10 sats \ 1 reply \ @Storyteller OP 28 Aug 2023 \ parent \ on: Are current lightning nodes killing new small nodes? bitcoin
Thank you for this advice. I don't take it lightly. I don't want to compete with the big guys. I want to experiment with "being your own bank" and I want to eventually teach others. Like the organizations, the schools and businesses.
But indeed it is going to be harder to run your own node and I know it is a professional business for some, especially the larger ones.
I also see that if the price of Bitcoin increases that it is going to be harder to start a node and the transaction costs will be higher so the investment is going to be bigger.
I find it fascinating that I can just use umbrel and start receiving sats and sending sats. Because I have seen in the past big corporations like Paypal and Stripe deny people access to their services on some locations.
That is my main focus, educate myself and then eventually educate others.
My goals align with yours. Stick with it. I should have mentioned running a node on your phone with Breeze or Blixt. The tech still blows my mind and I've worked in tech for many years. You can indeed be your own bank and show others. You are on the right track. The time to learn these skills is now. If you are like me, you wanna know how things work even if you hire someone to do some things for you. That is how I view this. Good luck.
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