What is Nostr?
Doc Orange / Tommy Volk
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2024-03-28 16:41:13
in reply to nevent1q…sjxx

Doc Orange on Nostr: But you have to run your own BtcPay server, right? For bitcoiners that's fine, but ...

But you have to run your own BtcPay server, right? For bitcoiners that's fine, but imo the added complexity of accepting Bitcoin in a noncustodial way just isn't that enticing for most businesses (yet). The average business will only be interested in accepting Bitcoin as long as it's really easy, and for now that means using some form of custodial solution. They could use Voltage to host a BtcPay server, but then they lose the self-custody advantage _and_ they're back up to $25 per month in costs.

In a few years' time I can certainly see something like Fedimint become an easy way to accept Bitcoin. No need for lighting channel management since that's left up to gateways, and fees will likely be fairly consistent and low. But that'll take some time.
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