Replying to Avatar utxo the webmaster 🧑‍💻

Self custody your life savings - duh

But whatever just risk $50 on a custodial lightning wallet, what's the big deal, who cares if you get rugged?

You'll probably lose more on channel closes and utxo management trying to self custody your zaps rather than just use minibits or alby or whatever
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MAHDOOD 1y ago

Been saying this for a while. The problem with the gold standard was that the banks held most of your wealth so the rug risk was huge. Lightning custodians are practically Bitcoin banks but they don’t hold your life savings. All the fear of your lightning wallet rugging your pocket change is silly. Meanwhile WoS is still running with no headaches and force closure fees 🤷‍♂️

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Freedom Hodl 1y ago

Used WoS for a primarily for zaps only. Completely no kyc, then I could only get send. So trying to zap with a different client isn’t as smooth. Tried breez open and closed channels. Didn’t care for UX. Still looking for the holy grail of ⚡️