• sugar_in_your_tea@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    1
    ·
    6 months ago

    Honestly, if they can prove they don’t have access to the keys, I might use their wallet, but BTC doesn’t interest me at all because fees are high and it fluctuates too much, making it useless as a currency, and Monero is the opposite in both regards.

    • kate@lemmy.uhhoh.com
      link
      fedilink
      English
      arrow-up
      3
      ·
      6 months ago

      they say in the post that they’d like to add support for more options in future so i’ll wait to see what they add. another fully open source wallet is always a good thing i guess.

      • shortwavesurfer@lemmy.zip
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        1
        ·
        6 months ago

        Based on most business readings, the idea that most transactions occur on lightning is kind of ridiculous. You see tons of businesses that accept both main chain and lightning published statistics every single month and lightning is extremely low adoption and is not increasing.

          • shortwavesurfer@lemmy.zip
            link
            fedilink
            English
            arrow-up
            2
            arrow-down
            1
            ·
            6 months ago

            Sure, but have a look at people actually using bitcoin or lightning to actually spend money on real goods and services such as at coin cards or cake pay or other services such as that and you will find that very very few people use lightning. Also, I am on Nostr promoting Monero. It is currently a Bitcoin safe haven but is slowly yielding to market forces as everywhere else is.

      • sugar_in_your_tea@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        6 months ago

        And honestly, that’s fine. I’d like a secure store of value for moving funds from “savings” (e.g. BTC) to “checking” (e.g. Monero). BTC is easier to exchange w/ fiat, Monero is privacy-focused and I only want to use it for purchases anyway.

        So honestly, them supporting lightning isn’t particularly interesting to me. It seems Lightning has been cracked by the FBI, whereas Monero is likely still safe. If the FBI can do it, surely an interested third party can as well, and that’s not great.