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DevilishLemonBar 🦥⚡🏳️‍🌈 | 3 months ago (raw) | root | parent | reply | flag +3 
 using nostr private keys to custody bitcoin is probably the most reckless thing you can possible do knowing how people treat their private keys

without safe secs keep the nsec away from your corn
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TheGuySwann | 3 months ago (raw) | root | parent | reply | flag +2 
 I agree. I'm not saying you would do that. I'm saying you could:
1. Generate an nsec from your bitcoin private keys
2. SEND to any nsec if you wanted to. (the receiver would be highly encouraged to send to a real bitcoin wallet after receiving if someone sent them something)

#2 is basically moot if #Nostr contacts are integrated into wallets, because you can have the clients communicate to get payment details if desired.

I'm not suggesting to advise people to generate a #nostr ID and then use that as their bitcoin wallet keys. I'm just explaining that the standards are exactly the same and the UX could be vastly simpler than we currently have it across the ecosystem by thinking about it this way.
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justicebeaver | 3 months ago (raw) | root | parent | reply | flag +3 
 I disagree. The average user is going to have very little actual funds in this sort of wallet. It’s essentially equivalent to an actual physical wallet. You might keep a couple hundred dollars and understand the risks of losing it. Keeping your life savings in this sort of account anyhow. This is for small payments and simple and simple things.
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Rand | 3 months ago (raw) | root | parent | reply | flag +2 
 i'm interested for small payments. more choices the better until market forces
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TheGuySwann | 3 months ago (raw) | root | parent | reply | flag +1 
 There is absolutely a point to made about the risk of using a Nostr key for real money, but then when the alternative is to use a custodian, I think the argument is basically moot. It's obviously better to have self-custody of a small amount of funds and an alternative way to communicate and pay each other where you hold your own keys than not, regardless of the trade offs or risk. Everything has risk.