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46 sats \ 3 replies \ @dollarparity 7 Aug \ parent \ on: Mutiny Wallet is Shutting Down bitcoin
That was a very thoughtful response you wrote on Nostr. I agree that lightning is not nearly as elegant as Bitcoin and I hope a better solution is discovered one day.
Lightning has a specific purpose and function and we get into trouble when we expect it to do things it was not designed for
Do not let perfect be the enemy of good
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To answer both you and @dollarparity, I want Bitcoin to get better irrespective of my opinions on my altcoin of choice and privacy coins; Lightning has clearly shown itself as only benefiting custodians who can afford to eat the cost of unintended force closures and endless channel liquidity, while individuals unless extraordinarily lucky usually get shafted.
Despite the concerns of others in regards to centralization and the potential for rugpulls, I'd much rather refer to Cashu wallets that does what Lightning does better to prospective self-custody newbies than any pure Lightning wallet simply due to there being less to think about.
In spite of that, I've also advocated for Lightning functionality (as much as can reasonably be implemented) to be a native part of Bitcoin Cash's base layer since it's already suitably made for it. To deny what Lightning does right would be to be technically and cognitively dissonant, but it sucks a lot more than it doesn't on a user level unfortunately if you'd rather utilize it self-custodially.
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That’s fair
I have to admit having to pay to open a channel is annoying
I have become a fan of CoinOS and Boltz swaps plus liquid
Edit: I have also become a fan of cashu
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