Nostr Web Client

1) We're not really talking "the average person", we're talking those of us already on Nostr and thus early adopters/more hardcore Bitcoiners. If hardcore Bitcoiners are cheering on custodial adoption and championing it, it will lead to less people even exploring/trying self-sovereign setups.

5) These companies are raising money from VCs and gaining fees from users that could otherwise go to self-sovereign setups, FOSS projects, and devs. It is a bit of a zero-sum game here - the more traction custodial wallets get, the less eyes, money, and devs go towards self-sovereign setups.

6) Why in the world are we happy that custodians (the "3rd parties" Satoshi *made Bitcoin to route around*) are the preferred onboarding method for new users? Onboarding someone to WoS doesn't even get them Bitcoin, nor does it even mean they will ever use Bitcoin. They are *entirely* at WoS mercy for custody, privacy, rug pulls, etc. I cannot, ever, get behind the stance that onboarding noobs to custodial wallets is the best thing and something to be cheered on. If we can't *actually onboard them to Bitcoin* why even do it?

monk_cactus 2y ago

What I said re: convenience holds for the average person, and clearly also for bitcoiners. When presented with the problem of “how do I get an lnurl to get zaps?”, it’s clear what people chose.

So WoS and get alby are sucking up the money that would otherwise go to developers of self-sovereign set ups? Give me a break.

Why are we happy that custodians (the "3rd parties" Satoshi *made Bitcoin to route around*) are the preferred onboarding method for new users?

Happiness has nothing to do with it. It’s about practicality and being realistic. There is a huge part of the population that does not care about bitcoin, privacy, and sovereignty. And they never will unless they get burned. The only reason they would use bitcoin is because it can do something for them (eg zapping, boosting a podcast, buying from nostr marketplace). I still want these people on nostr because I want value 4 value to reach as many people as possible. I want more customers in the future nostr marketplace. I don’t see how you on board a non bitcoiner to lightning without custodians. And if they get burned, well then that’s the best lesson anyone could ever have about the importance of sovereignty.

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Discussion

Seth For Privacy 2y ago

Phoenix? Breez? Blixt? SBW?

Lots of great non-custodial options for Lightning if people can wait for zap receive support and focus on just spending and receiving tips.