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paxchristi
Member since: 2025-06-30
paxchristi
paxchristi 7h

#asknostr Lightning isn't good enough for the average user. Managing liquidity even with an app like Zeus is frustrating, even when using LSP. I'm currently trying to create an invoice, and it's just not happening - also the LSP channel is bouncing on and off line.. I ran my own lightning node for a while, and it was a complete pain - the average user isn't going to do this. Cashu is fine for small amounts, but it's 100% custodial, yes it's great for privacy and resolving (mostly) liquidity issues but it's doing an about turn on (for the user) one of the most fundamental aspects of bitcoin - self-custody. I listened to on 'What bitcoin did' and I'm sorry to say, he was not listening to the genuine concerns Paul Sztorc was raising (I'm not a proponent Drivechain at all, don't know enough about it). But was not listing to Paul's fact that lightning literally cannot scale/serve the global population, to be used as their primary bitcoin payments rail. Because of the block size bottleneck, it’s not physically possible for the Bitcoin base layer to create enough UTXOs to give every human a channel anchor. At most, the chain can add a few thousand usable UTXOs per block, which is about 10–20 million new UTXOs per year (depending on transaction structure and usage). To address these limitations developers are introducing more complexities with things like factories etc, but this was another point that Paul was making, if we start building more and more on top of something that from the get go is limited and has negative UX aspects liquidity etc, it might not be the best approach. Paul's rebuttal was that, look it's working - therefore, no problem etc Or Cashu working and can address scaling, but it's fully custodial, so to Paul's point again, if things like Cahsu are the solutions to lightning limitations, it's not good enough, (we're giving away self-custody) Additionally new comers to the space will have to grapple with the above - e.g. trust Paul (in the countries he's working in) that trusting other people with their sats (Cashu) is fine for x duration (why they ask?) to then have to explain why it's necessary (and how to) sweep their funds to something like Zeus, explain LSPs, liquidity, nodes etc and finally explain sweeping sats from lightning to bitcoin is necessary, and what full self custody genuinely is. I'm not saying providing this education to each person who comes to the space isn't possible, I'm just saying maybe we're building out the wrong things (the ladder is on the wrong wall) To sum up: Lightning UX isn't up to scratch (liquidity issues, LSPs, channel management etc) even Alby/ Zeus is frustrating and plenty complex for a semi-technically proficient person Lightning wont scale globally, if it does it's done with additional complexity and patch work, with come with significant trade-offs. I'm looking at Spark at the moment which seems promising, and could 'Simplicity' by be something? Finally I'd like to thank everyone in this space, and all the work they do especially all those explicitly mentioned above. would love to see more conversation(s) around bitcoin scaling 🙏 Here's https://fiatjaf.com/04e9e814.html article on lightning limitations that Paul referenced, but I don't believe read (at least prior to the WBD episode)

#asknostr
paxchristi
paxchristi 4d

Didn’t Nvidia prove they landed on the moon using ray tracing?

paxchristi
paxchristi 5d

What about the malevolent social engineers? How did they become what they are? If they had full knowledge of the creator and mainframe etc how was it that they became corrupt? I.e. how could such an intelligence with such knowledge of the goodness of the creator actually want anything else other than Him. I feel like this is an inaccessible mystery - I see. I reason why they would choose anything other than their creator. If we say there was some imperfection in them that allowed for their choice, we say that the creator programmer didn’t create their agents (angels) perfectly. Why were they allowed roam around the creation to inject malware, why were they not quarantined themselves. Finally why are those that chose not to upgrade left in a far worse quarantine eternally, why not permanently erased? And why were they let roam around?

paxchristi
paxchristi 8d

Feedback : Something feels off with the typography/font.

paxchristi
paxchristi 6d

GM!!

paxchristi
paxchristi 3d

But what’s actually happing here then? It’s a regional nostr or something?

paxchristi
paxchristi 12d

Haha ok yea more please! Also is there a bitcoin anti-surveillance state manifesto anywhere? 😅

paxchristi
paxchristi 13d

Hey in what way did 4 hour workweek impact your life? How did you (without giving away secret sauce 😆) make it work for you? Thanks!

paxchristi
paxchristi 27d

GM!

paxchristi
paxchristi 29d

Really? Really now, I love how we don’t know we don’t know. But really? Maybe I don’t want that much money. I mined in 2009 I remember seeing a block mined and rewarded / I sold that computer and hard dative with the bitcoin. I often think about how God took that away from me because I wouldn’t be in a good place in my life now and later. Think about it, money can ruin you.

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