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11 sats \ 4 replies \ @028559d218 10h \ on: Falkvinge Criticizes Lightning (2018) bitcoin
My understanding is that Bolt-12 and lightning addresses help mitigate the first one. Even if the user isn't online... a lightning address (Zeus has this) will 'lock up' the payment for up to 24 hours. After which it is returned if not claimed...
My solution would be to have payments go to bank-custody wallet with high uptime, and drain funds immediately to self custody whenever possible, ideally it could be done within seconds.
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I think people will use a combination of self-custody and on-chain.
On-chain for savings, like a savings account.
Lightning for checking/daily spending... and when the channel is depleted people will refill it from an exchange or bank-like entity. The same thing which is technically possible today. Ie a lightning withdrawal from the exchange/bank to a self-custodied lightning wallet. I also believe that liquid will play a role in this (with atomic swaps) as a safe(r) intermediary between lightning and the exchange/bank if necessary.
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