Funny enough, I can talk for hours about Bitcoin but know almost nothing about how the other crypto world works with all the bridges, swaps, etc. (because Crypto is crap, right?) But unfortunately, I ended up in a situation where I had to receive USDT over Tron from my brother. Twice.
Coincidentally, I listened to the WBD podcast with Samson Mow where he talked about this Aqua wallet, how it combines the best of both worlds - non-custodial, easy to use, can receive USDT and swap to BTC, all this stuff. So, I downloaded it, generated a Tron address, received USDT, and immediately converted it to BTC. It worked like a charm.
Fast forward a couple of weeks and we had to repeat the same process again, so I just told my brother to send it over and prepared to convert it to BTC, but the notification was not popping up. I waited a bit, force-closed the wallet, opened it again, refreshed every second - the transaction was not there. So, there is a Tron blockchain explorer - I thought - so we should look there. I searched for my Tron address in the block explorer and found, to my big surprise, hundreds of transactions, different balances for different tokens - a very active Tron address. It didn't really look like the address you used once, but the latest transaction was there and it was correct.
Then I realized it's not my address after all. Aqua uses a custodian company called sideshift.ai and the address is a custodian address they temporarily use to redirect to your Aqua wallet. Quite confusing, I felt the same way you feel when somebody hands you over an Android phone when you've been using the iPhone all your life.
Expecting the worst, I opened a ticket with Jan3, but they said I needed to go directly to sideshift. Sideshift's policy on the website says the recovery of the tokens is a chargeable event with $200 USD + on-chain fee. It didn't sound very promising, but still better than nothing. So, I clicked the chat bubble and started typing.
To my great and very pleasant surprise, a guy named Mac was able to get the full amount of the original transfer directly to my Aqua wallet within 30 minutes since I opened a ticket.
So, is it a happy end? Not sure. Although the support was really amazing and I'm grateful for getting my funds back, probably it's still not safe to give this wallet to your grandma. I think people familiar with Tron and using USDT transactions via Tron on the daily basis cannot imagine that the Tron on Aqua is not working the same way as Tron on any other shitcoin wallet. Maybe another reason to make fun of bitcoin maxis, as the current sentiment that I see is that bitcoin maxis are like boomers. Totally disagree, but it is what it is. Do not recommend Aqua to somebody who is an active Tron user. Do not give it to your grandma (yet?). And do not expect that it works like bitcoin wallet, read the fine print.
I like Aqua for liquid and lightning via bolts atomic swap
I have received a lot of hate mail for recommending Aqua from the usual predictable suspects.
I like the convenience of on chain bitcoin wallet, liquid and lightning functionality all in one app
I don’t use Tron or tether
Maybe tether in the future
Samson used to work at blockstream, left to create aqua etc
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I don't think tether is the future, but it is definitely a reality for many people as a dollar alternative and we have to accept it either we like it or not, aqua has a good strategy to lure people for tether usage but provide exposure to bitcoin at the same time.
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Agree
Argentines want dollars more than bitcoin. Dollar first then bitcoin.
El Salvador is dollar and bitcoin.
@Darth refuses to acknowledge this reality. But he lives in a science fiction bubble like many programmers
Stable coins are not trying to compete with bitcoin. If anything it is dollar competition
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=)) Everyone who receives a salary in local currency is basically a shitcoiner.
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Why accept a shitcoin anyway? Why is so hard to say this?
You play with shit = you smell like shit.
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I really don't see a problem getting USD / EUR and convert it to Bitcoin compared to getting Bitcoin directly. Not everybody is in the position to dictate how they want to get their money.
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You accepted a shitcoin USDT. That is the big problem.
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Some people have to use dollars or euros or tether to transact and pay bills.
Most of us are not high level like you
But we are more mature than you
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I understand what you are saying from the maximalism perspective, but there are many neuances to this and I don't really want to get into personal details. Many people use USDT as many people use USD and EUR, all are shitcoins from the macro perspective, but in many cases we are forced to use them. I was not writing this to endorse usdt or aqua, just wanted to share my story, that's it.
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we are forced to use them
No you don't. Is it so hard to say the word NO to shitcoins?
just wanted to share my story, that's it.
Stories about shitcoins are garbage. As I said... you play with shit, you smell like shit. Simple as that.
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Sorry, but you don't hear me, and it feels like you haven't even read the post, just stopped after you saw USDT, so I don't think it makes sense to continue this conversation
Darth doesn’t understand nuance.
He can’t spell nuance
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