Replying to Avatar Harley

I’ve got a question for you guys and it might be incredibly dumb but anyway. nostr:npub1e85mms9s8ssm6vm6ztw0tdrr6j0a4l5gf2sjhw2scxpwnexmaxuqcev9em 2500

Obviously self custodial wallets are better than custodial because you have your own keys but surely if you rely on someone else’s node then you haven’t actually gotten rid of much trust compared to trusting them with your private key. My thinking is that if you trust their software to display the right number according to the Bitcoin blockchain then how easy is it for them to redirect a transaction meant for you to themselves and just display the number you were supposed to receive in your wallet.

Am I being retarded? +500 sats for good answers.

#asknostr

That is certainly a possibility. However, I think it's based upon how much you know the individual running that node personally. My opinion on that is simply because of the fact that one who wants to onboard into BTC should do it with someone they know that runs a node, but they'd have to know them well to trust them to help with onboarding.

That's how I see it.

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