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Replying to Avatar Matt

yOu NeEd To SpEnD iT too

I spend a lot of time just trying to send myself sats over Lightning. Lol

The noncustodial experience is dogshit. I wouldn't count on any of it as a replacement for my current fiat payment methods.

Using on chain is usually impractical, especially for many small payments.

I don't see the point if I'm just using centralized Lightning services anyway. I'm better off saving the fees/tax accounting headaches by just spending fiat.

I know this is unpopular and inconsistent with the hype, but I'm being honest.

Noncustodial Lightning sucks. eCash has been an even worse experience.

I'm sure things will improve, but there are far too many people kidding themselves. This shit would be a nightmare for merchants and customers if it were actually used broadly in a noncustodial way.

#Lightning #Bitcoin

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₿oniz23⚡️🏴‍☠️🇮🇹 8mo ago

Well yes it's true! The non-custodial experience is terrifying

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Matt 8mo ago

I'm sure it will improve. My point is to highlight the hype that would have every business and person on Lightning right now. It would just result in more massive KYC honeypots, as I see no viable alternatives for most people. At least not in the major ones I've tested.

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₿oniz23⚡️🏴‍☠️🇮🇹 8mo ago

I agree

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