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21 sats \ 5 replies \ @Scoresby OP 26 Mar \ parent \ on: Is custodial bitcoin really worth anything? bitcoin
Good point about the difference between exchange BTC and ETF vouchers.
Let's think about sats on SN. None of us have our keys here. But we can withdraw at any time and so until that changes, we treat SN sats like real sats.
When using external wallets on SN gets built (note my effortless confidence in the SN devs) we will all be using Lightning and so no problem.
But what if external wallets turns out to be more trouble (expensive) than it's worth for the SN use case?
What if an ecash mint makes more sense? In that case, would it be different than using a database (which is what I assume SN does now)? That difference us what curious about.
When using external wallets on SN gets built
You can already attach external wallets via NWC. The UX does not match the custodial UX as much as we'd like yet (it's one of our priorities right now) but it's something that's already possible.
Not sure if you already knew, your comment didn't sound like it.
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Haven't used nwc much. Does this mean balance gets held on the external wallet and zaps come from there?
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Yes, I use this from @benthecarman
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That's pretty cool! I thought we were still just at auto withdraw above a threshold and that's it. Man, you guys are awesome!
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