Coinbase to integrate ⚡ Bitcoin Lightning network: CEO Brian Armstrong \ stacker news ~bitcoin

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Coinbase to integrate ⚡ Bitcoin Lightning network: CEO Brian Armstrong cointelegraph.com/news/coinbase-bitcoin-lightning-network-integration-brian-armstrong

1057 sats \ 6 comments \ @SATsStandard 13 Sep 2023 bitcoin

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0 sats \ 0 replies \ @brianh 13 Sep 2023

i honestly don't see a reason to use coinbase over kraken. kraken appears to be far more trustworthy

0 sats \ 3 replies \ @DarthCoin 13 Sep 2023

I would be very careful with this news...

As I warned many times, Conbase is the enemy of Bitcoin, they are not here to make your life easier, but the way around. Be aware of the wolf in sheep clothes!

This LN integration could trigger a series of monitoring techniques or even KYC your node if you want to withdraw over LN etc. Also they could start a massive opening of LN channels with as many nodes is possible and through that monitoring txs. I know this is quite hard to achieve and they will need to put a lot of BTC in the game, fact that do not have enough.

But do not underestimate this danger.

STOP using Conbase, no matter how "happy" you are with them.

10 sats \ 0 replies \ @locomancell 13 Sep 2023

I can see this happening. In the end they all want to track us so they can control us

0 sats \ 1 reply \ @Natalia 13 Sep 2023

I assumed the safer way is to use custodial wallets to interact with them? if people really want to withdraw founds over LN.