Replies (60)

Whatโ€™s a lot? What if the richer Bitcoiners normalize these wallets for the less fortunate who (ultimately have to?) put a larger portion of their stack or all of it in?
They'v been really aggressive on nostr inside their own app ... which is really annoying when you consider that the only people who can zap those addresses and folks with IPs from select states ๐Ÿ˜‘
They will stay there as long as they're okay with potentially losing everything they have there. If they have thousands of dollars worth of Bitcoin they're not going to feel as safe leaving but there as it's pretty easy to self custody on chain and fee isn't really a problem if you have that large of a stack.
i m not understanding this. the #lightingnetwork wallets do not allow you to hold your keys. the only way is to run your own lighting network node. correct? so i do not understand this post
How can i get a customized url for primal.net? ie primal.net/jack
MountainLion's avatar
MountainLion 2 years ago
Meant more as a joke. Any time I see a company have bees or honeypots in their media it strikes me as odd. People here all the time worry of bitcoin honeypots, and they go with that symbol type. Lol
Then they won't benefit by paying exorbitant fees to be on chain or by spending fees and loads of time managing a lightning node anyways.
If they're too lazy to care about who has access to their life savings then it's going to be a hard lesson for them at some point in the future. Best we got is to educate people on the pros and cons. The pros of self custody on chain far outweigh the cons for large sums of money. For small sums of money, the pros far outweigh the cons for custodial lightning. The con to custodial lightning are that I risk losing an amount of money I'm... okay with losing...
Lol I mean yes, but I'm not gonna configure my vpn to one of the whack-a-mole states they support just to zap a zbd user ... it's such a strange thing to ip filter anyway, that and NIP-05 resolution. I guess it makes sense if your ingress logs are regulated too ๐Ÿคท๐Ÿฝโ€โ™‚๏ธ
an address used for both sending and receiving on a single provider should be counted twice, as a lot of users use one provider for sending and the other for receiving
I guess it's from people signing up on zap.stream, they get an LN address which people can use to zap their balance there. But i didn't expect it to be so much..
The trigger should be transaction/balance limits, and custodial wallets should tell you to either shift to non-custodial or do some egregious KYC step at a certain limit ... custodial wallets need to become deliberately painful at a certain level of usage, and they should also provide easy pathways to non-custodial at that point as an option ... which is why things like WoS's 5 BTC per transaction limit is such a huge red flag for me
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