Technology is being developed that will hide all of the complexity of Lightning from most of the the people who use it and don’t want to be bothered with that. I’ve talked to some of the builders. Before long, we may be transacting instantly in fiat-denominated sats and not even have to think about it.
Discussion
That’s great, but doesn’t that just introduce new trusted intermediaries? Or are their solutions somehow supporting self-custody?
I think there will probably be a range of solutions that can minimize the trust issue and push toward self-custody, but you’re absolutely right that you can’t make someone understand custodial risks. Most people who dismiss bitcoin do it because they don’t trust themselves.