This is spot-on mostly the reason why a lot of people don't like Bitcoin. Speaking from a direct experience of having marketed Bitcoin products to actual people.
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This is spot-on mostly the reason why a lot of people don't like Bitcoin. Speaking from a direct experience of having marketed Bitcoin products to actual people.
What do you mean by "source based routing"?
Why exactly do you think so tho? Hosted channels like Cashu are absolutely private and entirely just like a normal lightning channel?
I'm sure you can always see someone's npub on their profile page, but I'm not exactly sure why you'll need to confirm the age of their npub as this does not necessarily matter. In a situation where you want them to proof ownership of an account, you can always request they sign a message with their private keys to prove ownership of the npub. There's always going to be fake accounts whether here or on Twitter, but at least with signature signing, you can verify authenticity here, unlike on twitter.
I'm curious, why do you or anyone need to know that? Like, does itmatter?
Let me add this: Hosted Channels (HC): A lightning channel protocol specification that enables the creation a unique Hosted Lightning channel types. Typically designed for Bitcoin community growth. Hosted channels enable easy, and costless onboarding to the Lightning Network, allowing users who may not have upfront liquidity to still get onboarded to the Lightning network without giving up their privacy. An HC client can open anonymous, custodial Lightning channels to any HC-Lightning node, and can begin to send and receive sats across the network immediately. Bitcoin community leads could run HC-enabled nodes, enabling community members to anonymously open channels to their HC-enabled nodes without upfront liquidity commitment. This would mostly useful for users/merchants in remote, local Bitcoin communities/circular economies. Here: https://github.com/standardsats/hosted-channels-rfc HC is currently implemented in Valet Bitcoin wallet (maintained by us), a fork of the now defunct Simple Bitcoin Wallet (SBW). https://github.com/standardsats/valet
I think this exist. I've seen one. I'll find it
This might as well be the mantra that has stunted Bitcoin's growth/adoption as "every day money". This ultimately suggests "stack sats and lock up". We must now find a way to change this mantra to portray Bitcoin as money, cos that is the only way Bitcoin doesn't get caged up!
Exactly!
Yeah, I agree, Real money is absolutely worth saving. My point earlier is in line with the fact that we are trying to transition to the phase where Bitcoin becomes every day money for trade and exchange of value amongst people. So, just like "stay humble and stack sats", we should find a way to equally encourage spending some sats.
We often over flog the phrase "Bitcoin is money", hence it begins to look like the definition of money has changed. Anything of value that can be used in the exchange of goods and services, removing the need for barter, is money. The important thing we should be talking about is making Bitcoin a currency - a generally accepted/standardized money We get this done when everyone spends Bitcoin, and anyone can accept Bitcoin, or when we move the value of all other monetary media via Bitcoin.
We address volatility. We ship Valet ♦️ https://f-droid.org/packages/finance.valet.