sovereign LN usage appears to offer good privacy.

at the cost of UX headaches

and the user cant actually verify their own transactional privacy.

mostly its "private" in the same way your bank account is.

custodians transacting among each other.

a lot like the base layer.

i don't consider increases in custodial usage bullish because they arent censorship resistant.

Reply to this note

Please Login to reply.

Discussion

Sure .. no tool is going to ever serve every use case .. (though some bitcoiners feel , it is going to FIX everything :-) ..

Personally ..I think anonymity is the only way to privacy .. all #privacy tools are kinda immune response ..cuz people can't stop ID themselves on electronic systems !

theres a difference between transactional privacy and network privacy

but you're absolutely right, they're both important and connected to each other.

but whatever gains we can make

on both fronts,

are helpful.

Why would I want to hide my spend on coffee and bagels !

Particularly if my Identity is not attached to the transaction .. sure some people will know . .. Like my wife :-) .. or anyone interested in my real Identity.. even God can be found if we work hard !

... the point of anonymity is - being just a simple face in crowd .. losing ID is losing ego ! If we do that .. I guess there is no incentive for anyone to spend research hours on me .. 😭..

But yes .. not everyone may like to stay anonymous..