It’s clear to me that Bitcoin payments just aren’t ready yet. I keep trying it, thinking “hey, maybe things are better now,” but each time I end up losing money. And I just can’t recommend something that loses money.
This isn’t a comment against Coinos — I know this stuff isn’t easy, and I actually admire that you’re working to bring all the L2s into one place. That’s why I like your platform. But I’ve learned my lesson, and I never keep much in any Bitcoin payment system for exactly this reason. I really hope you get it worked out.
The only Bitcoin L2 that’s never failed me is the Liquid Network. I know it’s centralized among a few companies, but it’s hard to argue with their track record. Green Wallet gets the job done. It’s not super fast, but it’s way faster than L1, and I’ve never lost a sat using Liquid — unlike Lightning and Cashu.
I want this to work desperately. That’s why I keep trying, over and over. But please be careful — I am sure you already have been thinking this but I am going to say it anyway. “trust is hard to gain and easy to lose.” I know I’m saying things you already know, but I just had to get my feelings out.
I believe you are trying to do the right thing. I also know this is probably just a freak accident and it might not even be your fault. I am not mad. I will give you another chance because that is what I would hope for if I was in your shoes.
Keep up the work you are doing and I am praying for your success.
Login to reply
Replies (2)
It is ready, you’re just doing it wrong if you use custodial services. A good setup for example is:
nostr:nprofile1qqs2nsd66pv44e5avmytw4ejy7k7fn8fq7rczrnaexcy8v2y484xjcspzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzamhxue69uhhyetvv9ujuurvv438xarj9e3k7mgndlcrg for lightning payments
nostr:nprofile1qqsvxq03xdev3uxehjqcdkr5lfzl5vawmcf7vm6ps73m6ghwg8y4k2spz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0dehhxarj9eekcmm5dpujuamfdcq9v6rc for on-chain checking account
nostr:nprofile1qqszuwesacyzt8wda6c7rdshl6gv3e7kxf35nld77z7arfeyndweftcppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9u5qwttc Q for on-chain savings account
Everything non custodial. It is not difficult to setup nor secure. But Bitcoin requires patience and dedication.
Bitcoin payments work just fine. Lightning over custodian channels, not so much.