698 sats \ 2 replies \ @DarthCoin 17 Apr 2023 \ on: Custodial Lightning is Great bitcoin
I hope someday SN will offer lndhub for SN accounts. Users could use SN wallet in Zeus or Bluewallet app directly.
Hosted channels and lndhub are a good simple way to onboard new users.
Later they can add more self custodial wallets once they learn more.
I explained here a scenario that experienced bitcoiners should do: LN banks for friends and families
https://darthcoin.substack.com/p/bitcoin-private-banks-over-lightning
Nothing wrong with some level of custodial accounts, if the user is well informed.
Also if are not KYC could be a good decoy mode to receive sats with increased level of privacy.
As I explained in this guide
https://darthcoin.substack.com/p/operating-with-ln-as-a-merchant
I think there is a niche for LNDhub by @k00b after BlueWallet closing.
The question if that fiduciary duty is worth having.
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The question if that fiduciary duty is worth having.
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