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El Guirri15d ago
That's a good question really. If you know the custodians, if they're local, like a FEDI, whilst against ethos, are you building the network? I live in Cost Rica too mate. We know the people and they're helping build out. Their mantra to people they onboard is "learn by using our wallet and please learn about self custody and get it out of our wallet". Can find criticism and ethos discussions but workshops and learning is faster. Adoption is faster. They take some fees when going on chain? Sure. They also take fees from their ATMs which happen to be about the lowest I've heard of. But I still paid opthalmologist and dentist in BTC with discount 2 weeks ago. My car tank is at last quarter and will go and fill up today and pay in bitcoin. They make a profitable business that pays people to go out and teach about sovereignty. Criticize custodial as much as you want but the net result here is a fast growing community adoption, lots more people talking about sovereignty and bitcoin. Maybe that's a little more realistic for average Joe. I pay my mechanic in bitcoin. Sometimes our communication by text is messy because he's a poor Nicaraguan immigrant who's pretty illiterate. Not sure I can see him achieving getting to where he's at without that community
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Chuck Langstrumpf14d ago
I do not criticize the people who built Bitcoin Jungle, they are awesome and they did a fantastic job with adoption in CR. Huge respect! I have my problems with custodial Lightning as it provides none of the benefits which made Bitcoin interesting in the first place. It is not your keys, provides zero privacy, you are fully dependent on the wallet provider, zero sovereignty. And the state can stop that experiment by just going to one party and tell them to change the app or shut it down. I am just against rebuilding a permissioned system like the banking system, then we have won nothing. Pura Vida :)
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