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Replying to Avatar calle

Preach it. I call this the fiat derangement syndrome. In fiat, there are only the two extreme ends of the spectrum: The cash under your mattress or the money on your KYC'd megacorp bank account or payment provider.

With Bitcoin, we can already see that trust is a wide spectrum: People use stacker news, they buy credits on websites (like namecheap), they mine Bitcoin in Pools (custodial balances), and the most widely-used LN wallet is WOS (even hard core OGs do this).

Another example: You can be the uncle Jim custodian for your family or community with LNbits. What's the fiat equivalent of that? There isn't one.

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DarthCoin ₿⚡️ 2y ago

And here is a guide, for those that don't know how to build the "uncle Jim" LN bank: https://darthcoin.substack.com/p/bitcoin-private-banks-over-lightning

and

https://darthcoin.substack.com/p/getting-started-lnbits

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