Expatriotic on Nostr: Lol, credit cards and the banking system are abstractions and like most abstractions, ...

Lol, credit cards and the banking system are abstractions and like most abstractions, eg Cashu, are more private than Bitcoin...

Privacy and Bitcoin shouldn't be in the same sentence, unless one is willing to go through an intermediatary like Strike or Cashu...

And sorry, but that's a non starter...

The problem is that LN creates problems rather than solving them.

Someone using Zeus embedded node should open a channel with 100k-1mil sats...

Or God forbid, they need hardware to run their own node and keep it online.

Then manage liquidity...

Anyway my point is that you end up pushing people to custodial solutions the more you push these layers with massive UX issues on people.

And that's fucked...

We have convinced people that they're bitcoiners when they're effectively reverting to the fiat system of IOUs...

Ffs

KYC or Custodial solutions... It's all bullshit... Damn it people!!! There are other solutions...