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Yes true, but why are people obsessed to receive directly on the node? We are using coinos as proxy to send/receive LN sats, then if receiving threshold is reached move it onchain leaving a reserve amount for future zaps and general expenses.
this territory is moderated
Running things locally is both a privacy and security concern.
Coinos can probably see all of your payments (and maybe custodies them too?) which means you might as well be using Coinbase or something
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Exactly. When bitcoin is $1m per coin, how much will criminals pay for a database of customer addresses that bought a bitcoin shirt on some Shopify store in 2025? The bigger the honey pot, the more bears you attract. Self-hosting this stuff reduces certain threats and allows a good merchant to delete the data.
why are people obsessed to receive directly on the node?
Because trust comes with tradeoffs. In the case where you're running a store via a custodian, not only are you trusting the custodian with your money and privacy, you're forcing your customers to trust the custodian with their privacy should it leak (which it inevitably will via lightning address, invoice descriptions, etc).
Also, even if you don't care about the amount you're storing with custodians, should they disappear you will be ill-equipped to self-host because no tools will exist because everyone who might build and use them were shamed for being "obsessed" with the inevitable.
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0 sats \ 8 replies \ @AG 22 Mar
Now we are talking! Data retention is something we cared about since the beginning of setting up online the agora shop.
For the inevitability of custodian disappearing at some point, well that's part of the game. In our case, we could not find better solution for now. Definitely interested to explore more BTCpay server, I see it easily implemented with woocommerce a and enable the collection of buyers' information for shipping in a safe and self-hosted way.
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Exactly. As bitcoiners we should all care about this stuff even if we aren't ready to act on it ourselves yet. And, we should cherish the people that do care about this stuff, because they are few and are making the world more private and secure for us (should we need such things).
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0 sats \ 6 replies \ @AG 22 Mar
So you post this to raise awareness on stackers, buyers ad sellers or we gonna see soon a shop.stacker.news? What does not convince you on the wp + woo + btcpay solution hosted on umbrel?
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We are selling zines, and until we add e2ee native marketplace features here, I'd like to figure out the next best option.
0 sats \ 2 replies \ @AG 22 Mar
Why should I use Coinbose or similars scammers? have no need for it. We make sure we don't leave there any big amount and rotate onchain addresses each time. I don't see the issue. Or are you saying that coinos is using coinbose? I don't get it...
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I am saying that when you use trusted third parties, you open yourself up to a loss of privacy and security.
k00b wants to be able to run things himself but it’s very difficult. This is why we have to rely on third parties.
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0 sats \ 0 replies \ @AG 22 Mar
make sense, we are ok with coinos for now, as it is the best solution we could have found and implement, we assume it will change. Ideally the setup mentioned above umbrel + wordpress + woocommerce + btcpay seems to be the best, also from a privacy and security perspective. We may try to set it up soon.
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