Sounds like a bit of a misnomer.
While I can't say that I am in any better of a situation right now using Fountain.fm as a stop gap measure. Custodial anything quite frankly terrifies me a bit as someone who has lost the ability to trust anyone.
Thanks for the clarification.
misnomer?
Custodial + Best Privacy You Can Get = A name wrongly or unsuitably applied to a person or object (Misnomer).
Now while from a technical standpoint you can make something private and give it to someone to hold onto for safe keeping. The best privacy I can get is non-custodial and in my own hands.
I know it sounds weird at first. Check it out:
cashu.space
docs.cashu.space > Resources
I did. The technology is cool. Don't get me wrong. Not knocking the project at all. I am very neutral in this situation, because I am not well versed in the underlying technologies of cashu, lightning, or even bitcoin. I am just an advanced user trying to share wisdom and make memes while trying to earn an honest living on Nostr while I am unemployed.
I am just not the type of person who likes custodial anything. Even if in your eyes that makes me an inept dumbass who just doesn't get it. I've been stabbed in the back more times than I can count. Rug pulled by multiple crypto exchanges.
At this point you can only get beat the fuck up with custodial options before you say hey, maybe I should just take this bitcoin, magically turn it into off-lightning network bitcoin, shove it in a trusted non-custodial wallet, put it in a hard drive, and have a well documented boating accident to lose it like the good lord intended us to.
ok
lightning is literally never custodial if you are running it, because there's you, and teh other side
ecash the locus of control and power is entirely on the side of the mint
it is literally just like a bank, it can say "you can't access your account because reasons" and gone
this can't happen with lightning, worst case is you are unable to access your coins until the other side wakes up, and usually the best option is to contact them, to prompt them to close it, or, if you use your channel keys to trigger closure from your side
again, repeat, again, this is not possible with ecash, ecash is 1983 technology and it never caught on for a reason, and calle is a shyster
