Replying to Avatar Toshi

I don’t think that’s his point though (or maybe I miss understood him).

Self custody could scale. It’s a question of education and willingness of the people and maybe improvements on the LN layer, but not a change of Bitcoin itself. Also I don’t think it’s so difficult to hold your own keys of a Ln wallet like Muun, Breez or Phoenix. They are all self custodial LN wallets. Even if you back-up your keys of those wallets in the cloud it is technically self custodial, even if it’s not smart.

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Michael Matulef 2y ago

"Bitcoin has literally 0% chance of scaling globally in a *self sovereign* way without making script much more flexible."

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Toshi 2y ago

Having a self custodial Lightning wallet is self sovereign. Don’t you think so?

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Michael Matulef 2y ago

Does that ability scale to 8 billion users?

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Toshi 2y ago

Most likely

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