Nostr Web Client

I stopped using or relying on nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcprdmhxue69uhkummnw3ez6vfwde3x7tnpdenkzmnf9e3k75xqss4 in the beginning of this year. I knew this was coming...

I still have an Alby node with millions of sats that closed on me and I never recovered it. I started a new one and then closed channels gracefully in January.

Generally lightning is a lot of work. It's so much work that I could either work on lightning or work on getting Fiat. Lightning doesn't pay the bills.

https://getalby.com/terms-of-service

I'm cynical because I've invested much Fiat into Bitcoin and it's nearly all been a futile pursuit of whack a mole.

Definitely has pushed me not to trust too much in man made solutions.

I will continue to use Bitcoin but less and less will I talk about it. Nearly everyone I've introduced to Bitcoin (small number) I have had to apologize, help change, rearrange, reeducate and I'm no longer interested in getting anyone new involved. It's blessing edge and it's no good.

Those who strive to give quick solutions will not be around when your Bitcoin mechanism breaks. Bitcoin core is about the best thing going and BIP-39 but everything else is not dumb ass proof. By dumb ass I mean those of us who build things, make things and take care of things.

All businesses connected with Bitcoin are attack fronts and compliance is either going to happen or there will be dismantling.

It is what it is. Bitcoin is not decentralized enough.

OgFOMK ArTS 8mo ago

I'm going to further add that I'm using:

1. Phoenix wallet -- nice, functional, small, easy recovery but expensive zaps ( 4 sats o send 21).

Con: I've paid for liquidity and have had it disappear within a month.

2. Phoenixd on Linux -- really nice to play with and solid as a rock. Great and very simple. Not cheap but it's a good thing for sending via lightning and then resending back on chain.

Con: Phoenix wallet on Android is a bit better and you can move your instance to another machine after you've gained liquidity in but you need to understand and play around to do this.

3. Blue Wallet

4. Bitcoin core

5. Jade older -- green wallet -- meh... Lots of actions to be taken to understandable and easy to complicated for me to explain in simple terms to a new person.

6. Cold card -- older version...

7. Ledger -- never with ledger software

8. Strike -- forward facing, regulated, but my sats, dox myself, send 75,000 sats for free to cold storage or zap nearly free for NOSTR. Also catch NOSTR zaps.

9. Cash App -- very handy. Lightning, but Bitcoin, I like Strike better but the ability to send Bitcoin to cash app and then to Fiat in minutes has been handy when I needed $20 for gas or something else off the cuff.

10. Cashu -- I don't trust it but I have it. I've lost 1000 sats and that's too much. Also I've found a vulnerability and I disclosed it and it was basically ignored or I was told that I was doing something incorrect 😂.

11. Breeze -- I have it.

12. Fold -- They lowered the withdraw to 30,000 which was nice. My bank (Credit Union) now offers better gift cards for only Fiat value and the percentage back is double or triple the Fold Bitcoin reward so I can just earn $3 and buy $3 of Bitcoin or better. I used to pay for premium membership but I have up on that once my Credit Union made better gift card offers.

13. Other things I use. I'm exhausted just from this. It's taken me since September 2019 to build up this arsenal and it's changed so many times.

I'm exhausted. I've forgotten so much. Like my first Bitcoin public address was on Keybase in 2017... Boy have things changed.

#Bitcoin

#Lightning

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Discussion

lkraider 8mo ago

Oof. I am starting just now, getting seedsigner for self-custody, moving sats away from exchange.

OgFOMK ArTS 8mo ago

I like what seed signer is doing. I have not used their product but I have paid attention to them. That's another thing. After spending Fiat on many commercial solutions and finding seed signer, I'm tapped out on wanted to spend our do more. It's the bleeding edge.

Conservative and slow is the best as early adoption takes much energy.

I wish you well.