Did you notice how CEXes are reducing the maximum withdrawal amount for the #LightningNetwork? Just two months ago, I could withdraw up to 25,000 sats from Binance using Lightning. Now, the maximum is 9,999.

What will happen if they continue to reduce the maximum withdrawal amount on Lightning while increasing fees for on-chain withdrawals?

On-chain withdrawals on CEXes range anywhere between $5 to $50, even when the on-chain transaction rate is minimal, costing only $2-3 to send #BTC using a self-custodial wallet.

Is this a subtle way to discourage people from self-custody? 🧐