We have various custodians in the Bitcoin ecosystem. Yes, I personally prefer non custodial solutions and will always help someone self custody their funds. But the act of the matter here is that the majority of Nostr users are using Lightning wallets for Zaps on platforms in which they control zero keys. Shitting on a Nostr custodian is a bit hypocritical in comparison when there's a good chance you're using a custodial Lightning wallet. We can be better here.
Discussion
Non custodial nostr is 1000x eaiser than lightning.
Custodial nostr has no point, just use twitter
I do get that. It's not the same comparison. But if we're going to go that route, comparing your bank account to your Twitter profile isn't exactly the same either. The same goes for Bitcoin and Nostr.
Yeah exactly. Which is why I don't see why you would make a custodial version of nostr.
Yes, but even for those running their nodes there's no simple solution yet, lnbits too buggy yet. I miss something inside lnd or CL. Or something that can be setup inside RTL, thunderhub or Zeus.
The irony is thick but I do agree. Myself included we all can do better. As as long as there's enough educational material for people to run into and understand the difference.
I'll continue to educate and push for self custody in practically everything. But i'll try not to shit custodians as much.
Its so hard not to though. Dear lord.
Sats are precious but my custodial wallet always looks like this.. take notes new comers and dont receive on the Strike app as well
I assume most use the custodial sollution as a budget wallet well i am at least and more importantly at any given point you can move to non custodial
For that zbd thing you are semi stuck you cant move out your npub if you build a significant following this is a isseu i think the critique is more than fair
You can't at this time. They said they were going to build an export. Let them do it. It's not even open to the public yet.
Bad take Derek
No client has launched feature complete.
Please let them rug pull my 2000 sats
Then we can all move on. Or not. #Nostr doesn’t care.
A bit different imo.
If you have a balance on custodial lightning and lose it, you can just resume where you were with a different wallet minus some sats.
If someone abuses your keys or even leaks unintentionally, you lose your entire social history and have to start over.
Personally, I don’t care if I start over with 0 followers. My biggest issue is that I won’t be able to reach the same people I’ve built connections with. But clearly other people care a lot.
It's hugely different. One is money and one is social. Your bank account isn't the same as your Twitter account.
If you think about what we’re building here it’s of immense value to a user to have complete control over their identity. Sovereign identity at the protocol level. You don’t just piss that away.
Agree. Banks accounts are disposable and social identities are harder to replace, especially if you have no control over it.
Custodial for just a moment though. Always moving off and into self custody. That should always be the common practice.
If any client takes custody of a user's private key, it deserves backlash. It's the worst kind of trust model; it's irreversible, and you're trusting them forever.
Imagine storing your sats in WoS once, and they gain the power to withdraw any amount of Bitcoin from your wallet for forever, whether you use it or not.
I would never share my private key and I’m just some pleb on here.
I don’t think decentralization can exist if there is not a set expectation that you will manage your private keys.
Managing your private key/s should be the expectation when using #nostr
I don’t really care if a Nostr client is a custodial as long as they explain in a FAQ that someone won’t be able to export their Npub and use another client.
Some people don’t care and like the convenience.
It’s a free market isn’t it? Why would freedom only equate self-custody? People can do whatever they feel like and are comfortable with as long as they have all the only layered out in from of them.
No
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