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1132 sats \ 5 replies \ @chairman_pretense 9 Dec 2022 \ parent \ on: Someone brave enough to ask tough questions bitcoin
This is why I asked this question about mobile wallets the other day: #103728
Normal users can and do run their own Lightning nodes on mobile, today.
They can set them up, open channels and buy a coffee quicker than opening any fiat bank account.
Many of them probably don’t even realise they’re running a node.
While being non-custodial, these mobile phone lightning nodes do not provide the infastructure for routing and will probably always rely on centralized lightning service providers. And these could be easy to regulate.
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Being a routing node or not does not matter whatsoever and it makes no sense for a mobile node to also route payments.
With some wallets like Blixt, Breez and OBW, you do not rely on centralized lightning service providers. You can open a channel to whatever node you want to.
In practice you would want to find a good and well connected node, which there are plenty of. But you don't have to. You can connect to some obscure one to stay low profile.
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You cannot open a channel to whatever node you want to and expect your wallet to work reliably when your node is offline most of the time or for a longer period of time.
But the longer I think about it, the more it seems like a matter of charging some extra fees for mobile peers and not so much about regulation for lightning service providers.
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You cannot open a channel to whatever node you want to and expect your wallet to work reliably when your node is offline most of the time or for a longer period of time.
So then you will have to choose whether you want reliability or not.
My point was that you have the option. You cannot have it all.
But the longer I think about it, the more it seems like a matter of charging some extra fees for mobile peers and not so much about regulation for lightning service providers.
I think regulation for wallet developers and LSPs is a real concern. But it cannot destroy Lightning, because you can always to connect permissionlessly to other peers.
It might make Lightning suck though.
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And these could be easy to regulate
That's bullshit. Regulate for what? Nobody can "regulate" what am I doing with my own bits and tits through my node. I can run multiple nodes anytime I want and I don't give a shit about any regulation or government.
Why people cry for bullshit regulation?
Why people like to obey like sheeps?
Who the fuck is this "government" that want to regulate my life?
I am sick and tired of all this cronic statism.
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