Aqua Wallet: A Great New Bitcoin Mobile Wallet odysee.com/@TraderUniversity:a/aqua-wallet-a-great-new-bitcoin-mobile:f?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq

300 sats \ 50 comments \ @Undisciplined 29 May bitcoin_beginners

Video Description

In this video, I discuss the new mobile Aqua Wallet, and how it uses on-chain BTC, L-BTC, and BTC over the Lightning Network.

The Aqua Wallet is a great wallet to bring to Latin America, or to use in your home country when on-chain transaction fees are high.

One strategy is to stack L-BTC on Aqua (receiving via Lightning or Liquid) and then swap into on-chain BTC once you have over 1 million sats.

Aqua Wallet provides a nice work-around if you don't want to have to deal with Lightning channel management on a non-custodial Lightning wallet.

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382 sats \ 6 replies \ @DarthCoin 29 May

crap wallet

0 sats \ 5 replies \ @Undisciplined OP 29 May

What's the biggest issue?

100 sats \ 1 reply \ @Lux 29 May

https://m.stacker.news/33104

0 sats \ 0 replies \ @Bell_curve 29 May

Samson has helped more people than your speculation on biblical law

0 sats \ 2 replies \ @Bell_curve 29 May

The biggest issue is that the wallet actually helps people in Latin America.

Darth is too busy padding his ego

He also hates liquid network because he hates Blockstream

He also hates liquid because it competes with his lightning guides

10 sats \ 1 reply \ @Hamstr 29 May

@Bell_curve you should hate Blockstream, these guys aren't the good guys they claim to be.

The Bitcoin core team created lighting because of Blockstream. In some sense, it should have never existed.

just remember, Blockstream is a publicly traded company, who do you think their alliance is to?

0 sats \ 0 replies \ @Bell_curve 30 May

Publicly traded?

What is the ticker?

When was the IPO?

300 sats \ 1 reply \ @Lux 29 May

scam

0 sats \ 0 replies \ @Bell_curve 29 May

Darth circle jerk

Aqua is helping people in Latin America

God forbid we help people in poor countries

89 sats \ 18 replies \ @grayruby 29 May

Very nice, easy to use wallet but you can't swap between onchain and lightning or liquid in the wallet. What's the point of having all three if you can't swap.

30 sats \ 0 replies \ @Undisciplined OP 29 May

I'd imagine they'll have that functionality eventually. It seems like that isn't easy to implement. I remember there being a lot of criticisms of how Muun attempted to do it.

20 sats \ 0 replies \ @Bell_curve 29 May

We finally launched Chain Swaps (Liquid <> Mainchain) today ✌️

0 sats \ 0 replies \ @Bell_curve 29 May freebie

Not managing a lightning channel sounds appealing especially for a novice

Swapping between liquid and bitcoin in Aqua wallet doesn’t exist in iOS. Apple Store shenanigans after the latest update.

72 sats \ 14 replies \ @zklsbn 29 May freebie

deleted by author

52 sats \ 2 replies \ @Catcher 29 May

Swaps are not working on iOS now. At least where I am. Was working fine a month ago though.

41 sats \ 0 replies \ @Bell_curve 30 May

USA restriction hopefully temporary

Side swap still works and boltz.exchange

31 sats \ 0 replies \ @grayruby 29 May

Yes looks like disabled in some regions.

35 sats \ 6 replies \ @mo 29 May

The options available speaks loud about their business model... convert everything to💧, that's sucks. The main goal should be 💧🔁⚡

30 sats \ 5 replies \ @zklsbn 29 May

deleted by author

10 sats \ 4 replies \ @supratic 29 May freebie

Are you affiliated with this wallet or any company making business behind it? Am not sure why you support this custodial bunco...

20 sats \ 0 replies \ @Bell_curve 29 May

I’m affiliated with Blockstream

Are you affiliated with Darth circle jerk?

10 sats \ 0 replies \ @grayruby 29 May

I think he is just clarifying some misunderstandings myself and others had regarding the feature set. I didn't take it as promoting it.

31 sats \ 1 reply \ @zklsbn 29 May

deleted by author

20 sats \ 0 replies \ @Bell_curve 29 May

We can’t have a discussion about aqua and liquid with the darth circle jerkers

21 sats \ 0 replies \ @Bell_curve 29 May

Boltz is great for swapping.

Side swap for liquid to bitcoin and vice versa

10 sats \ 2 replies \ @grayruby 29 May

You're right my bad. I think I assumed there was no swap functionality at all because when I first downloaded it I thought it would be a great wallet for onchain to lightning swaps but I wasn't able to do that. I recall sending some L-BTC to it from my green wallet but never tried the lightning to liquid functionality. I will look into it further.

Hopefully in the future it has onchain to lightning.

60 sats \ 1 reply \ @zklsbn 29 May

deleted by author

10 sats \ 0 replies \ @grayruby 29 May

I see what you are saying. So I can effectively get Onchain to lightning by going through liquid.

52 sats \ 1 reply \ @anon 29 May

Bullbitcoin also came out with an app that does all three (with boltz under the hood) : lightning, liquid bitcoin and bitcoin. Not supporting Tor yet though.

0 sats \ 0 replies \ @Bell_curve 29 May

https://t.me/aquawallet/4262

52 sats \ 3 replies \ @TheBTCManual 29 May

I prefer green wallet but to each their own, Marina also offers everything Aqua does, if you're keen to use a browser extension

10 sats \ 2 replies \ @Undisciplined OP 29 May

Thanks for the recommendations, I'll check them out.

0 sats \ 1 reply \ @Bell_curve 29 May

Green is better for on chain

Green supports liquid but lightning is still experimental

Aqua is easier imo. I use both.

Samson used to work for Blockstream.

Aqua has a telegram group. The admins are also admins for blockstream green telegram groups

10 sats \ 0 replies \ @TheBTCManual 29 May

Also supports HWW if you're so inclined, LN with greenlight is defs a bit of a ballache at the mo

31 sats \ 0 replies \ @RedRadish688 29 May

Tried it recently, overall ok, but I didn't like the additional fees for performing an L-BTC/lighting swap each time I send/receive lighting.

31 sats \ 12 replies \ @didiplaywell 29 May freebie

I got crucified by others (not you) for suggesting Muun.... this wallet does exactly the same, as per their docs: AQUA sends Bitcoin on Lightning via submarine swaps . I'm just curious if the frantic outcry will happen again...

31 sats \ 0 replies \ @Catcher 29 May

I think the difference is the aqua uses LBTC so during the high fee market it will still be working fine. But we'll see

10 sats \ 7 replies \ @nerd2ninja 29 May

The frantic outcry regardless of that is "It uses Liquid which is ultimately a custodial multi-sig with a bunch of companies and you aren't one of them nor do you have unilateral exit"

0 sats \ 6 replies \ @Bell_curve 29 May

But e cash federations are kosher

10 sats \ 5 replies \ @nerd2ninja 29 May

Said who? (Actually I know a lot of people who said they were, I'm just saying I'm not one of them)

0 sats \ 4 replies \ @Bell_curve 29 May

The mutiny creator

Liquid is bad because of federation

But please embrace fedimint and cashu

31 sats \ 3 replies \ @nerd2ninja 29 May

I'm not gonna embrace fediment and cashu. Its also not the first thing I've disagreed with the mutiny creator about lmao. Its not that much that I disagree with him so don't get that impression, but lets just leave it at, I'm not a hero worshiper lol.

So look I'm looking at self-custodial stuff. n-of-n multi-sig like how the lightning network is 2-of-2. So you could do more like 7-of-7, but all of the participants have to be online. So all 7 people have to be online. However, if we have CTV (or any other covenant method) we could do timeout tree vtxos and then its like the ARK protocol.

(Pending a better paper getting made) I currently like John Law's "Scaling Lightning with Simple Covenants" https://github.com/JohnLaw2/ln-scaling-covenants/blob/main/scalingcovenants_v1.3.pdf

Because I don't want banks/rehypothecation.

Now, I did see Calle talk about trading one e-cash with another e-cash atomically which was neat and everything, but being m-of-n (a federation or 3-of-4 for example) instead of n-of-n with unilateral exit doesn't sit right with me.

https://m.stacker.news/33124

But who knows, maybe we'll figure out something self-custodial with e-cash somehow...who knows what the future could hold.

21 sats \ 2 replies \ @Bell_curve 30 May

Good analysis

I like to point out the liquid federation haters who speak highly of e cash mints like Fedi and cashu. I guess they can’t ascertain fedi is short for federation. Their hypocrisy is annoying in addition to their lack of logic.

On mutiny you have to join a federation before opening a lightning channel.

I am bullish on liquid and lightning and fedimint

Federations are not the end of the world. I won’t lose any sleep over it.

31 sats \ 1 reply \ @TonyGiorgio 30 May

On mutiny you have to join a federation before opening a lightning channel.

No, you don't. We had channel opening functionality at the beginning far before adding fedimint. And nothing has changed with it.

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10 sats \ 2 replies \ @Bell_curve 29 May

Of course the immature outcry will happen led by Darth and his circle jerk followers