I am withdrawing the satoshis that I earn here in zapread and I send it to my custodian wallets.
I have been using Wallet of Satoshi, bluewallet and lately Cobo wallet.
Since I had to kyc with Cobo by force I decided to sent my few satoshis to the LN wallet of Cobo, now they know who I am because of kyc and now they will know how much money I have from where I get it to where I send it, everything.
Now that I kyc myself all cobo services will work just fine until they decided to take my money.
Unfortunately the only way to use LN it is with centralized services otherwise you will have to fund your own channels first in other to receive. LN on your own mean you have to have money first to receive money. But if I have money I have to leave empty my side channel. LN in my own means I have to put money first, sent it back to chain, paid that fee than I can receive as much as I had before. Or just use centralized services which is the easiest fastest way to get LN.
Gone are the days of cheap tx fees, unless you move your money to other altcoins.
I could use a mobile ln wallet like eclair that only needs to be online at least one time each week. But ai still need to fund my channel empty it out to receive up to the initial amount. Cobo wallet in this regard could be a good channel because they have an exchange option, so I could create a channel to their node, use up my channel fundings buy some altcoins because in the real I can't use Bitcoin LN just yet. All of this requires a lot of steps just to use up my funds doesn't matter the reasons I am creating a channel it is just too many steps.
In this regard people are stupid it is hard for regular people to use a regular wallet with on chain tx, LN adds more complexity to a already complex currency.
And without users even if they are stupid how can we pretend this pig will fly.
It is hard to accept, but centralized services seems to be the solution, they will take care of your private keys and you will just send away.
Because LN is proof of that, if I want easy to use btc ln, I just need to sign up for services like cobo Wallet, wallet of Satoshi, blue wallet and other, and I don't have to pre fund anything just send and receive. I find it easier that way,
I AM PRETTY SURE REGULAR PEOPLE WILL FIND IT EVEN EASIER.
BUT USING BITCOIN.COM WALLET, LEDGER LIVE AND OTHERS ON CHAIN WALKET, IT IS ACTUALLY EASY, MUCH EASIER THAN USING CURRENT LN WALLET CUSTODIAL OR NOT.
In other words using regular on-chain wallets actually works and it will be easier for those that know nothing about cryptos, and it will be still be decentralized.
I am bashing ln because the fucking shit doesn't work as decentralized and from my use alone I have come to my very own conclusions that the fucking shit it is not ready for prime use mean while other cryptos are gaining adoption while btc sits waiting.
I would love to see any example of BTC or LN transaction censorship.