Oddbean new post about | logout
 LMAO I didn't even had to make this shit up, someone eventually wrote it unironiacally
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 A routing node is not the only option, you can run a private node and have a much better experience 
 That's exactly what I do 
 And you still are bitching about it?. 
 Hahahaha yes! Fucking connect Zeus to it and you literally have the best UX and fully sovereign. I don't believe he's running a node. 
 Private node?  

You opened multiple channels in unannounced mode?  Why are you balancing them then?  They're private, they don't route. Private channels work better when they're not balanced. Surly you've read the manual and know that?

Only public channels need to be balanced. They work better when they are balanced because it provides paid routing opportunities to route other people's payments.  

Private channels never route payments so being balanced doesn't do anything for you apart from waisting fees balancing the channels. There's no point balancing private channels.

RTFM 
 I never claimed that I rebalanced or needed to rebalance channels. Maybe instead of constantly crying RTFM you can actually read what I wrote and address the central point. 
 100% agree. The vast, vast majority of the world will never run a Lightning node in the current state of usability. 
 The vast majority of the world don’t operate their own website either. The goal is to make it easy to switch custodians. 
 Quick poll: who here believes this is the final goal? No judgement, be real
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 Holding money on a phone/watch should simply have two variants:
-Fully featured easy UX with node/lightning/mint in background (with thought-out failsafes)
-limited good ux but tiny data footprint
 
 I wouldn't say it is the goal. Complete freedom and self custody is always the goal. But I do think that this is a realistic outcome, and I don't believe it would be due to technical challenges. Most people don't want that level of responsibility that comes with that freedom. 

If one day it becomes clear that 250M+ are trying to use base layer Bitcoin, my perspective may change. 
 Folks will work 100k hours in their life but won't even spend a day a year to manage their own savings throughout their lifetime. They'll spennd money every day but think "someone else can do it, money's not my kind of thing"

Crazy to think they'll spend a day a year keeping a node reliable! 🤣

This isn't a dig on the LN protocol; there are Uncle Jim islands everywhere using their channels well.  It's aimed at "lightning" the nebulous term that means "all things not-onchain regardless of how custodial or nonprivate or poorly designed or thought out" 
 Whats your opinion on the way muun wallet handles "lightning transactions" with submarine swaps? 
 It makes it easy for people to use, but it provides a bad UX when fees are high.