Mutiny Wallet offers the ability to subscribe to Mutiny+
Once subscribed, a fee of 21,000 sats gets deducted from your wallet each month, just like a Netflix subscription using a CC.
Some key differences:
- The subscription is paid using sats not fiat
- Mutiny prompts you whether you want to approve the transaction each month. So no more surprise subscription payments that you forgot to cancel
It's implemented using Nostr Wallet Connect which I think means that Mutiny's nostr relay is acting as a subscription manager of sorts (remembers who to bill when). More details on NWC here #172405
This is the first time I've experienced a self-custodial software subscription using Bitcoin. Feels like a big deal.
This is great! BOLT 12 used to implement recurring payments as a lightning native feature. You could manage your subscriptions from the Core-Lightning CLI and drop one at any time. That feature was trimmed from the draft spec however (to be fair, BOLT 12 already has a lot going on) - I hope it makes it back in at some point as it could shake up a lot of business models and would be a real win for the consumer. It's nice to see Mutiny has a workaround to reenable this!
Nice. Finally my goofy designs for bitcoin subscriptions from 3 years ago become relevant. Same general idea that the wallet prompts you in time, but with BIP 47 payment codes. This makes a lot more sense with lightning and Nostr now.
Oooh, that's a cool use of NWC. What does Mutiny+ give you?
They're still figuring it out, so it was just a donation from me for now.
Blog post with some details just dropped: https://blog.mutinywallet.com/mutiny-wallet-open-beta/