Nostr Web Client

Baddest take I’ve ever heard from you. Don’t you understand that relying on third parties holding funds for customers leads to KYC and mass surveillance like in the traditional system ?

We absolutely need to have a reliable and user friendly way to use layer 2 in a non custodial way or you reproduce the exact same problem that gold had one century ago. It’s to easily spend around the world that gold was captured by intermediaries and “paperized”, not because people were afraid of storing their gold.

Beautyon 2y ago

You are a Bitcoin Cult member, reciting your cult mantras perfectly.

Who is “we”?

You don’t understand how businesses develop, and your infantile zeal to prove you’re a good, compliant member of the cult, are willing to starve WoS of cash so that they have no chance of improving.

I, on the other hand, understand how incredibly hard it is to do what WoS do, and I understand that their tool and development is not static. In this window on their development they are doing things one way, and that can change.

Also there are other factors that make WoS good for consumers getting small amounts of Bitcoin. IT ALWAYS WORKS. People like you don’t take into account the position of the Normie, who is frightened of Bitcoin. If they get “No route to host / no channel” when trying to get $5, this is a killer for getting people on to Bitcoin.

You also have very little imagination (obviously). Let me try to help.

Imagine that there are a billion people using WoS just as it is today, with the maximum they keep on it at any time being $25. In that scenario, it is very unlikely that they will be subjected to a state attack for a user base that on average has a pittance on display.

That’s just one imaginary scenario where WoS can stay the same and there be no attack because it’s literally not worth it.

And there are other wallets on the market that only KYC you if you have “too much money” so this idea is not as far fetched as you might think.

Your problem is that you’re serving yourself and your personal delusions only. You’re not interested in bringing people to Bitcoin, and for you it’s all a Cult and a big game. That’s fine. Everyone is free to think what they like and act on it.

You will not, and cannot stop WoS. They’re going to continue to grow and improve, and spread globally. That’s a good thing in the short and long run, whether you understand it or not.

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Discussion

Louferlou 2y ago

Lmao you are so pedantic and full of yourself 😂

“We” is humanity or mankind or whatever is the good english world, we is anyone who wants to use Bitcoin.

It seems that you don’t understand anything either.

I’m nos against WoS, anyone can do what they want and I myself use it with Blink when I need more convenience. Basically I topup my custodial wallet with my non custodial one FOR NO FEES.

And this is where you don’t get it (obviously). Without reliable, and with good enough ux self custody solutions on L2, on your hypothetical scenario of 1 billion users using WoS (ridiculous by the way cause in that case you don’t even need LN as almost all tx would go through WoS), fees on the main chain would be high, much higher than today.

It means that Bitcoin tx would have to go through LN, people would get paid with LN, grocery stores would get paid with LN, and then pay their salaries with it obviously etc…

It’s not 25USD we are talking about, it’s basically your checking account, the one you use to feed your family, travel, buy things. If this is controlled by the state and you want to escape it, it’s not possible with 50 USD/tx or more on the main chain. So basically your saving account is almost useless, if your checking account is censored.

I’m no member of a cult, stop it with that you look like a woke calling everybody fascist for no reason because you disagree. I’m pro selfcustoy and among those who think that if you doesn’t have the choice to opt-out easily of a custodial service, then it’s fiat world again and this is so obvious dude, really.

L2 self custody is as important as L1 selfcustofy in a hypothetical hyperbitcoinzed world. If I’m a member of the laser eyes cult like you (and your friends ?) Udi Paul and Eric like to call people who think like me, let me tell you that you are a member of your own cult, the “high time pref and NGU” cult, which is much more pathetic and dangerous.