brockm on Nostr: I worry that high fees could be a major challenge for non-custodial bitcoin. Even ...
I worry that high fees could be a major challenge for non-custodial bitcoin. Even with Lightning, the cost of opening a channel could become prohibitive, and this could significantly advantage custodial solutions that can offer the double-whammy of key management and free zaps.
Published at
2023-05-21 17:55:32Event JSON
{
"id": "c58c3ad3f03d892cb132476e3eb2cc385a4ef36ed2f858960f1d147ed3018708",
"pubkey": "b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000",
"created_at": 1684691732,
"kind": 1,
"tags": [],
"content": "I worry that high fees could be a major challenge for non-custodial bitcoin. Even with Lightning, the cost of opening a channel could become prohibitive, and this could significantly advantage custodial solutions that can offer the double-whammy of key management and free zaps.",
"sig": "062215556b4d8e58145fce665590070ee08209b29aef10a7df75cd08b79e0218b3e6e91ac83e40215c0481c1eac55ea1bfb6ec53c6ce1ad17322f4a5a0bbe110"
}