Submarine swaps enable user control over coins, Alex Bosworth argues

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Daria Chernytska

08.07.2026

Submarine swaps enable user control over coins, Alex Bosworth argues — Submarine swaps and user control in crypto

Alex Bosworth, head of infrastructure at Lightning Labs, discusses reactions to submarine swaps in the crypto ecosystem. He notes that criticism around centralization persists even though the technology is trust minimized and available for anyone to operate.

Bosworth points out that while some question decentralized solutions, many users still keep their coins on exchanges. He suggests that progress lies in shifting control and responsibility back to individual users.

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Bosworth has previously argued that possible cryptography bans could pose a risk to Bitcoin, citing the impact of enforcement costs and government economic power in a prior interview. In a separate discussion, he observed that many highly educated individuals remain unaware of Bitcoin’s benefits and often depend on anecdotal evidence rather than direct engagement, according to a past report. These views reflect his ongoing engagement with key debates surrounding user responsibility and awareness in the crypto sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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