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“When LN came along I just added it to my payment options” - this is exactly the problem. People can’t use all Bitcoin payment options in one wallet. They need one for cold storage, one for LN, one for ecash and so on.

Why not just combine all of them?

- Ecash has the best UX for beginners, instant and free onboarding and amazing privacy

-LN sucks with onboarding but after one gets over it (in the meantime they can use ecash) it can be used in a selfcustodial way.

-onchain is obviously best for long term saving

Combine those three and you get the best wallet currently possible.

FreeYoda 8mo ago

I'm absolutely not against combining the two in one (good) wallet.

Also I don't see a problem with the two separated.

I have my life savings on chain.

It is literally my own bank.

LN is my wallet, where I keep money for day to day expenses.

Why would you need to bring your own bank (saving account/ life savings) with you all the time ?

Plus the risk it adds if you make it that accessible all the time 🤔

Now I give it a thought, I will keep the two physically separated.

But a third layer in-between could be useful ?

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Discussion

Albert Frei 8mo ago

Well if you are your own bank it’s kind of ridiculous that this bank can’t even pay for a beer isn’t it?

A bank must be able to handle every type of transaction, big and small.

With Bitcoin we can do this using different technologies. We just need to put them together in one great app.

FreeYoda 8mo ago

That is absolutely ridiculous.

You are saying that you want an armored truck with armed guards every time you go shopping to transport your grocery money, just because you want it also to be able to move your life savings one or twice in your life.

Or that your car must be able to haul several tons of cargo because you move several times in your life so your car should be able to handle it.

See, life doesn't have to be hard and there doesn't need to be one solution for every problem, it can't be just because that one solution won't work for every problem.

Albert Frei 8mo ago

Every bank has an app that can handle both saving and spending accounts.

To me it would be ridiculous if they told me now that I need to use different apps for different amounts.

FreeYoda 8mo ago

That is because there is literally NO value in your beloved fiat banking system so it doesn't matter.

Start thinking for yourself !

Albert Frei 8mo ago

Lol, did you have a bad day? 😂