Bitcoin self-custody is not for everyone. When Bitcoin is the standard (and it will--as it is the hardest money), the vast majority of people will be using a layer of money built on top of it and will have zero clue that they're operating on Bitcoin rails.
And so to my point, and from now a few years of experience, self-custody is too daunting for most folks, it's not exactly easy either. Different forms of custodians (small federations and whatnot) will emerge over time that will do a better job of keeping people's bitcoin than those individuals are actually willing to do, at a cost. And that's okay, and it's especially better to the current fiat alternatives which is garbage and offers no guarantee except that your purchasing power can't stop eroding.
It's layers. Layered money.
"A money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard-earned wealth for sale in exchange for something easy to produce."
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
This is the best quote, there is no second best.
Even if you do shit that you like, sometimes you have to do shit that you don't like.
Otherwise, how would you know the shit you like?
"A money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard-earned wealth for sale in exchange for something easy to produce."
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
When using fiat money and its infrastructure, you depend on the honesty and competence of the governmental authority which controls it.
You do not want that. It's an atrocious proposition.
it's always soooo cringe when some fella tells you they're getting into bitcoin because they are tired of the banks and inflation, then proceed to explain how they are planning on trading these coins to make a quick fiat profit.
HFSP
Phoenix's FAQ.
Phoenix's blog post about splicing update.
Bastien Teinturier's interview on Stephan Livera's podcast.
Browsing the different options in the wallet itself, and researching what is unknown.
Best I can do atm. 🤙
Phoenix has become very easy to manage since splicing, ie only one channel per user.
Yet, folks fail to research how their wallet actually works and how to manage it (basically, liquidity and the fee structure)
In all cases, a high onchain fees environment exposes a big UX flaw of the current Lightning network landscape.
I am once again asking you to run Bitcoin.
Curious; what's a typical obstacle for smaller payments failing here?
Looks like I found your citadel, nostr:npub14lvs3dthut0vj5c7ylzvgkp975nmvf3ac6cxlq82562up93up9csepk3gv.
Nice.
Japan upgrade to nostr:npub14lvs3dthut0vj5c7ylzvgkp975nmvf3ac6cxlq82562up93up9csepk3gv citadel. 🏯
Bull Bitcoin wallet? Yep, it's live on Android, boom.
Try it!
🤙🤙🐂
https://play.google.com/store/apps/details?id=com.bullbitcoin.mobile
RIP ☠️⚰️🪦
Looks like I found your citadel, nostr:npub14lvs3dthut0vj5c7ylzvgkp975nmvf3ac6cxlq82562up93up9csepk3gv.
Nice.
Where will you build the Citadel?
Yes it's creates a lot of possibilities, enables creativity.
Can be combined with passphrases, derived entropy, account numbers...
I feel like seedxor.com is underrated 🤔