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1269 sats \ 15 replies \ @anon 9 Apr \ on: Will SN Go Back To A Custodial Wallet Option? meta
Adoption’s not coming from going back to custodial wallets, or convincing your neighborhood barista to accept bitcoin. it’s coming from building more ways to actually use Bitcoin on the web. That means ironing out the rough spots in non-custodial tools and making the whole experience smoother—for users and for devs. By sticking to core principles and refining the non-custodial side, SN’s laying the groundwork for real adoption—stuff future apps can plug into without legal headaches or compromising on sovereignty.
Downside is this could end up helping future builders more than it benefits SN financially.
Even though Gigi likes to clown on car crash content, I’d love to see someone like @koob —who gets human psychology and game theory—build a lightweight non-custodial Bitcoin app that actually goes viral and hits the mainstream.
Adoption’s not coming from going back to custodial wallets, or convincing your neighborhood barista to accept bitcoin. it’s coming from building more ways to actually use Bitcoin on the web.
I second this. Normies don't care if your solution is most utopian (non-custodial, decentralized, traceless).
All they care is:
"Am I able to use this friction-less" - ease of use,
"Are you satisfying my need for instant gratification" - dopamine high,
"Are you adding more pleasure to my life" - making things intuitive.
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I'm not sure why the dig on Gigi is here, though maybe I'm not up on the latest gossip.
In the speech @anon is referring to, he said a lot that jives with the ethos of SN. My take was that he is aligned with being anti-attention economy, and is in favour of internet native-money-payments to coordinate the future of an information-economy.
Imho, nostriches, in general, seem to be paddling upstream in many ways... my pleb take.
For anyone curious, the speech being referred to was posted on SN #927206
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His video was great, until he said "you can't fake zaps" which is completely wrong, see #928481. But nostriches don't seem to care since nobody replied with a good answer to my question. Someone said he meant "you can't fake sats" and then mentioned nutzaps/cashu as the solution where mints can literally print fake sats ... but see the thread for yourself:
This issue with zaps results in either fake zaps (so you can't use them for anything interesting, else they will be gamed, so no, zaps on nostr are not a solution to the attention economy) or only zap receipts from trusted LNURL providers show up in clients.
I recently learned that apparently clients already decided that they will only show zap receipts from trusted LNURL providers so if you're running your own node, you're a second-class citizen on nostr. Nostriches just don't seem to care about non-custodial usage (it's literally embracing cashu as we speak) and yet people like Gigi declare nostr as the winning protocol when it's more like this:
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I'm not technically inclined enough to catch these nuances but that made sense the way you explained it.
I tend to think along the lines of what is written here, #776163, where relay data permanence and the notion of "decentralization" are called into question wrt nostr. Also, discoverability is unintuitive at best.
winning protocol
Oh yeah - there is like an army of influencers out there shilling it like crazy while I've not ever seen much tangible proofs of what could ever warrant this level of enthusiasm.
That said, I do find it very encouraging that these days the advantages afforded by emergent tech tends to be inverted1, compared to the past where it was the government and their agencies doing the r/d (think internet, tor etc..) Protocols being developed by ordinary programmers, seen from this lens, seems an improvement.
As a user of their protocol, I have my gripes, although I try to stay away from having a strong opinion, since there's lots going on that I don't see/understand. Tor network is almost 30 years old and is neither widely appreciated, nor very well understood by the mainstream, although it certainly has its use cases....
Footnotes
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This is a very based take.
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will only show zap receipts from trusted LNURL providers so if you're running your own node, you're a second-class citizen on nostr.
Oh yea - and fuck that. If I can't use my node no thanks.
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Well - you see, with custodial solutions you end up with regulations that make them unavailable within certain imaginary limitations defined "nation states" So.... yea. Couldn't be bothered anyway
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Janet likey!
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I'm glad the work was put in and will continue to use non-custodial wallet.
But a lot of UI and clutter is introduced to the interface to delineate between CC's and sats. I think just making everything sats, and having custodial as an option, would still streamline and improve the overall experience. Especially for new users, who may find some of these concepts too overwhelming to think about.
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That’s what I would lean towards as well. They can basically toggle cowboy credits on and off depending on the legal situation.
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Thanks for this thoughtful reply.
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