Hey look, nostr:npub1z4m7gkva6yxgvdyclc7zp0vz4ta0s2d9jh8g83w03tp5vdf3kzdsxana6p, nuance!
Dearest Nostr eGirls - NostrFans - #Bluesky Refugees,
Once you accumulate enough Zaps that you'd be sad and/or pissed off to see your money disappear, it might be time to talk about the next phase in your Bitcoin journey.
While Bitcoin is money you can't fuck with, many of you are using Wallet of Satoshi or Alby. You can fuck with these wallets. These are great and easy to use wallets, especially because they support Lightning addresses for Zaps. However, these companies hold your Bitcoin for you. You don't control it. They do. If that company went away or suffered a loss, you would lose your Bitcoin!
History has taught us time and time again with Bitcoin that it's "not your keys, not your coins". This just means if you dont own the keys to your Bitcoin, if you don't custody it yourself, it's not yours, it's theirs.
To fix this, you can run these Lightning wallets on your phone with nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg or Phoenix Wallet (and soon nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5). These are special wallets where they run a "node" (a mini server) on your phone that you control. They're fully self custodial. These wallets do not have Lightning addresses, so you can't "Zap" to them.
Here's what I recommend. Use Wallet of Satoshi or Alby until you hit a certain amount and then send it from that wallet to your other wallet that runs the node on your phone that you control. That way large amounts of money are in your control. This is now money no one can fuck with.
And most importantly, be sure to write down and store the backup words in a safe location. You'll see what I mean. 🤙🏻
If you have questions, just ask here or ask #plebchain
Discussion
Yes! It’s very sad that Bitcoiners are promoting custodial wallets because it’s “easy”
Dimi, you know my take on this one and my mind will never change 😉
Perfect is the enemy of good.
We have more users today than last week. That’s good. They have a lot to learn, that’s also good. It’s not perfect, but it’s a meaningful step in the right direction.
Nostr is frowning no matter of what!
These new nostr users are becoming new bitcoin users, and the coupling between these two plus lightning has too much friction for fluid use. We can’t scale these systems trustlessly, or even trust minimized, without better tooling & need - which may not be here for another year or more.
So you want me to tell these ladies to go build a server to host their own Lightning addresses? 🤣 Brother I love you, I do, but these are just things that aren't going to happen. Yet. It's called baby steps. We'll get there. Step one is sending from your non-custodial to self-custodial. 🤙🏻
Yeah you can tell them to downaload phoenix, Breez and just post invoices like we did a few months ago or they can zap via few clicks
not about sending zaps.. still need custodial for receiving zaps tho.. and literally nobody is diving into lightning node without clear incentive.. it's a long learning process
Read my message again 😉 you can post invoices like this 👇
lnbc690n1pjteyehpp56l7f805t5lw6natrrejax9wl99xt8wzj9nffj0c88dnztld6t3tsdqqcqpjsp5q5l4mz4clqtulesxyqh9hg2ame84wvp9gqzfd55ahh7wh787kmjs9q7sqqqqqqqqqqqqqqqqqqqsqqqqqysgqmqz9gxqyjw5qrzjqwryaup9lh50kkranzgcdnn2fgvx390wgj5jd07rwr3vxeje0glcll7eres6y8g5xuqqqqlgqqqqqeqqjq69fjx42qhmqwvf90kxsh7rnuyd9yap30hukd9x3p6j8uvt8qmskj0hjzwek0nm9dna8vu53qql8e5j0npj3pl432pcz42fgyyl9yc9gqctqupd
that's not the same as a zap, noone is going to do that
brb, posting invoice of 69 sats to receive sats for my shitpost.. ?
come on now 😂
Ok use nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg then! Phoenix also about to make it happen !
lnbc11220n1pjte92ypp5qay6x0u3e6k2zzhx9azhwskyes029g08kg537cz5tux4jg90pfmsdqqcqpjsp5fxxqtft5us5e49xuyq4k959ynghu6q92rrfy059tycd2xn5fuuns9q7sqqqqqqqqqqqqqqqqqqqsqqqqqysgqmqz9gxqyjw5qrzjqwryaup9lh50kkranzgcdnn2fgvx390wgj5jd07rwr3vxeje0glcll7eres6y8g5xuqqqqlgqqqqqeqqjq8s8ep9k39smdtuytlhun4jh65jylwy6n0s790zplnpujk6kvlctphx5kv6temkrpj8ds8ajngt66k28zhsap5cpcwt5wht23f54f8eqpmnuaej
make what happen
