The example you describe, "receiving funds with lightning" is not trivial at all in a self custodial way.
Even when you open your own channel with an initial on chain transaction, you can not receive funds.
You do not have inbound liquidity.
You have to either spend the amount you want to receive first - or rent inbound liquidity from a third party.
If this is not a terrible user experience, what is?
Lightning only works well when you trust third parties.
This is not a "p2p electronic currency".
It is a permissioned system provided by third parties.
chucklangstrumpf / Chuck Langstrumpf
npub1yv…r00ky
2025-03-19 01:18:44
in reply to nevent1q…argr
Author Public Key
npub1yv54qfj70fhwkxul7zuqyztvutmegqsdjychan3fp6hsdyvmgpjspr00kyPublished at
2025-03-19 01:18:44Event JSON
{
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"pubkey": "232950265e7a6eeb1b9ff0b802096ce2f794020d91317ece290eaf06919b4065",
"created_at": 1742347124,
"kind": 1,
"tags": [
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[
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[
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[
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"content": "The example you describe, \"receiving funds with lightning\" is not trivial at all in a self custodial way. \n\nEven when you open your own channel with an initial on chain transaction, you can not receive funds. \n\nYou do not have inbound liquidity.\n\nYou have to either spend the amount you want to receive first - or rent inbound liquidity from a third party. \n\nIf this is not a terrible user experience, what is?\n\n\nLightning only works well when you trust third parties. \n\nThis is not a \"p2p electronic currency\".\n\nIt is a permissioned system provided by third parties.",
"sig": "f2b0cf4f90b4f4ed11f05d0bdf62577caf9bb87076f0c2712bd630f06b33bae949593def093aadb0c8612b77f024d756596f674db65ee2779ce6b2a61b9bcd89"
}