Lies. I've spent precisely zero fucks concerned about my self custodied LN liquidity.
Self custody everything. No exceptions.
Discussion
Lies? Interesting.
"full time job"
You forgot the word basically.
Also, most ppl don’t even run a node. What’s your solution for them?
Solution is the same. Run a node and custody your own shit. No exceptions.
There are 8 billion ppl on earth. How will they all self custody? There have only been ~1 billion bitcoin transactions in history.
I’ll give you the gold star award for being the most passionate and hardcore cypherpunk on nostr. Congratulations 🎉
Family units and intentional communities are likely to self custody as a group.
I agree. So there are some exceptions for self custodying. You can do it as a group. Group self custody. I like it
I think the delineation here is are you using a nameless, faceless custody solution or someone you know and trust. Whether you do the custody or you have someone custody for you, knowing where someone sleeps keeps people honest.
I agree. Wallet of Satoshi is a fine option for sats for zapping or small purchases. I would not recommend it for storing generational wealth. WoS is a good tool for onboarding newbs even tho it’s suboptimal in terms of transparency. 🤝
it does seem like there is significant administrative overhead.
particularly if you want to be able to receive >1M sats via MPP
I've had a lightning node up for 10 months and haven't touched a single channel. I do have a sizable node and channels so maybe that has something to do with it but I see people say it's a full time job all the time.