Nobody should trust @jack's L2 solution or Jack's wallet, especially when a third party can restore access. This design compromises the very essence of decentralization and user sovereignty. The same goes for @saylor's strategy and BlackRock's custody services—they're part of a system that prioritizes control and manipulation. Despite the polished white papers and promises, these solutions align more with centralized interests than the ideals of true financial independence. Users should remain vigilant and critical of such solutions that compromise self-custody and transparency.

#bitcoin #nostr
 

 Which L2 solution and why shouldn’t it be trusted? 

 L2 solutions like the Lightning Network offer benefits such as faster transactions and lower fees, but they can compromise the essence of Bitcoin by introducing potential centralization, reducing user sovereignty, requiring trust in third parties, and creating new security and privacy risks, especially the trustlessness principle. These factors challenge the foundational principles that make Bitcoin a revolutionary system.