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@ Marc
2025-04-23 20:25:03If you've made one single-sig bitcoin wallet, you've made then all. The idea is, write down 12 or 24 magic words. Make your wallet disappear by dropping your phone in the toilet. Repeat the 12 magic words and do some hocus-pocus. Your sats re-appear from realms unknown. Or...Each word represents a 4 digit number from 0000-2047. I say it's magic.
I've recommended many wallets over the years. It's difficult to find the perfect wallet because there are so many with different security tailored for different threat models. You don't need Anchorwatch level of security for 1000 sats. 12 words is good enough. Misty Breez is like Aqua Wallet because the sats get swapped to Liquid in a similar way with a couple differences.
- Misty Breez has no stableshitcoin¹ support.
- Misty Breez gives you a lightning address. Misty Breez Lightning Wallet.
That's a big deal. That's what I need to orange pill the man on the corner selling tamales out of his van. Bitcoin is for everybody, at least anybody who can write 12 words down. A few years ago, almost nobody, not even many bitcoiners had a lightning address. Now Misty Breez makes it easy for anyone with a 5th grade reading level to start using lightning addresses. The tamale guy can send sats back home with as many tariffs as a tweet without leaving his truck.
How Misty Breez Works
Back in the day, I drooled over every word Elizabeth Stark at lightning labs uttered. I still believed in shitcoins at the time. Stark said atomic swaps can be made over the lightning network. Litecoin, since it also adopted the lightning network, can be swapped with bitcoin and vice-versa. I thought this was a good idea because it solves the coincidence of wants. I could technically have a sign on my website that says, "shitcoin accepted here" and automatically convert all my shitcoins to sats.
I don't do that because I now know there is no reason to think any shitcoin will go up in value over the long-term for various reasons. Technically, cashu is a shitcoin. Technically, Liquid is a shitcoin. Technically, I am not a card carrying bitcoin maxi because of this. I use these shitcoins because I find them useful. I consider them to be honest shitcoins(term stolen from NVK²).
Breeze does ~atomic swaps~~ peer swaps between bitcoin and Liquid. The sender sends sats. The receiver turns those sats into Liquid Bitcoin(L-BTC). This L-BTC is backed by bitcoin, therefore Liquid is a full reserve bank in many ways. That's why it molds into my ethical framework. I originally became interested in bitcoin because I thought fractional reserve banking was a scam and bitcoin was(and is) the most viable alternative to this scam.
Sats sent to Misty Breez wallet are pretty secure. It does not offer perfect security. There is no perfect security. Even though on-chain bitcoin is the most pristine example of cybersecurity on the planet, it still has risk. Just ask the guy who is digging up a landfill to find his bitcoin. I have found most noobs lose keys to bitcoin you give them. Very few take the time to keep it safe because they don't understand bitcoin well enough to know it will go up forever Laura.
She writes 12 words down with a reluctant bored look on her face. Wam. Bam. Thank you m'am. Might as well consider it a donation to the network because that index card will be buried in a pile of future trash in no time. Here's a tiny violin playing for the pre-coiners who lost sats.
"Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone." --Sathoshi Nakamoto, BitcoinTalk --June 21, 2010
The same thing will happen with the Misty Wallet. The 12 words will be written down my someone bored and unfulfilled woman working at NPC-Mart, but her phone buzzes in her pocket the next day. She recieved a new payment. Then you share the address on nostr and five people send her sats for no reason at all. They say everyone requires three touch points. Setting up a pre-coiner with a wallet which has a lightning address will allow you to send her as many touch points as you want. You could even send 21 sats per day for 21 days using Zap Planner. That way bitcoin is not just an "investment," but something people can see in action like a lion in the jungle chasing a gazelle.
Make Multiple Orange Pill Touch Points With Misty The Breez Lightning Address
It's no longer just a one-night stand. It's a relationship. You can softly send her sats seven days a week like a Rabbit Hole recap listening freak. Show people how to use bitcoin as it was meant to be used: Peer to Peer electronic cash.
Misty wallet is still beta software so be careful because lightning is still in the w reckless days. Don't risk more sats that you are willing to lose with it just yet, but consider learning how to use it so you can teach others after the wallet is battle tested. I had trouble sending sats to my lightning address today from Phoenix wallet. Hopefully that gets resovled, but I couldn't use it today for whatever reason. I still think it's an awesome idea and will follow this project because I think it has potential.
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¹ Stablecoins are shitcoins, but I admit they are not totally useless, but the underlying asset is the epitome of money printer go brrrrrr. ²NVK called cashu an honeset shitcoin on the Bitcoin.review podcast and I've used the term ever sense.