Subnostr

But when fees become more expensive it discourages on-chain activity and pushes more people to layer 2 and custodians.

Agreed but if you're at a super busy venue (the Rock Cafe) your waiter probably wont have the time to sit down with you for a crash course of best practices when it comes to Bitcoin, channels, LN and co. What is important is that we were out there all day long pitching Bitcoin to everyone who would listen, paid everywhere with Bitcoin even if they thought they're not accepting Bitcoin while having fun and enjoying ourselves.

If anyone would have turned around to tell me that they want to put their lifesavings into Bitcoin I would sit down with them to discuss self-custody and best practices and if I did 2nd layer wouldn't be a topic for their "wealth" storage.

worst case, they delete the app and the sats get redistributed or burned. Either way a win for everyone else. But if they don't delete the app they might start studying Bitcoin and then they can self-custody as they deem fit.

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Discussion

The Daniel 🖖 2y ago

You’re not wrong. It just concerns me that people who have been introduced through WoS are going to be in for a rude awakening soon when the app stops working and they can’t get their money out. They might never come back because they’ll assume it was bitcoin that rugged them.

Shawn 2y ago

I think Strike is probably the best custodial wallet for no-coiners. It just “feels” more familiar like Venmo.

TheGrinder 2y ago

remember we're not in the US. He'll be fine for now and he was very cool and from Colombia. I had a blast chatting to him in Spanish while we were downing our Mojitos munching nachos. It doesn't matter if he burns his tip, it was just fun and if he doesn't burn them it was a win.