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When Bitcoin newbies face a bad user experience
369 sats \ 11 comments \ @criptopanas 1h bitcoin
Yesterday I received a message from an acquaintance in LATAM complaining about BTC.
The story goes like this: he asked me how he could get paid in BTC for selling some used items. He already had a Coinos account, so I told him the easiest thing was to use that same account, since he could receive payments either on-chain or via Lightning.
A few hours later he wrote back because he hadn’t received the sats.
He sent me a photo the buyer had shared with him, showing that the buyer had requested a Lightning withdrawal from his exchange (in this case Binance) and the status showed as “processing.”
Both my acquaintance and the buyer assumed that using the Lightning Network meant instant payments.
The payment from Binance never arrived to the Coinos account, because in many cases invoices expire and you need to generate a new one, send it again to the buyer, and then the buyer has to restart the process to withdraw his sats from Binance.
Because of this terrible user experience, both parties (buyer and seller) ended up very unhappy with Bitcoin.
I already explained to him that the problem was Binance, not Bitcoin. If the buyer had used a self-custodial wallet, the experience would have been completely different.
Unfortunately, I’m almost certain that in their minds the idea that “Bitcoin doesn’t work as a payment method” is what stuck.
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0 sats \ 6 replies \ @DarthCoin 1h
The fault is WHO told them to use that method (Binance - Coinos). Good education matters. As I told to this guy today: #1328888
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0 sats \ 5 replies \ @SimpleStacker 1h
Yes, to me when they said Binance and CoinOS it immediately raise objections that this isn't true bitcoin.
But I still think the UX critique is justified. Usually the problem is result of some misconfiguration on one side or another, or opening bad channels. But still, a good UX would not be so fragile.
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67 sats \ 4 replies \ @DarthCoin 1h
It's al about education. The first steps a nocoiner will take are VERY important. If they were taught wrong, they will always walk wrong, because they will never know what is the right way.
I sincerely have no remorse for these losers. They get what they fucking deserve. As old bitcoiners we are always scream out loud how to do it properly but newbies don't even bother to read a bunch of guides and documentation before, they just follow a bunch of stupid influencers on YT and that's it.
BITCOIN IS A NATURAL SELECTION. Only the brave and knowledgeable will survive.
Fun fact: the OP was a shitcoiner for many years, promoting and "educating" people about all kind of crap. THAT affect a lot all people around, for years.
This is the kind of crap he was posting on YT.... and this had a lot of influence in all those that now are using the crap Binannce.
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0 sats \ 2 replies \ @criptopanas OP 49m
LOL Darth I didn´t know you keep a place in your heart for me.
We have talked over this a few times on other posts.
Please check the dates of my shitcoin videos and see for how long I've been creating content about BTC only for.
I told you in one post, that I didn´t want to delete these videos because I don´t want to hide my past. I know I've done some mistakes in my life, I'm not a perfect person like you.
Happy Christmas!
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0 sats \ 0 replies \ @AGORA 9m
The issue is those videos continue creating confusion, misleading new viewers. You can keep them on an offline hard drive.
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0 sats \ 0 replies \ @DarthCoin 47m
Your past will NEVER be forgotten ! All those years of bullshit on YT affected a lot many people. And that's why today we are in the shit we are. Those people were using Binance crap because of you and others. Never forget the damage you've done. No matter how much you want to repair today, the damage is already done.
I will always keep receipts for all shitcoiners. NO REMORSE.
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0 sats \ 0 replies \ @SimpleStacker 1h
sad
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0 sats \ 0 replies \ @AGORA 11m
he asked me how he could get paid in BTC for selling some used items.
Send him to the ~AGORA marketplace, much easier.
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0 sats \ 0 replies \ @winteryeti 44m
Most of my bad early experiences were exchange-related, usually with unexpected fees or unclear steps in crypto movement. Hard lessons learned through avoidable experience was common; however, I will note a lot of people also didn't want to help, as if hard learning was some sort of hazing thing noobies had to go through.
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0 sats \ 1 reply \ @SimpleStacker 1h
It's unfortunate, but I've had many poor experiences with Lightning as well, mainly failed payments when trying to use a vendor's pay with bitcoin option. These things happen even when I'm using my own custodial wallet.
It can be a hard to diagnose the problem, like whether the issue was no route found, or some configuration error on the vendor's side. In these cases, i'm pretty sure the configuration error is not on my side, because i've successfully used my custodial wallet to pay in other instances.
I'm not sure how to make the UX better. Maybe the big LN processors need to make use of ghost channels, or something.
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0 sats \ 0 replies \ @SimpleStacker 1h
  • by custodial here, i meant self-custodial
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