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Martin Neustein
4cca8448408f7b58f5aa952dd7638313c203fc052e9aed75ebe116a8b0b4e05a
Bitcoin, Cats, Love

Looks like it’s the only option to be really non-custodial.

However, I see 2 problems:

- syncing has to be FAST (<= 1s)

- payment has to be FAST (< 3s)

I‘m always imagining the situation in a queue at the cashier. Waiting 30s for your node to sync and then hope(!) that your payment via Tor goes thru… not acceptable. People behind you will murder you.

HODLing is great and will make you rich, but we shouldn’t forget that Bitcoin is most importantly about one thing: distribution.

Bitcoin is an open protocol, it works with any operating system. Limiting it to Android would be against the ethos.

Everyone I know who has gone to a Google-free phone returned after a while, because it’s just shitty. And I’m not gonna carry a second phone with me just to have 200$ in BTC on me. I’d rather use a credit card then.

Replying to Avatar Derek Ross

Overall, the openness of Android is a major advantage over a closed system like Apple's iOS. The openness of Android allows for more customization, innovation, and choice. This is why we often see new software features, hardware, and accessories launching on Android many years before Apple adds support for these enhancements.

Generally, Apple waits several years for a new technology to mature and be in high demand before releasing it for their ecosystem. They market this as innovative, that no one else could do this besides Apple.

In some ways, they are correct. They waited until the technology was better, they waited until it matured, they waited until it was near-perfect so the experience was better than other products that had it for years.

In some cases, Apple has a better user experience, because they control the entire ecosystem. They *should* have a better experience in some cases since they're controlling and narrating it from the very top.

I may have been wrong when trying to explain this earlier. At the end of the day, these points don't matter. The discussions we're having aren't about which software platform is better. We aren't having a discussion about which company creates better hardware. We aren't discussing which company has a better user experience.

We are discussing which platform censors it's users. We are discussing which company is controlling and hurting people around the world by their censorship.

It's about abiding by a ruler when we are promoting protocols such as Bitcoin and Nostr which do not have rulers.

What can you do with an Android phone that you cannot do with an iPhone? Which innovation do you mean? I use iPhones from the very beginning and I do not miss anything.

If Zaps grow to a relevant size they‘ll allow them again. Like they allowed wallets. Like they allowed Tor. I cannot believe they want to lose customers by disallowing Zaps.

And I’m pretty sure they are already looking into a Bitcoin/Lightning integration into their payment system. They don’t want to leave out. It might be custodial, which is ok for the amount of money you are supposed to have on your phone. They even offer savings accounts with interest rates nowadays. I see a good chance that a custodial solution by Apple might drive Bitcoin adoption more than anything else before. And it might work better than anything else - faster, more reliable. I tried out almost every Lightning wallet, sent BTC between them back and forth, also to and from my own node. The result is a catastrophe. Slow, timeouts and failures all the time. Maybe 50% success rate. It should be 99.9%, it has to.

It seems one c-lightning-rest version (10.2) had an additional „msat“-String in the returned balance, that shouldn’t be there.

I read many clients store their keys in remote locations, so they have to get on a plane to get hold of their keys (or even only one key).

To do that every 6 months is quite an effort.

Anyone else looking into Blockstream Greenlight?

It affects almost every industry. We do SW development, we have to make use of it. We’re early, but we shouldn’t fall behind. It’s tricky in law I guess, on one hand, the sheer amount of text in nowadays petitions seems unmanageable for humans, on the other hand, you cannot trust an AI that makes up references and stuff.

What‘s left on Bitcoin Twitter is unbearable.

I believe in July, and exchanges etc. have 12 to 18 months to meet the regulations.

I didn’t read his book.

I didn’t listen to his podcast appearances.

Too much annoying noise around him and his thesis.

It’s supposed to be a academic paper. Why does market it so aggressively? Why is he so thin-skinned?

Not sure if I‘ll ever invest time in this.

I feel you. They‘re blocking my payments to PocketBitcoin now. And they refuse to tell me why.