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And the fact that you can, at any moment, withdraw the total amount of the hosted sats instantly as final settlement alleviates a lot of the risk of tradfi custodial services. And FOR SURE the fact that I can interact without submitting personal data is the beauty of being built on the LN.
362 sats \ 1 reply \ @ev 27 Oct 2022
You're trusting SN to honor the withdrawal request, right? Technically, you don't have control of the sat balance associated with your SN account right now.
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True, but it is a better dynamic for building trust. It is a direct relationship between SN and the user. No intermediaries have to be trusted to complete the transaction.
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