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100 sats \ 12 replies \ @Scoresby 3h \ parent \ on: Lots Of Riders Without Their Weapons meta

when not rugging, custodial apps are quite pleasant

offline receive
receive small amounts
no need to manage liquidity

I have no words.

Why not?

Sure, it sucks to potentially lose money, but you can limit the amount you're willing to lose for these quite nice properties though, no?

I’m not trying to advocate for custodial wallets, but I acknowledge that their UX is unmatched by any non-custodial wallet.

202 sats \ 2 replies \ @optimism 3h

Remember I'm 2013 class. We're here to remove intermediaries. That was in the whitepaper and that is what drives us. Peer to peer. Not peer to bank to peer. FUCK THE BANKS

100 sats \ 1 reply \ @ek 3h

FUCK THE BANKS

This had serious HACK THE PLANET vibes

0 sats \ 0 replies \ @optimism 3h

it was intended more like this:

100 sats \ 6 replies \ @SimpleStacker 3h

honestly, i wouldn't mind if SN just went custodial again haha

102 sats \ 5 replies \ @optimism 2h

SN is a platform where you spend sats and receive interaction. It is not custodial because it is not a wallet. SN is my counterparty, not whomever I "zap", because I zap something to make it more visible.

This probably goes fully against this latest release of k00b's work and I should just shut up.

100 sats \ 4 replies \ @Scoresby 2h

this aligns with Darth's slogan: pay to post.

But it's not as simple as SN is the counterparty. You pay the territory owner (who pays SN) and SN.

Also you might pay (zap) the post or comment creator to encourage them to write more of such things.

102 sats \ 3 replies \ @optimism 2h

No. I pay SN (check your lightning invoices)

SN just has a very generous revenue share agreement with posters, territory "owners" (sponsors) and the rewards pool.

(but like I said i should shut up so I'm not going further lol)

100 sats \ 2 replies \ @Scoresby 2h

I am very sucky at reading LN invoices, but my mental model of this was that SN wrapped the invoice a little like Phoenix's LSP does for payments to Phoenix users. I'll check on this independently (respecting your reluctance to go further).

102 sats \ 1 reply \ @optimism 2h

Thanks, I just don't want to be a pain in the butt to the SN team.

0 sats \ 0 replies \ @SimpleStacker 1h

They have to deal with AI generated PRs. I'm sure any pain in the butt you might cause is like a tickle compared to that, haha