Oddbean

Way better than 90+% of the bets I've seen in startup land over the last decade+. Also, they're shutting down the product, not the company... have been hard at work for quite a while. I had no idea there was this much discussion on it. From what I read today, it seems to me more about people caring about their success and struggling to express it than anything else.

Awesome product. Great team. Passionate, but small customer base. Perhaps too focused on “western” adoption? Cool product for their passionate customer base, but a “nice to have” vs a “need to have” when focus of primary base is on SOV vs MOE.

I think we all want to see self custodial lightning succeed with a degree of ease on par with custodial lightning, especially where it intersects with nostr like Mutiny did. It was an exciting and promising product, and I think the hopes of it getting better with time kept people on board even with the channel closures and other issues. The ecash integration was exciting. The fact that it runs in a browser was exciting. And all you had to do was download an app or save a PWA to your phone. The hiccups were frustrating but perhaps tolerable as their work continued. But then this announcement came out of the blue, and speaking for myself it felt like they weren’t saying everything. I respect what they built and the talent it took to do it. It felt like they spent the last year building huge momentum and everyone’s trust, and abruptly pulled the plug on the very thing they built that trust on. It’s just very disappointing.

With the very recent change in leadership, including Marks as new Chief Product Officer, my guess would be that they have a new product or direction already in mind and just not ready yet to announce what it is. If I had my druthers, it would be web of trust related.🤞🏻