reply on: Aqua Wallet by Jan3 to go Open Source in as Little as a Week \ stacker news ~bitcoin

40 sats \ 13 replies \ @GregAsks 15 Jan \ on: Aqua Wallet by Jan3 to go Open Source in as Little as a Week bitcoin

You mean shitcoin wallet?

50 sats \ 6 replies \ @ZezzebbulTheMysterious 15 Jan

No, L-BTC and Lightning, both forms of Bitcoin. Sats are not shitcoins, regardless of their form.

L-BTC is not a form of bitcoin, its pegged to bitcoin but you need permission to peg out. You can't possibly compare it to lightning.

0 sats \ 0 replies \ @GregAsks 15 Jan

True 👍

0 sats \ 1 reply \ @pillar 15 Jan

I would have a hard time being convinced that L-BTC is Bitcoin.

The fact that you can buy and sell Liquid with Bitcoin doesn't make it Bitcoin. By those standards, Ethereum is Bitcoin because you can easily peg in and out of it. Probably more easily than with Liquid.

0 sats \ 0 replies \ @freetx2 15 Jan freebie

By those standards, Ethereum is Bitcoin

No.

L-BTC only comes into existence when it is backed by BTC. There is no independent supply of L-BTC aside from that.

Its fundamentally no different than a fedimint from a practical perspective

0 sats \ 1 reply \ @GregAsks 15 Jan

No thanks for worthless shitcoin i stick with real bitcoin. Cry harder 😂

0 sats \ 0 replies \ @freetx2 15 Jan

Odds are you are a bitcoin larper....and sadly when it comes to Lightning we are all bitcoin larpers.

We pretend to care about the fundamentals of bitcoin, but 99% of us only use it in a permission-ed and custodial way (Alby, Wallet of Satoshi, Phoenix, etc)

AQUA - while not as good a true self-sovereignty - is better than most of the single custodian solutions.

I mean if you think fedimints are a good idea, there is no philosophical differences to L-BTC.

31 sats \ 5 replies \ @b33tle OP 15 Jan

Cute, especially coming from a guy who uses alby custodial.

0 sats \ 4 replies \ @GregAsks 15 Jan

At least they don't pretend to be my friend who give me worthless token...

14 sats \ 3 replies \ @b33tle OP 15 Jan

..I'm guessing you aren't up to speed with alby's affiliations yet. Well...this is awkward 😅.

0 sats \ 2 replies \ @GregAsks 15 Jan

I also don't trust alby with my satoshi. But they don't force me to use shitcoin like L-BTC or Tether or other shitcoin in the future...