Breez announced on Tuesday its newest partner, Yopaki. This is a Mexican Neobank. Yopaki has integrated with Breez’s free and open-source SDK, which enables its users to have a non-custodial Lightning wallet without having to run their own Lightning node. You can read more about how it works.
Before I proceed, I want to admit that whenever Breez announces such things, they make me a little jealous. I wish Breez could partner up with neobanks that would be accessible to New York State residents, like myself.
The thing is though, we can’t have nice Lightning things here in the Empire State because regulation in New York — a state that seems to almost pride itself on its soul-crushing levels of red tape and bureaucracy — prohibits companies from offering Lightning services.
What was I doing?
In the Bitcoin space, we frequently hear about the challenges Bitcoin faces in scaling and how Lightning isn’t a sufficient solution. Oddly enough, though, we never hear this complaint from Roy Sheinfeld, co-founder and CEO of Breez, because he’s too busy building things that prove the Lightning naysayers wrong.
Sheinfeld, along with the team at Breez who are working to bring Lightning into every app, has been on fire when it comes to assisting Lightning users all over the world to gain access to Lightning services that do not require custody. Earlier this year, they announced partnerships with Volt in Nigeria and Diamond Hands in Japan.
Sometimes, when I’m alone, I look up at the sky and say to myself, “Why, God, why do Nigerians, the Japanese and Mexicans get access to such sweet monetary tech while my once great state — home to a city that refers to itself as the 'financial capital of the world,' but ironically doesn’t allow its residents to use cutting edge Lightning services — fades into obscurity?”
While I never get an answer, I do take comfort in the fact that the likes of Sheinfeld and the team at Breez are out there ensuring that nodeless non-custodial Lightning wallets are proliferating, enabling people to more easily use bitcoin as it was intended to be used — peer-to-peer.
Breez will be partnering with more apps and neobanks by 2025.
This is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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