cf8qkqjzxy

I don't think so. All of us are building on top of Bitcoin. It is good for the space, for the Internet Money, specially on the early stage.

What LN wallet provider seems to provide 99.9% uptime and prove that LN is actually feasible for Bitcoin? Because nothing else seems to give me an experience that simply "works". Through zapathons especially...

#asknostr What’s the best way to send MAX amount from Wallet of Satoshi? I’m often going back and forth trying to work around this error.

https://nostrcheck.me/media/public/3d84c591cd4d2f95289af8144803347319cbaf269973eb1d26e125a9f06932a5.webp

nostr:note126egz0ay4yzgskx23a886cf3d2ay6j3c7fx24hwegssapc57cf8qkqjzxy

Australia has become a testing ground for surveillance tech- that often gets exported to the west. See the recent introduction of the digital id- for verifying your identity online.

Now do half the Nostr clients...

nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynspzpmhxue69uhkummnw3ezuamfdejsygqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveypsgqqqqqqsaz6f38

Only way to get rid of this suspicion is hosting LN server on our own. Any app can have backdoors. Bitcoin teached us to trust no one and be your own bank. Maybe we can't completely switch to self hosted wallets but at least everybody can store big chunk of Bitcoin in their cold wallet/paper wallet and use LN wallets as a tipping/daily using money source. For me, 50$ is enough portion to keep in LN wallet.

I wish there was app that was self custodial that could recieve bitcoin even if my phone is OFF

Hi! What mobile wallet do you or anybody recommend?

nostr:npub19x0h8jm3mnwzhv4tpq62zta05er0qlyge73m0pwsp7h666khkd9qev2ree

This reminds me of those baptist street preachers that hold up signs saying your going to hell but don't tell you how to get to heaven.

Calling out custodial wallets is step 1, but now you've used your influence to all but make yourself responsible for step 2, giving people the means to smoothly move from egypt to the promise land.

nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynsppemhxue69uhkummn9ekx7mp0qgsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgrqsqqqqqpaam87f

TBH I’ve been feeling this for a few years now. I don’t have much on it as it’s just one of the wallets I use when showing friends how easy things are, but yeah this thought has been in the back of my mind for some time now.

Why not all three?

Way too many people using closed source apps with permissions to almost anything.

Better UX around foss apps is desperately needed to raise the average user's opsec. I'm working on it

nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynspzemhxue69uhkummnw3ezumtfd3hh2tnvdakz7qghwaehxw309ae8xumvv9ujumn0wd68ytnwv46z7qgmwaehxw309aex2mrp0yhxummnw3exjcmgv4ejummjvuhsz9rhwden5te0wfjkcctev93xcefwdaexwtcpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq3xamnwvaz7tm0venxx6rpd9hzuur4vghszxthwden5te0wajkccm0d4jjumn0wd68ytnhd9hx2tcpz9mhxue69uhkummnw3ezuamfdejj7qgmwaehxw309aex2mrp0yhxummnw3e8qmr9vfejucm0d5hsz8rhwden5te0wfjkccte9e3xjarrda5kuurpwf4jucm0d5hs0kyl28

Which wallet to use if not WoS?

GE

What are your thoughts on Muun?

Which is why I only keep <$100 on it. It trumps all others for speed and convenience. But like much of the internet, all that functionality comes at the expense of privacy and security.

PSA: these are also the only possible scenarios for a fedimint

We need dynamic, annonymous, sybill resistant, and incentive aligned custodian federations ASAP.

I use it for small amounts as part of getting in the habit of using sats. I think that has some merit as a bridge or learning step.

"Could “they” nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq be OG stand up, making a good profit from a good product/service?"

Yes, they could, but surely that would not be the warning. Every scam could be stand up, right?

#Bitcoin #LightningNetwork $comment nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynsprpmhxue69uhhyetvv9ujumn0wd68ytnrdakjuct4qgsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgrqsqqqqqpcdzy88

It's fine fore small amounts. Don't worry, be happy!

Fuck! How did it get this wide currency!!!

Never trust a custodian. Fuck wallet of Satoshi. Its depressing how many "Bitcoiners" use it and Justify it with bullshit statements like "Oh I'm only keeping pocket change in there, it doesn't matter."

Never trust a custodian. Fuck Wallet of Satoshi.

nostr:nevent1qqs9dv5p87j2jpygtr9g7nnavyck4wjdfgu0yn92mhv5ggwsu20vynsprdmhxue69uhhyetvv9ujummjv9hxwetsd9kxctnyv4mz7q3qqny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysxpqqqqqqzt5rfhw

⚡️🙌

What's everyone using then?

Two questions, do they make any money from transaction fees? On IOS what do you recommend to replace it. I’ve seen Zeus and Phoenix to be decent?

⚡️🙌

Because of you I went to Phoenix 🫡

Mate, this is bullshit..

nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq have done more for onboarding than anyone.

Yes, everyone should run a node, have a hardware wallet and eventually open their own ⚡ channels.. that doesn't happen overnight though.

Then what role does Nostr play in this? And lightning & zaps?

The only reason many, a huge majority, of people even knew about WoS was because of Nostr & ease of zaps etc. Lightning is just not user friendly and they made it EXTREMELY simple.