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Replying to Avatar Guy Swann

Unpopular opinion:

Being able to choose any custodian you wish on an open, global, permissionless network… is still multiple orders of magnitude better than having a single custodian on a single network controlled and KYC’d by a single network owner.

Of course, I get we don’t want to stop at “choose your custodian,” and the reliance on them is not ideal, but pretending it isn’t any better than the fiat shit we have come from is also deeply disingenuous.

Example: if a popular custodian started censoring or went down, every single person on Nostr could update to a new one (from any country in the world no less) in a matter of minutes, and continue receiving sats from the same people and on the same profile as if nothing changed… now do that with Twitter or Cash App.

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calvadev⚡️ 10mo ago

Too few understand this; it's the very reason why Cashu, and ecash in general, is better for onboarding and adoption than existing solutions.

Sure, we want a world where absolutely no custodians need to exist, but we currently live in one where we do, so let's make that environment better as we work to a purely self-custodial one.

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