Writing calls on etf btc for every month we don’t get sbr— not a bad strategy

Hosted channels were originally thought of as being custodial all the time, which probably explains why proponents of them went on to build ecash (and why they weren’t taken up much by self-custody wallets) But I think hosted channels do have a place among LSP assisted self-custody wallets, because simply, you can’t self custody 20 sats of bitcoin. The biggest benefit of hosted channels is to provide a lightning native experience that upgrades easily to self-custody. An LSP just needs to not broadcast the on-chain txn The wallet client operates as normal. When you have a big enough balance, you can upgrade. Hosted just for the period of time you need it. It’s a real path from zap onboarding to full bitcoin ownership. Products for real people need to pick and choose from what we have for the best experience. More on that here

sats.build

Building Self Custody Lightning in 2025

It's time to start building the bitcoin ecosystem we started in 2023 and never got to finish.

I miss the old @calle Though easy to see how this morphed into cashu

Trust is a spectrum 🚩 You own it or someone owns you.

Oh olas is very cool

“We need more bitcoin core development to make Bitcoin work / popular.” It’s like saying we need to change HTTP to make the web popular. HTTP did not make the web, websites did.

This guy just spews poison now View quoted note →

It’s too bad Fiatjaf took Paul Szortc so seriously. At least we have nostr now.

Gm @fiatjaf (and @andre ) Thanks for making hosted channels a thing (actually thanks for this whole suite of tools and ideas). I think these make a comeback

I gave up on the internet a long time ago. The Math is Simple, there won’t be enough IPs for everyone unless we make some Big Changes