We won’t condemn the ACINQ/Phoenix folks for leaving the US market. Yes, it’s disappointing, but we understand the position. We as US citizens need to fight the regulatory battle on our own grounds. What we will condemn them for is building a closed garden product akin to something that will come out of Silicon Valley, with no ability to switch LSPs in app or open your own channels. We’re building something with the complete opposite dynamics over at ZEUS, and we welcome all the exiled Phoenix users from the US with open arms. Welcome. Things are different here.

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deleted 1 year ago
it is true, their product was basically Muun 2.0. gotta grow up someday, btcers lets raise the bar
ZEUS's avatar ZEUS
We won’t condemn the ACINQ/Phoenix folks for leaving the US market. Yes, it’s disappointing, but we understand the position. We as US citizens need to fight the regulatory battle on our own grounds. What we will condemn them for is building a closed garden product akin to something that will come out of Silicon Valley, with no ability to switch LSPs in app or open your own channels. We’re building something with the complete opposite dynamics over at ZEUS, and we welcome all the exiled Phoenix users from the US with open arms. Welcome. Things are different here.
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There is no reason to condemn them even for that. Phoenix is a wallet that I can recommend to newbies, fortunately I am not in the draconian US where exploring technology is something that a government deems worth threatening people over. Zeus is a great product too, but it isn't going to be the first thing people will lean to outside the US. You say "they don't allow you to change LSPs within app" but taking down the app is was the kicker. They probably won't kick you out if you are using it over VPN since you don't exactly register yourself and you don't pay with dollars either. What would be the real feature would be being able to migrate a channel to another app or sell your channel to someone else p2p. 👀
Are you implying that they are refusing to participate in the development of specs for an opened standard for LSPs ? Honestly the CEO explained on @ODELL's podcast why they didn't want to let users use another LSP and it was well explained and maked much sense. But I think they should nevertheless stay opened to the idea of an easy switching tool based on these LSP specs, in case they are shutdown or forced to KYC for some reason etc... Basically a "danger zone" feature based on these LSPs specs to migrate the channel over a new LSP for extreme situation like this on for example.
I am closing all channels with ACINQ as of now. And I wish them the best.
ZEUS's avatar ZEUS
We won’t condemn the ACINQ/Phoenix folks for leaving the US market. Yes, it’s disappointing, but we understand the position. We as US citizens need to fight the regulatory battle on our own grounds. What we will condemn them for is building a closed garden product akin to something that will come out of Silicon Valley, with no ability to switch LSPs in app or open your own channels. We’re building something with the complete opposite dynamics over at ZEUS, and we welcome all the exiled Phoenix users from the US with open arms. Welcome. Things are different here.
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So witch country they are leaving next ? Its hillarious. We will end with app authorize in a country an not others. Wonder if this is how banks do where to operate and where not to. Dont forget its freedom techn XD. That for me its clown world, stop interact w this clown world. Do other thing. Bitcoin interact to munch w the clown world. So bitcoin is part of this clown circus. Where are nostr in this ? XD