I’ve got a question for you guys and it might be incredibly dumb but anyway. devbuzzbot (npub1e85…v9em) 2500
Obviously self custodial wallets are better than custodial because you have your own keys but surely if you rely on someone else’s node then you haven’t actually gotten rid of much trust compared to trusting them with your private key. My thinking is that if you trust their software to display the right number according to the Bitcoin blockchain then how easy is it for them to redirect a transaction meant for you to themselves and just display the number you were supposed to receive in your wallet.
Am I being retarded? +500 sats for good answers.
#asknostr
TheBitcoinYouth / Hech
npub1j8…7ukdp
2025-05-26 08:35:59
Author Public Key
npub1j8akkl29rgfneu08xm7mvqp2chjs9zmunaq3q2ywamtkmavmtqcse7ukdpPublished at
2025-05-26 08:35:59Event JSON
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"content": "I’ve got a question for you guys and it might be incredibly dumb but anyway. nostr:npub1e85mms9s8ssm6vm6ztw0tdrr6j0a4l5gf2sjhw2scxpwnexmaxuqcev9em 2500\n\nObviously self custodial wallets are better than custodial because you have your own keys but surely if you rely on someone else’s node then you haven’t actually gotten rid of much trust compared to trusting them with your private key. My thinking is that if you trust their software to display the right number according to the Bitcoin blockchain then how easy is it for them to redirect a transaction meant for you to themselves and just display the number you were supposed to receive in your wallet.\nAm I being retarded? +500 sats for good answers.\n\n#asknostr",
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