Replying to Avatar noerms

Regarding Bitcoin adoption …

I feel one big struggle of people who are new to btc is the hassle of sending and storing btc and the responsibility that comes with it.

I don’t see that people will learn to take this responsibility as the majority of humans always seeks the way of least resistance. Which is fiat at the moment.

That’s why i am trying to think of ways to make it easier/safer to send and recieve btc.

Lightning adresses are a great step towards this but similarly to making typos when sending mails, ppl will make typos here.

So the question is is there a way to reduce risk of loosing btc when sending for everyday ordinary people?

Currently i am thinking about something like a password confirmation. You want to send from abc to adress xyz. Network asks xyz if it want to recieve with asking for a one time password (you have to tell the recipient). Xyz confirms with password. Network send from abc to xyz. Similarly to like bluetooth connections work.

That would only work onchain. Not lightning, as lightning needs to be fast. But lightning also is usually used for smaller amounts while wealth is stored onchain and that’s where the risk of loosing a lot exists.

This are just some rough thoughts. What do you think about this? Would this help? Would it be too complicated? Have other ideas?

Tell me please!

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noerms 2y ago

#[1] what do you think?

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