Let's be real guys, end state of Lightning is custodial

Ain't no way normies gonna figure out how the fuck to run a node. Y'all can already barely figure that shit out, and you're in the Bitcoin cult already. The job of running a node belongs to tech companies because they're gonna make money off it.

If you think non-custodial will be the norm, you're disconnected from the realities of Bitcoin on the ground

Again, even passionate Bitcoiners don't wanna figure that shit out. It's annoying as fuck to run a node, and it's also annoying as fuck to take responsibility over all your money in a goddamn hot wallet.

I also don't want to have full responsibility over custody of my funds because I could fuck up

Yeah you heard me. I don't want fucking full custody. I'm scared I might fuck up. And a lot of other people share that concern.

That's why fedimint is actually such a good idea. THEY take my goddamn keys, and now I don't need to worry. Just trust them.

FFS If y'all don't get this then y'all are blind for real

It doesn't have to be all or nothing. Think a bit.
Some people will make the decision to trust a third party, other people want to keep full control. Some people will have a custodial hotwallet / lightning wallet, for the convenience, while keeping full control of their cold wallet.
It is a common misconception that there is just one way (all or nothing), a best solution for everybody, that success is only achieved if some idealistic scenario becomes a reality.
The truth is that what matters, is for you to have the freedom to decide what is best for you. Bitcoin gives you that freedom, gives you the sovereignty over your money.
You are afraid of managing your money and want to use a custodial wallet? Your decision.
someone else wants to use a non-custodial wallet and keep control? Their decision.
The important thing is that the possibility is there, a nobody can force you into something you don't want.
Benjamin Franklin once said: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
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Yeah but your grandma is gonna figure out self custody? There are literally billions of people on this planet and most of them don't give two shits about Bitcoin.

You think just because Bitcoin exists means everyone gonna learn how to do that shit?

A normie can download the Phoenix wallet and have a full node and open channels. I understand is not for all, but come on . Is harder to have a credit card
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Yes, and even more it's not 'have channels' after their splicing update. It's 'have a channel' (and never have to look at it or think about it, because it will never have to close).
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I'm surprised that none of the comments have mentioned size.
For life savings you might think one thing, for daily expenses you might think another.
There is an argument that people will never want self-custody for either of those two, but I think they are different arguments.
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Lightning is not for saving it was made for expending. In the utopian future where bitcoin is the global standard currency . People will get paid in two accounts . One onchain for savings and one Lightning for daily expenses. The same way today people decide how much they will put on their 401k and their cash account. So for the lightning account you will be using one channel and it will be filled every time you get paid.
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It doesn’t really work for getting paid yet, since many people have paychecks in the thousands of dollars. On chain is better for that.
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I think over the long term, fedimints will overtake LN as the dominant payments method for Bitcoin.
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What is that? Where can I find information about that?
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https://learnfedimint.com (shilling my own shitty but useful site 😅) https://fedimint.org (official protocol site) https://github.com/fedimint/fedimint (repo for protocol development) https://bitcoin.review/podcast/episode-31/ (lengthy podcast about ecash/fedimint/cashu)
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Thanks! I tried to ask the bot but it asked me to open the alby extension, but I do not have one (I am in firefox).
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No worries! https://chat.fedimint.org is the dev discord if you're inclined. Would be happy to hop into a voice chat and field questions.
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If you think non-custodial will be the norm, you're disconnected from the realities of Bitcoin on the ground
It's the other way around, you're the one who are living a distopic reality using custodial solutions. Bitcoin on the ground is decentralized.
It's annoying as fuck to run a node, and it's also annoying as fuck to take responsibility over all your money in a goddamn hot wallet.
Then, good sir, allow me to tell you: bitcoin is not for you. Just go home and use fiat system. This is too much for you and it's not that bad to embrace reality. I want to say your money, your rules but since you're pro-custodial, I can't tell you that.
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KEEP CLINGING TO YOUR IDEOLOGY MY GOOD SIR

LIVE IN THE GLORY OF YOUR OWN DELUSIONS

It's much easier to reject anyone who disagrees with you and continue to fester in the echo chamber cognitive dissonance "rabbit hole" that you've found yourself in than recognise the simple reality that people don't give a shit about the shit you give a shit about.

JUST ADMIT: You think Bitcoin is for you so you feel BETTER than others because you "get it"

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Yeah man. A fair opinion. I think custodial is inevitable until some unforeseen development comes along in bitcoin
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You have every right to use custodial options, but don’t forget that self custody is what makes Bitcoin, Bitcoin.
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Bitcoin is neutral

It doesn't give a shit about custody or not custody

It is literally just software my dude
We speak about fucking software as if it got a brain and a dick and it walks and talks
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Lightning yes. Easy to fuck up. However, On-chain Self custody isn’t that hard (jotting down seed words).
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I also don't want to have full responsibility over custody of my funds because I could fuck up
Bitcoin is not for retards.
People will need to learn that sh$t or the ruggings will continue
Don't give up too easily bro
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Even if it is, it's still better than shit Fiat currency
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It’s early the tech can improve. As with life things will stratify. Same with people and driving some never drive others are experts like NASCAR drivers.
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I believe the ideal way would be Family Federations: several Bitcoin-savvy familiy members are running the nodes and serve as custodians of the funds, while all others are using lightweight easy-to-use custodial solutions
Core lightning contributor here!
You are right! Currently, if you think that self-hosting your node is equal to running a wallet like the Wallet of Satoshi, you are a crazy man.
However, do you remember when Linux has just for people that run code inside the terminal? or for people that are nerds? We are not here any more ofcs you can run Arch and fuck yourself with all the complexity of breaking the packages that you are using but Pop os is really good for people that came from Windows.
So now take this concept and move inside a lightning one. Do you think that we stay as we are now forever? It is not true that a lightning wallet is a hot wallet (it is but no one is stopping you to connect an HW to it). I think that there is space to use HWs inside a lightning node.
Then with features like trampoline (that I am going to implement) and async payments, you do need to open channels anymore. If you want a lightning experience in a mobile wallet, I think in 2/3 you will get it without using the Wallet of Satoshi but just your own node.
So, do not judge lightning as it is today, there are a lot of feature on the plate that is going to happen
Just remember that when you actually do anything to upset the powers that be, your super convenient custodial wallet will ban you, or it’s bank will ban them. They may freeze your money as well.
That’s really not a solution to anything except merchants who don’t sell anything at all controversial (e.g., restaurants)…
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Bank? Dude banks are going away forever. Lmao
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You're disconnected from reality

If you think just because Bitcoin exists that means the rest of the world is gonna stop working you're not thinking clearly.

Bitcoin doesn't give a flying shit about the trillions of dollars of trade that move around due to large corps working in conjunction with big banks

And the Bitcoin financial software stack is not nearly ready enough to handle a fraction of that trade capacity.

Try stepping outside your narrow echo chamber view and see what's really happening

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Fiat currency is literally going to zero. What will "banks" have to "bank" when all there is is bitcoin? I think your viewpoint is looking at the short term. Of course banks and fiat are going to continue to exist over the next several years. My view is the long term - hyperbitcoinization. Banks become obsolete and cease to exist
Looking at some of your other responses it's clear that you're just a dumbass/trolling. Hfsp bro
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why even use bitcoin then, just use paypal
go troll elsewhere
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feed me Mr. lowner
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its trivially easy to run a node. Download wallet and done.
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Yeah a Lightning node? It's trivially easy to read my post and see I'm referring to a Lightning node, but it seems like you're incapable of doing that also.
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Interesting…
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You woke up on the funny side of your bed. 😂