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Alby | 2 months ago (raw) | root | parent | reply | flag 
 Could you share some details what was heppening?
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niefiducjarny | 2 months ago (raw) | root | parent | reply | flag 
 I think Brad is trying to say that he's a bit lost in the rabbithole L2. Why exactly can't we trust you guys with node? Do you really think that every single nostr user should run their own node?

I mean I can understand importance of self-custody and safety etc. but for some people this is not needed at this point. 

Or do I miss something? Why I shouldn't simply trust you with the node and enjoy memes as on any other social media platform?
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ek | 2 months ago (raw) | root | parent | reply | flag +1 
 You can run Alby Hub with a Cashu mint as the backend.
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Dikaios1517 | 2 months ago (raw) | root | parent | reply | flag +2 
 Consider the regulatory risk of being a custodian/bank for randos on the Internet.

Also consider the liquidity required to run a Lightning node being used by hundreds or even thousands of people.

Alby had a limit of 1m sats per user for their custodial wallet. At just 100 users that requires a full Bitcoin of liquidity. It also requires your channel partners to have sufficient liquidity to forward payments. Every 100 users after that requires another full Bitcoin of liquidity that has to be locked up in a "hot wallet" since the device holding the keys has to be connected to the internet at all times.

I don't blame them one bit for discontinuing the custodial offering.
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Dikaios1517 | 2 months ago (raw) | root | parent | reply | flag 
 The age of centralized custodial #Bitcoin #Lightning wallets is ending.

Long live the distributed "Uncle Jim" custodial wallet model!

nostr:nevent1qqspvyxlrgap7z580c8k94vhnuev2k52watygxqxye47pu5as4ylf6gpz3mhxw309akx7cmpd35x7um58g6rsd3e9upzpde8f55w86vrhaeqmd955y4rraw8aunzxgxstsj7eyzgntyev2xtqvzqqqqqqyvyect0