Posts by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
(DIR) Post #ATBYGTRhBoJ7fBvnTk by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-01T22:15:41.000Z
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“Btc tokens” are owned by a contract and multisig, you don’t actually hold them, you just have an IOU. Lightning channels stand on top of the bitcoin base chain. They’re “real” bitcoin in every sense of the word. Plus you can move them faster and cheaper
(DIR) Post #ATC3AcuzUm83dmY68e by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-01T22:35:45.000Z
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From a quick practical perspective, you can download Muun wallet and send your lightning sats to your wallet there. You can then use them as regular bitcoin from Muun (they use atomic swaps in the background to accomplish that, for a small fee).Otherwise you’ll have to stand up your own lightning node and channels, which you can close to get back to “regular” bitcoin. This requires both time and btc, and so can be challenging. That’s definitely a valid criticism of lightning
(DIR) Post #ATC3mKUETJvJTq0k1g by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-02T04:07:50.000Z
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mmm 600k sats or so
(DIR) Post #ATC4gia84du0QVeoaG by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-02T04:17:57.000Z
1 likes, 0 repeats
Yea, over $100. But if you don’t have enough bitcoin for that, the combination of Muun and something like Phoenix works fine, and you’re 100% in control of you bitcoin with those wallets
(DIR) Post #ATC5JynPiulk0YanDM by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-02T04:25:54.000Z
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Are you asking about lightning or the wrapped stuff?
(DIR) Post #ATC7EQbHdOk4PdOnuS by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-02T04:38:42.000Z
1 likes, 0 repeats
Assuming you’re using a noncustodial wallet, they’re not IOUs. The btc isn’t backed by anything, you have full possession of it. I’ll try an analogy, hopefully it’s helpful.Bitcoin on lightning is kind of like bitcoin loaded on a bullet train. Once it’s on, it can go anywhere really fast, but you can only get it off at a station (going back to base layer).And while it’s on, it can change owners any number of times
(DIR) Post #ATLowTuu31f8MQV9tY by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-06T21:02:24.000Z
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TIL elusion is a word
(DIR) Post #ATqHJG637rp7jjCbp2 by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-21T13:37:36.000Z
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If anything about zaps on nostr strikes you as “sad” consider an alternative perspective
(DIR) Post #ATqINwoIMLZBK5hJjM by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-21T14:02:49.000Z
1 likes, 0 repeats
And also, I want to say that I love your content, and am grateful for all the work you do. Just a difference of perspective :)
(DIR) Post #ATqIir0r6pfrQLXeEq by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-21T13:56:34.000Z
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No, but you can smile and celebrate how far this feature (zaps) has come in just a few months. And then from this place of positivity, realize that the status quo is 100% due to the difficulties in creating your own lnurl, and with more time people will have a self-custodial solution
(DIR) Post #ATsLN6IaHg4Odl4ZZA by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T13:42:09.000Z
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Claim 1) is not refutable. It’s a hypothetical statement about the future. But regardless, we all know the average person will adopt the most convenient setup. So either self-sovereign is more convenient, or it won’t be the most popular. And that really has nothing to do with what is most adopted currently. Claim 2) is obviously true. As far as privacy and zaps go, I doubt I will ever send an anonymous zap. I want the poster to know I zapped them, just like I want them to know I’m the one who replied to their post.Claim 3) is claim 1) rephrased. And as I said before, it has little to do with entrenchment. The most convenient solution gets the most users. Period. The only thing that can change that is if users are in a hostile environment.Claim 4) is probably true. But who cares? If you’ve already traded privacy and sovereignty for convenience, not sure why it’s a concern if custodians are being efficient.I don’t think Claim 5) is true. It’s not like custodians are sucking up funding that would otherwise go to developers of self sovereign set ups. As soon as a convenient self sovereign set up emerges, it would get a lot of users. This is like saying because fiat exists there’s less pressure and funding for bitcoin development. That doesn’t add up to me. There’s people that care about privacy and sovereignty and people that don’t. Now how about this? Any self-sovereign setup would require the user to already have bitcoin and make an initial base chain transaction right? In terms of on boarding non bitcoiners to zaps and lightning, it’s great that people are working on custodial solutions that can make this as easy as possible for newbies
(DIR) Post #ATsSdbbSMWHG2diXHE by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T14:04:37.000Z
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What I said re: convenience holds for the average person, and clearly also for bitcoiners. When presented with the problem of “how do I get an lnurl to get zaps?”, it’s clear what people chose. So WoS and get alby are sucking up the money that would otherwise go to developers of self-sovereign set ups? Give me a break. Why are we happy that custodians (the "3rd parties" Satoshi *made Bitcoin to route around*) are the preferred onboarding method for new users? Happiness has nothing to do with it. It’s about practicality and being realistic. There is a huge part of the population that does not care about bitcoin, privacy, and sovereignty. And they never will unless they get burned. The only reason they would use bitcoin is because it can do something for them (eg zapping, boosting a podcast, buying from nostr marketplace). I still want these people on nostr because I want value 4 value to reach as many people as possible. I want more customers in the future nostr marketplace. I don’t see how you on board a non bitcoiner to lightning without custodians. And if they get burned, well then that’s the best lesson anyone could ever have about the importance of sovereignty.
(DIR) Post #ATsSgPK6TVmgpCw8O0 by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T14:19:44.000Z
1 likes, 0 repeats
I was using phoenix to send zaps. It works well, although I sometimes had issues connecting to electrum. It’s worth giving it a try
(DIR) Post #ATsuTPII4OTRgbg5j6 by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T19:55:16.000Z
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So you can be jailed for posting on nostr instead of instagram?
(DIR) Post #ATsuTR9r8iupT1kNrE by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T20:01:09.000Z
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I don’t think I did. You can make an instagram without revealing your identity (as far as I’m aware). In fact, without proper precautions, wouldn’t nostr be worse? Because anyone could run a honeypot relay and see your IP, as opposed to asking Instagram for it?
(DIR) Post #ATsuTTePs4Y7CO3olk by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-22T20:10:58.000Z
1 likes, 0 repeats
I feel like you’re mixing threat models. If you want privacy from surveillance capitalism, yes, obviously nostr is better than a centralized company service. But if you’re under an oppressive regime, nostr on its own doesn’t strike me as that much of an improvement
(DIR) Post #ATuLIKuWuzCOpKTB3Y by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-23T11:30:46.000Z
1 likes, 0 repeats
Phoenix
(DIR) Post #ATuLIgLXDmHJJAGXZ2 by 0da54ff10e1931782c8db2cb7519a282cb990f39dff378dc5a2cc67a63794007@mostr.pub
2023-03-23T11:38:24.000Z
1 likes, 0 repeats
just used zeus to zap you :)not self-contained the way phoenix is though