Bullish on the UX becoming easier to get paid in bitcoin directly to your own wallet than buying and withdrawing.
Sure, we can accept payment in fiat and buy into a lobster trap. But thatβs on each of us to change. View quoted note β
Privacy must happen on the protocol level. This is why BOLT12 is important. This is why ECash is important.
Any entity or service provider that becomes too big will become a pressure point. It doesnβt matter if itβs a major LSP, a large submarine swap server, a large custodian, or a large ECash mint.
Regulatory pressure will act as a decentralization function and ultimately reduce pressure points to a local/community level. It is here on the local level where privacy has a chance.
Services, protocols and products that plan ahead to give end users control to configure their own servers have a chance at staying resilient in the coming years.
Good read. Iβd also recommend Luke Gromenβs analysis. He points out that a commodity based reserve asset would favor countries with a trade surplus.
View quoted note β
Release notes:
* Add: Redesign home, send & receive screens
* Add: Set receive amount before displaying invoice QR code
* Add: Use Breez Liquid Electrum server for instant P2P payment notifications
* Add: βBTCβ or βLNβ to receive copy button
* Fix: text input alignment on Android
A strategy that Nostr users could use to prevent spam through zapvertising is to use a lightning address that only accepts zaps that above a certain threshold e.g. 100 sats.
Since StashPay only accepts lightning payments above 1000 sats (boltz swap minimum) this might actually be a selling point for StashPay lightning addresses (an upcoming feature).
Is this something nostr users would find useful? What zap limit would users prefer? 100 sats or 1000 sats? View quoted note β