Automation needs to drastically improve the UX of Lightning I think.
Lightning is fucking ass. I wasted 25k sats and 2 hours trying to empty my mutiny wallet. Why is it so complicated to make sure I don’t leave any dust behind? Why does a base to lightning swap not have a swap all funds option? I don’t blame them for giving up this shit sucks. How is lightning more expensive than base chain it doesn’t make sense. I’m just going to use WoS again. The total amount of sats I’ve burned trying to self custody lightning is less than the amount I hold on WoS anyway. I’d rather get rugged by WoS than continuously rug myself using lightning lmao. It’s fucking retarded I hope liquid squirts get integrated in nostr soon nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm
I’m really not convinced that bitcoin p2p is going to work on lightning. Normies aren’t going to deal with this shit they will just use custodial services. And I honestly think that's fine as long as your main stash is in cold storage. Maybe I’m wrong and some devs will find an amazing way to simplify lightning but I’m not holding my breath.
Discussion
It needs to be braindead easy to use and cheap. Liquid has it right.
Brain dead easy usually requires custodial service. Even on-chain Bitcoin is used by most people through custodians like Coinbase.
I like the tradeoff that liquid offers. Technically custodial but the rug risk is very small. UX is also great.
Liquid is great. I just hope they geographically distribute the functionaries enough to minimize the disturbance to the network when the regulatory heat inevitably comes for them.
