Cryptocurrency: The BTC Lightning Nodeless Scam - Dumb Saylor Maxi's and Dorsey Donkey's

[grarpamp]

Sorry kids, you can't wrap shit around a turd and claim you invented gold.

Bitcoin-BTC-Lightning is the worthless turd that fools and charlatans
are trying to turn into gold. It simply doesn't can't and won't work.

Nodeless is a GovCorp custodial intermediary to BTC-LN.

Silicon Valley Crypto is not altruistic, it exists to make money, any way,
and by any lie it can, period, any human benefit is secondary.

As far as Human Freedom goes, it's all garbage...

Govt and Banks are now all feeding the hype on Bitcoin because they know
that since it is not privacy-enabled and that its low txrate and storage demands
and fees and corporate dominated ASIC mining all continually forces it toward
full custodial and censorship for 90% of humanity, that they can eventually
control and usurp it into becoming their Devil's CBDC, now being trojaned
upon the 90% with great fanfare of "Bitcoin" "laser eyes" "gainz" etc,
great wealthy powers playing their extraction game as usual.

Yes, you likely will make $big gainz from Bitcoin. But for so long as Bitcoin
refuses to change to become a true p2p private scaleable simple cash,
and for so long as no other Satoshi's stand up to create one, it eventually
won't be usable as *your* Bitcoin, thus becoming useless for *your* Freedom.
The best it can offer is a bizarre disheartening mashup of 1984 over Utopia.
As the saying goes, "Money buys neither Love nor Freedom".
And Freedom has never come from any Corporation or Governor.

So quit lying to yourselves, put your Freedom hats back on, and go
develop and release a simple private p2p electronic cash for the world.
That's all humanity really wants, everything else comes later from that.


https://www.forbes.com/sites/digital-assets/2023/06/26/spains-largest-bank-joins-list-of-financial-institutions-exploring-bitcoin/

https://nodeless.io/
https://decrypt.co/146312/meet-nodeless-the-non-kyc-bitcoin-lightning-processor-jack-dorsey-tweeted-about
https://decrypt.co/92482/bitcoin-payments-firm-opennode-closes-20m-series-a

https://www.youtube.com/watch?v=eafzIW52Rgc Docu: WHO KILLED BITCOIN
https://www.youtube.com/watch?v=Vq9bCuM0YQ8 Docu: QUIEN MATO BITCOIN

https://www.youtube.com/watch?v=0BZoKH-hX_o Why Blockstream Destroyed Bitcoin

https://github.com/davidshares/Lightning-Network

https://www.youtube.com/watch?v=6V365_59-Lc The Truth About The
Lightening Network
https://www.youtube.com/watch?v=UYHFrf5ci_g How The Banks Bought
Bitcoin Lightning Network
https://www.youtube.com/watch?v=k14EDcB-DcE What is the Lightning Network
https://www.youtube.com/watch?v=pOZaLbUUZUs How Bitcoin Lightning Channels Work
https://www.youtube.com/watch?v=rYBOqW9SDmE Blockstream Turning
Bitcoin Into Fiat
https://www.youtube.com/watch?v=rgts1qb0hLY Lightning Network Onion
Routing Lack of Anonymity and Other Woes
https://www.youtube.com/watch?v=sbD0kiTddEs Big Blocks Can Scale But
Will It Centralize Bitcoin
https://www.youtube.com/watch?v=tKYEQVPklLI Will Bitcoin Lightning
Network Hubs Be Regulated
https://www.youtube.com/watch?v=yGrUOLsC9cw Why The Lightning Network
Does not Scale

BTC Lightning Sucks, plenty more videos out there explain why that is.

- All parties must be online, will not be used by sleeping antipodals
- No cryptographic level of privacy
- Only useful to preload (thus lockout) your funds
from all other possible [priority] uses that may arise.
- Only useful in a one way stream to a pre-known
single recipient, such as a grocer or biller.
- Bi-dir channels are made irrelevent by old school offline
difference-keeping with settlement later, for less fees
than all the channel and node bullshit would entail.
- Fees already invalidate most small purchases,
and will eventually eat up most other use cases since
they all ultimately require settlement onchain.
- Centralization regulatory nightmare.

Bitcoin-BTC will now only be used as value store, it's fees
will rise to alienate 90+% of humanity leading to paper
shareholding schemes over centralized custody pools,
and will, after one or two more huge waves, if left unchanged,
be eventually obsoleted by a simple private p2p cash in
the next 10 years. While riding the wave, seek the cash.

"WHO KILLED BITCOIN?"

"Just keep a tab"

Lol, that's not how the real world works.

BTC+LN+whatever is taking an unnecessary bet on futures, that
somehow it will maintain stride for a final cutover to Freedom mode, or
that a mass humanthink compromise on Freedom will be accepted before
usurpation, rejection, or competition occur. None of those are likely.

Whereas crypto's history to date has already shown that the
raw power of millions of people with a *real* cash in hand around
the globe is unstoppable. Make a simple private p2p cash now!
That is what Maxi's are really describing, but are misattributing to BTC.
DeFi systems, and everything else, will come to use that cash later.



https://decrypt.co/146312/meet-nodeless-the-non-kyc-bitcoin-lightning-processor-jack-dorsey-tweeted-about

Meet Nodeless, The Non-KYC Bitcoin Lightning Processor Jack Dorsey Tweeted About

The platform makes it possible to accept Bitcoin Lightning payments without
Know-Your-Customer requirements.

Late last week, Jack Dorsey tweeted a link to Nodeless —and nothing
else. Although cryptic, the mention seemed like a stamp of approval for
the platform from one of Bitcoin’s most famous backers, sparking buzzy
excitement as well as some debate over the merits of the Lightning payment
processor.

https://t.co/LZmNol22Ho

— jack (@jack) June 22, 2023

What is Nodeless, exactly?

In short, merchants can add the tool to their website to accept Bitcoin
payments more easily. Specifically, it helps with making transactions over
the Lightning Network, which offers cheaper and faster payments over
Bitcoin and is widely heralded as the most likely method through which
Bitcoin will go mainstream.

"Our goal is to make Bitcoin a medium of exchange by making it as easy as
possible for merchants to accept Bitcoin," Nodeless's pseudonymous creator
UTXO told Decrypt.

Still, using Lightning non-custodially—without a middleman taking
control of a user’s funds—can be tricky for newer users.

In some ways, Nodeless's functionality is similar to OpenNode, another
Lightning-based Bitcoin payments provider. But Nodeless offers one key
difference: users don't have to share identifying information to begin
accepting payments using the platform. In other words, it's a non-KYC
(Know Your Customer) service.

‘Nodeless’ payments

Using Lightning non-custodially generally requires a user to run their own
Lightning node. This can be tricky for non-technical users or users
strapped for time. There are already platforms out there like Voltage or
Greenlight, however, which provide a one-click solution for setting up a
Lightning node, and where users don't have to maintain the node over time.

But Nodeless takes a different approach. Nodeless is "nodeless" in the
sense that a merchant accepting payments doesn't have to run their own
Lightning node—which takes time and resources to establish and run, and
eats up computational resources.

There's still a node involved—a node is always involved when sending a
Bitcoin or Lightning payment. But instead of a user running their own
node, Nodeless's node is the one passing on the payment. When a payment is
sent to the merchant, it's sent to Nodeless. Nodeless then immediately
sends the payment to the merchant’s on-chain or Lightning address.

"Technically we custody individual payments for several seconds while the
payment is in transit. We believe this is a fair trade-off versus the
complexities of running a lightning node," UTXO said.

So, Nodeless is technically a custodial solution in that it holds a user's
funds for a minute. But it promises to give it back very quickly. Users
provide a Lightning address or cold wallet storage Bitcoin address to
which Nodeless will promptly forward the user's funds.

Privacy money

Some Bitcoiners expressed skepticism about this model, arguing that as the
company grows, KYC requirements from governments will get more stringent.
Or, since Nodeless is technically a centralized solution, governments
could conceivably step in and force the company to stop transactions it
doesn't like.

But UTXO thinks Nodeless can bypass these pressures.

Nodeless operates legally in Canada, where transactions under $1,000 don't
require KYC identification. In the long-term, they're looking to move to
El Salvador, known for its lax measures toward Bitcoin and
cryptocurrencies, where UTXO said "this business is welcomed with open
arms."

"I also think [governments will] be more interested in the non-KYC
custodians before Nodeless," UTXO said.