Alright, twice this week I’ve tried to pay a merchant who uses BitPay for their checkout, most recently being BitWarden…

Why the hell is it so complicated!?

They make you choose from dozens of shitcoin wallets, create an account, or some other nonsense with dysfunctional invoices and for whatever reason won’t just give me a simple address?

It’s not just me - multiple bitcointalk.org posts get into this. I tried the Electrum option because I like holding my own keys, and my wallet was out of date, so I downloaded directly from electrum.org/#download and even this application now has BitPay in the window name.

I can’t be the first to struggle with this. Any bitwarden users (or anyone who’s tried paying this way) have some advice?

/rant

GM btw.

#asknostr #plebchain #bitwarden #bitpay #electrum

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electrum bitpay? you just got hacked

Nah I was just being a dummy and forgot I had named the wallet “bitpay” while I fucked around with it, and so the desktop window said “electrum bitpay” or similar 😂

Self host

Yes. Working on converting an old laptop to a startOS server this week, but needed to get started with a password manager first.

I’m assuming I should change the master PW and saved PWs when I transfer to the self hosted version though? If I want to be confident that no future compromise of their system would affect me..?

Or don’t transfer and start from scratch (and still update cloud-saved passwords)?

To clarify, Bitrequest does have a feature to allow wallet new wallet seed creation.

However, you will still need to utilize a third party wallet to access, and control funds.

True. We do not promote that method, but very true.

Yes. I changed my master password on my new selfhosted account and then imported everything from the cloud. Then swept through my "important" accounts to change those passwords.

Once you're set up, your new master password will secure your new vault, but for all the app passwords in the cloud already...unless bitwarden dot come is secure & honest in perpetuity, consider those apps at risk.

Thanks friend, that’s perfect/clear. Hopefully will get to make this happen this week/end 🫡

Yeah bitpay is awful

My guess is they are covering their asses in the regulatory realm. The vibe I'm getting from the process is that custodial businesses will be requiring kyc wallets.

I don't know what you're buying but #MoneroMarket & #XMRBazaar are great crypto markets.

Pretty good bet haha. Thanks for the recs 🤙

Try ZEUS and self host 0-conf channel

I didn’t see Zeus in the list of wallet options on the checkout portal :/

Lightning has helped melt people's brains and popularize this concept of not just sending coins to an on chain address

I’d be happy with Lightning too, lol, it would be far simpler, more private, and more secure than this custodial account nonsense

Lightning is basically just a custodial account with more transparency

Not sure what you mean. If using a custodial Lightning provider, then yes, of course. Many users stop here. This is effectively “banking on Bitcoin”.

There’s a gray area when it comes to LSPs, hosted servers, etc., although these are still exponential improvements over the various systems that society had had up until now.

And fully self-custody Lightning is an option for anyone willing to put in the work. So it really depends

I think the real full self custody lightning is just on-chain Bitcoin

In that you control your UTXOs, yes. The multi-sig transactions to open and close a channel with your counterpart are the on-chain footprint, with the “layer two” Lightning protocol representing the ownership of your portion of that UTXO at any given time. So while there is always the self-custodie on-chain anchor underneath those Lightning transactions, the exchange of L2 sats is also happening via an open-source protocol where both parties cryptographically secure their own funds, while the amount that each party owns is changing and being updated off-chain. Maybe over simplified (I’m no expert) but this is how I understand it

The fact that the amounts are updated off-chain is what makes it the same as other third-party custody

It does have a few more assurances than, for example, mints. Every L2 solution is essentially batching. There's a whole spectrum of trade-offs between speed, throughput, and security. On chain is king. On chain nostr zaps would be an incredible innovation. Mints have single points of failure. Lighting is a good middle ground. But just one of many solutions.

Good points!

Except that it’s not a third party who is updating balances or having custody of funds. It’s you and the code you’re running, in collaboration with another free user who controls their own funds.

It’s not at all the same as letting someone else hold your Bitcoin and hope that they’ll play nice when you ask for it back…

Ready or not I am putting a non-lightning Bitcoin address on my profile tomorrow and encouraging people to send me value for value sats there on all my content creation posts too.

For far too long we have depended on adding a layer of complexity for the sake of convenience. Sure lightning is cool when all the stars align and you don't lose your sats, but that is DEFINITELY not the case for most people. I feel getting back to our roots and not forgetting where we came from is important as bitcoiners too.

If you believe in this too. Feel free to add one to your own profile description until enough developers take notice and make it a standard option in addition to lightning zaps. Like it should have always been in the fucking first place.

why? because bitpay is a shitcoin and government compliance company, not a bitcoin company

it isn't like that with any other bitcoin payment provider

🎯

It's the same with Coinbase Commerce, and likely anyone that provides such a service.

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I actually just went through the bitpay payment flow. If you choose electrum and then lightning, it will show you a standard lightning invoice address + QR code.

Thank you!! I’ll give this a try this tomorrow. It bypasses the “create account” flow?