Avatar
Nullifier
5ab4519d7f01ba659ddb1b7284ad129b01c484c1ec2bf69335be9241f3643f8f
Manifesting sovereignty βœ… #bisq βœ… server / node βœ… homeschool parent Win me over with a great portmanteau.

Good luck. I entirely gave up with LN and zapping after trying to make this work. Repeated tries failed.

Alby wanted to "schedule a call" for tech support like some shitcoin company and wouldn't just explain it in public NOSTR discussion. Despite my request to do so - so others could reference it.

Their webpage to set this up is a 404 ( well it was at the time - I don't care to check now).

LN and zapping only *really* work custodially unless you are cool with paying a huge friction & time vigilance tax.

Expensive novelties are not my bag.

Minneapolis greenway leading into downtown? πŸ˜‚

Don't ignore the canvas, either. Great tool if visualization is important to your ability to gel things (I have a hard time feeling I am in control of my comprehension unless I can "see" the ideas).

KYC'd sats? Easy, many methods.

Non-KYC? Less easy but more worth it.

Examine your motivations. Do you want to be rich or do you want to be free?

Custodians can only evade money transmitter regulations so long. That's the main concern in my opinion.

I have given up on sovereign LN. So many frustrations and failures in my many concerted attempts. Years of efforts. Hours upon hours of my scant free time did not end well spent.

Tired of the cheerleading in the context of reality-based feasibility of LN as a solution.

2019/2020: "you can run a sovereign LN node with a raspi!"

You can see how ridiculous and misleading that was now. But some could have resolved to messagemore appropriately from the outset.

I see a parallel phenomenon happening here on NOSTR with zaps.

#LN #lightning #zaps

Zaps are custodial wallet KYC'd sats and only marginally better than paypal or Venmo.

After listening to the latest Citadel Dispatch (great rip btw!) I have some thought on Lightning after hearing about nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx talk about how he had to close his node.

Yeah, Lightning still sucks. I lost money on my little dinky TOR node running through Umbrel. I just had one of my most used channels close for no apparent reason at all, and the dude used a super low fee so funds are in limbo right now. At least I have 5 other channels I can still use.

If you don't have friends or business connections with fellow node runners, you still have an element of trust. You have to trust your channel mates won't just close on you out of the blue.

It's a trade off though. Deal with random channel closures and lose some sats in the process or use something custodial and run the risk of getting everything rugged ala Wallet of Satoshi. Btw I know it wasn't a deliberate rug but it still screwed a lot of people who relied on it.

I think for the time being I'll take the loses and rely on my own node instead of giving control of it to someone else, be it a custodial wallet or a custodial node service.

CashU seems like the solution if it pans out (which I think it will). There's still some trust involved but there's a lot less friction or learning curve as there is with running your own Lightning Channel. It also doesn't involve a protocol change which is a big plus.

So it boils down to using an easy button or more work while relying on your own knowledge. I think I'll rely on myself for now. Granted I don't have V4V stuff to deal with so I'm in a different boat compared to the big dogs.

TLDR there's always tradeoffs, know what you're getting into before committing. And Lightning is not there yet, it needs a LOT of work, Bolt12 wen?

Oh and we hit 70k while I was typing this, hell yeah!

Have just concluded my third attempt in 3 years to run pleb LN. You haven't even mentioned the software problems which lead to channel closure (whoops, the app is just gone! It was there yesterday!)

The message arrived 3 years too late.

At least nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx is pushing back in this episode against whether plebs "SHOULD" pursue certain technical paths. Over the years I have noticed those with developer type brains generally fail to place themselves into the shoes of people without their capabilities, and they obscure and gloss over super important details which would under-sell their perspectives.

Running LN is such an example. Had I heard this episode in 2020 I would have avoided it entirely... as well as running a node on a RasPi (again, you CAN but probably SHOULDN'T).

nostr:note1ya8v33ny84hhtghfdysyc52c9cw054advkdqexslykufnpqsk7js586s3r

#Bitcoin now > 77% of our family's net assets.

Thank you, Satoshi.

"Dry old crone, half naked, her paps like wrinkled aubergines hanging from out of the shawl she wore."

Cormac McCarthy sure could paint a detailed picture with words alone.

Sometimes I summarize ideas from books I read. Came across this one just now in my Obsidian files.

Anil's awesome book is free now. I have a hard copy.

https://anilsaidso.gumroad.com/l/bitcoin

As indicated on RHR... ATH in purchasing power is not reached until around 78k USD.

Think about that.