Who said self-custodial Lightning is not viable?

Viable for what purpose in particular?

“The only hope” is a bit of a general/sweeping statement, which I tend to try and avoid. (I still make such statements, of course).

But in general, at least right now — assuming we’re referring to the goal of Bitcoin sovereignty for a global population (which I think is usually the underlying question here) — I’m of the mind that we don’t have the “solution” yet, if there is to be one primary, all-encompassing solution, which also may not be the case.

But Lightning, ARK, eCash, sidechains - it’s all pretty cool and interesting and new and cutting edge. Perhaps none of them are “the” solution. If there is *one* solution, it probably hasn’t been invented yet!

And just like the way that Bitcoin was discovered/created after decades of experimentation with other projects that solved different parts of the problem, I would expect that bringing self-custody sats to the masses will require the synthesis of various projects into something that checks all the boxes.

Also worth noting: Bitcoin successfully dis-intermediates central banks, and offers global citizens a currency with a monetary policy that can’t be fucked with by those banks or governments.

That is a HUGE gift to humanity.

If (and when) an era of digital free banking, using eCash or Lightning or something new, is then built on top of a Bitcoin standard, it will be a massive improvement to the lives of all people. The “best” banks can publish verifiable proof-of-reserve. Or they can offer a transparent, fuckery-free fractional reserve model to those clients who wish to take on a bit more risk, in exchange for some interest (rewards), while other citizens will choose a simple and transparent custody model where they pay a small amount of fees (instead of being paid interest) to have a responsible third party protect their wealth. Humans - many humans - want this, and always will. The market will deliver it.

And for those of us who *don’t* want to rely on any third party for this service? Well, now, we finally have the tools and the means to do it the way we want to.

Freedom = (choice x privacy x autonomy) + confidence that the other factors will not be encroached upon

Or something like that.

You got me thinking 😁🫂🤝🤙🫡

BRING BACK THE OLD WAYS

Vitalik triple VAXXed

Gradually then Suddenly 😵

I beg your pardon😳!! I am an English gentleman. Chino shorts and mercerised cotton polo shirts for me. I also have a VERY expensive Panama hat (Seriously, look them up). I know "My" country doesn't have the greatest rep, I like to buck the trend though. I am an outlier, in more sense than one😬😜.

I'll be in Tenerife in a weeks time. My dad is retired and lives over there🫡😁.

Ha ha, that's great😬.

Bahaha omg I think I still may be whiter, not sure

Just trying out fountain. Any guides on simple connection with nostr id. In five minutes, one feels like one is entering a hive of legacy email requesting shit that is the internet. Why? Am i doing something wrong is just another app to ignore?

#asknostr

🫶

Thank you for taking a little time to explain this to me.

Yeah I just recently stopped viewing bitcoin as money and investment.

I don’t what makes a bitcoiner? I own btc? I talk about it, I search for more info and communities that are about it, I try find out as much as possible and how I can implement these things into my life.

Do I pass the bar?

I dont know, but that is what lead me to this space.

So what does this do?

What should I do?

I always wanted a place that wasn’t x or reddit to discuss and share.

Who do I follow to learn more about using this kind of social media?

Where do I find people of general interest in this space?

I don’t have any socials to connect with this so I’m starting blank.

#Socialmedia

#Damus

#noob

Indeed it’s deep, my grandfather has watched me go jail for a crime I did not commit, he watched me fight this case for over a year and still get sent to jail, this also forced me to postpone my education.

He says that he doesn’t think it’s right, but one must always comply with the government.

The he still trust in the government, trust is so strong that when people in government are busted for inside trading, faking Masters, inside hiring, all the dirty Norwegian government does - it doesn’t faze him, the government taxes his pension twice and when I ask him about it he just nods and says that’s how it’s supposed to be.

I really don’t get it, but good for him believing in something I guess..

Trust dies with his generation, all the younger ones in my family have little to no trust in our government, well we trust that they will take as much money as possible from the common man.

My suggestion is to self custody your sats and don’t listen to developers and influencers on here ! You will thank me later 😉