Imagine you could ask your Nostr friend list directly for people who wanted to swap in/out of liquid or lightning for on chain and execution was auto built into your node.
Discussion
Thank you! Makes sense to me too now, my goodness - recent orange piller and one thing they didn’t tell me is that just comprehending the depth of the Bitcoin rabbit hole is a borderline full time job haha
Oh so that would help save on fees when putting sats off lightning back on chain? I’m sure there’s more than that to it
Help save fees, keep on chain analytics from connecting one to the other, allow easy reset of lightning liquidity without closing channels, lots of reasons you might want this. And also it allows a market instead of trapping you with a specific service. Aqua might charge 1% for every liquid swap, but maybe I only charge .5% because I have less liquidity but don’t mind making a little bit by offering it up when available.
Ohhh okay so there’s privacy benefits and an increase in competitive market dynamics! Okay. This is huge.