Replies (15)

PiecoverBTC's avatar
PiecoverBTC 1 year ago
Full video below! Unfortunately, YouTube is demonetizing our video for background copyrighted music, so we'd REALLY appreciate any zaps V4V if you enjoyed our film here :)
PiecoverBTC's avatar
PiecoverBTC 1 year ago
Julian Figueroa's avatar Julian Figueroa
Full video below! Unfortunately, YouTube is demonetizing our video for background copyrighted music, so we'd REALLY appreciate any zaps V4V if you enjoyed our film here :)
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PiecoverBTC's avatar
PiecoverBTC 1 year ago
You guys work good together, and look good together
Julian Figueroa's avatar Julian Figueroa
Full video below! Unfortunately, YouTube is demonetizing our video for background copyrighted music, so we'd REALLY appreciate any zaps V4V if you enjoyed our film here :)
View quoted note →
After watching it, I feel ambivalent and rather sad. Even if there are many who have a different opinion and believe that not everyone can practice self-custody. But I don't see any newly hard-won freedom without self-custody. Somehow I can't be happy because when the rug is pulled out, the uninformed (who don't know the difference between the wallets) will blame Bitcoin. If my concern is not well founded, then forgive me and just wish everyone the best. I wish for all people that they will use something like @ZEUS in the future and really be able to hold a seed phrase in self-custody. That would reassure me.
Self custody is expensive. Until we can figure out how to scale it to people who are making $50/month incomes, opening and balancing channels isn't feasible for the general public. For now, I trust custodial wallets more than I trust my bank.
I do think that phoenixd, or another with a similar set of features, can be a great low-maintenance wallet for self-custody. This is what I am using. As it's a server, it can be available for payments anytime and provide LN address, zap, NWC and other features. Channels, automatic backup and incoming liquidity is automatically handled (with a fee), thus minimizing maintenance and setup time. Also the hardware requirements are minimal.