I feel that about Lightning... Without Fishcake, I would still be scrambling for a channel. It feels very VIPish - you have to be invited, or have invested, to participate. And, this is my only channel - so unless I satisfy that by the generousity of others, I can not zap anyone, since it is entirely outbound.

I feel like those fanboys forgot where they started a long time ago. Everyone has to start somewhere and shaming them for it is a big mistake, leads to rejection and can even turn into something worse. I'd rather have experimented with something and gotten experience with it than just pretending to sit on a high throne but leaving my sats to WoS/Alby. xD This's actually my favorite thing to do: Find a maxi, and check their LN Adress. All their big talk falls flat when you realize that they put their supposed-to-be decentralized currency into the hands of a centralized entity. Laughable. ^^'

I really wish some of those idiots would understand that not everyone was born with money to burn. I only have my resources because the state literally supports me due to my visual impairment. If I hadn't had it, I would be pretty boned.

So yeah, you might not make friends with most due to your opinion - but I get it, and I share it too. Except for the knowledge about other chains and stuff, got some ways to go there. x) I want to try out Monero at some point but for now, I am quite happy with the fact I have a stable Bitcoin/Lightning stack. Phew... Took forever, cost me some nerves and loads of brainpower. Sadly I can't meassure that in PoW xD

The reason why I resorted to Alby in the end, was because the whole Lightning on self-custodial premises was too much of a jump, just to Zap on Nostr. I didn't wanna go all in, just to have payments, which don't take forever. I saw Edward with Alby, so I thought it shouldn't be too bad for a couple of cents.

Additionally, self-created channels didn't seem to work & I didn't wanna waste money, even if it's low amounts, just to test whether it works & afterwards still now know, whether it actually works in real life with strangers.

Just look at your Lightning journey you shared here. You already had enough trouble too, because you wanted to do it the right way.

I don't wanna waste days of time, just to set up a Lightning wallet, which is technically not even the real deal, as long as it's only the second layer on top of the actual Blockchain.

I'm pretty sure, as long as Lightning is self-custodialy as difficult to setup as now, nobody should complain about Alby or some other service because for most non-techies this is the only possibility to actually use the Lightning layer, at all.

The self-custodial setup is too time-consuming for people like me, who are versed in tech but new to the Bitcoin eco-system & I think almost impossible for any non-tech person, except their hands are held by a Bitcoin Pro the entire journey from having nothing to having a channel, etc.

Reply to this note

Please Login to reply.

Discussion

So true. My new job starts in a month and I have been jobless since 2019 - so, a whole lot of free time to do whatever x). Thus I had the time to dig down - and honestly, I am not sure to regret it or not. But it works and I am happy that it does and fully understand why people would use Alby or WoS - the only people I would genuely laugh at are those that claim Bitcoin is freedom because it's centralized but park their sats in a custodial wallet, going against exactly what they said. That is where I derive a giggle from. ^^

I hope that Lightning is just "a first step" towards a micro-payment system that is easier to set up, possible to be self-custodial and friendly towards newcommers. Because right now, while it does work, it has... problems. As you rightfuly pointed out, I shared a good amount of aspects of that in my journey here.

Kinda funny. While writing this, I had to think of arguments going on in the Genshin Impact community, where people spending money were constantly arguing with people just playing. The gist of it, that both invested something: The paying ones invested money to get to the goal, whilst the others invested time. Both have their worth, and while the approach is different, the result is basically the same.

Why this thought-jump? Well, I went the self-custodial route, investing my time to be able to be zapped and vice versa, whilst someone who doesn't have the time, may just invest a little money into a custodial solution like WoS or Alby to reach effectively the same result.

You guys nailed it.

LN, at least as it currently stands, is a UX nightmare if you want to be non custodial and trustless. And it seems the problem is impossible to get around because of it's L2 nature.

WoS defeats the point of Bitcoin "... the main benefits are lost if a trusted third party is still required..."

The closest u can get to having good UX and still being non custodial is Phoenix, but that has trust trade offs since you aren't running your own node.