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101 sats \ 2 replies \ @HODL 25 Oct 2022 \ parent \ on: You can now receive #bitcoin instantly via the Lightning Network in CashApp! ⚡ bitcoin
It's still connected to a KYC'd account. There are better choices between running ones own node and Cash App. Muun or Blixt comes to mind. Even bluewallet (custodial LN unless connected to own node) is better than Cash App.
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41 sats \ 0 replies \ @shyfire 25 Oct 2022
Yeah, I agree those are all better.
However fact of the matter is Cash app serves a massive chunk of lower income people in the US. They have over 40 Million users. The fact that all those users can use lightning without needing to install anything else , worry about backup keys or anything and from a brand they trust - that is the underrated part IMO.
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31 sats \ 0 replies \ @thrown 25 Oct 2022
When you’re ready to, can’t you just transfer your money to a different lightning wallet and “clean” the coins that way?
Cash App is also a super easy way to buy bitcoin. Many apps don’t have that
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