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.
TRUE
And I think this information asymmetry provides opportunity for companies looking to offer products using Bitcoin (and Lightning) in a custodial fashion
CUSTODY MAKES SHIT EASY
That's why Stacker News is custodial
Cos it's easy, and we're fine with it
You think just because Bitcoin exists means everyone gonna learn how to do that shit?
I guess you don't have any words of your own then hahahahah
Someone who only speaks in quotes can only think ideas others tell him to think
Keep thinkin the ideas of others buddy have a good time
I too expected more once
However, do not fear the loss of my potentially entertaining response to you for that daily dopamine hit
You can go on any number of social media platforms or porn sites and get that hit elsewhere
It's easier to have a credit card because people are socially conditioned to do so
Bitcoin social conditioning is pretty weak—cypherpunks hate getting out of the building and talking to people
I don't agree with you even if you put the text bigger.
I write my text biGGer to get more attention because I want ATTENTION
WE EARLY, yes, but also, if we're always early that means we're LATE.
The only way it becomes LATE is if we get out of the mentality that it is OKAY to be EARLY
Fedimint is GOATED
THEY FIGURED OUT HOW TO PACKAGE A SHITCOIN IN A WAY THAT BITCOINERS LIKE
IT'S GENIUS
KEEP CLINGING TO YOUR IDEOLOGY MY GOOD SIR
LIVE IN THE GLORY OF YOUR OWN DELUSIONS
JUST ADMIT: You think Bitcoin is for you so you feel BETTER than others because you "get it"
Great find buddy.
Now go and sit in the silent corner with the dunce hat because you actually don't even understand the context of the conversation, or actually say something relevant in response to my argument.
Bitcoin is neutral
It doesn't give a shit about custody or not custody
Not saying there aren't solutions to that. It just is a matter of distributing responsibility (aka distributed federated ecash shitcoin mints)
Driving could get you killed but tons of retards drive
Driving has been made retard friendly... so even retards can own a car
Bitcoin should become retard friendly so other fellow based retards like myself can use it
Ecash is a shitcoin
But that's okay because shitcoins aren't going away
Shitcoins are a necessary evil
Lightning has a bright future
But at the end of the day companies will be building products for people to make their lives easier for profit
And non-custodial is simply easier than custodial
ergo custodial will normalize throughout Lightning
But most people gonna be custodial under some corporation
I hope they work out and become a dominant wallet player for people... then I'd be happy
But if not then I'll be right and I'd still be happy
Win - Win
You're disconnected from reality
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
Try stepping outside your narrow echo chamber view and see what's really happening
I do happen to use paypal but I also fucking hate it sometimes
I also happen to use Bitcoin and also fucking hate it sometimes
Is that wrong? I don't enjoy the bullshit that comes with using a technology that's fucking inconvenient sometimes.
Good tech works well. Shitty tech doesn't work well. Learn the difference if you're gonna be in tech lil buddy.
But you're totally missing the point of the whole post that I wrote
Cypherpunks can code... but can they read...?
Brah I love Bitcoin
But we're not gonna catalyze the Bitcoin revolution by jacking ourselves off to how cool we are for owning Bitcoin
Hyperbitcoinization is not a given—it happens through the decentralized directed effort of people improving the system and introducing it to new people
And news flash buddy
Don't get so mad because you identify with this technology and I'm rightfully poking holes in its weaknesses. That's like getting mad at weights for being heavy. You're weak until you put the effort in to become strong. Bitcoin is shitty payments technology until we put in the effort to make it easier to use.
I love fucking custodial
That shit too long for me brah but appreciate the effort you put into trying to teach me
I also know fiat money bad n all that shit and custodial is basically a shitcoin