42 sats \ 4 replies \ @kr 3 Apr
i think of them as a Stripe for Bitcoin payments, though others on here may be able to offer better descriptions
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They are backed by the fucking bansksters! Paypal is behind them and many other bad guys. WE WILL NEVER FORGET
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Co-inventor of lightning works for them.
U need to chill
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This isn't a popularity contest. Coinbase is cucked so any lightning implementation they use will need to be as well.
The good thing is we'll get to see soonish how hard it will be to go from Coinbase to sovereign private savings.
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That is even more concerning.
U need to chill
If I chill people will get rekt
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Bitcoin bank in EU offshore jurisdiction.
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Think this is important to recognize.
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Yes. I think bitcoin banks are important but probably nany states should sink first for them to be able to make difference.
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0 sats \ 0 replies \ @xz 3 Apr
I actually don't know much about this bank.
Had me thinking about one that was located in Gibraltar and offering custodial solutions to accredited investors. I see the same problem with gold investment vehicles, which seems to be the exact analogue to how 'investors' trust the institution, the regulation, and it tracks the price of the underlying asset. The smaller the investor, the less the likelihood to take physical ownership, as with ownership of keys.
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0 sats \ 0 replies \ @xz 3 Apr
"Lightspark is the easiest, most reliable, enterprise-grade gateway to Lightning, enabling money to move just like bits and bytes do on the Internet."
I like to try to see balance and that sometimes the truth lies somewhere in the middle.
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