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0 sats \ 4 replies \ @vSats 13 Aug \ on: Lightning Wallet for a non technical newbie? lightning
This is my experience. Mind you, im not new to Bitcoin, but is new to LN. I am also very technical, still I find choosing wallets mainly for its easiness and security.
I’m currently using Breez. I was looking to use Alby, but they are still in development, and I haven’t got an invite.
I’m looking ways to let my teenage children start stacking.
I’m looking ways to let my teenage children start stacking.
Learn to be a LN bank "uncle Jim" for your family:
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No. Fees are not the "killer app".
The killer app / feature is the permissionless of transacting with BTC anytime, anywhere, freely. If you still do not get that, you still have to learn more about Bitcoin.
Start here:
- https://darth-coin.github.io/general/bitcoin-commandments-en.html
- https://darth-coin.github.io/general/21-reasons-why-bitcoin-en.html
- https://darth-coin.github.io/general/21-bitcoin-orange-pills-en.html
- https://darth-coin.github.io/general/general.html
People are getting it wrong Bitcoin, that is about "less fees"... it's all about FUCK THE BANKS AND GOVS.
Transacting with Bitcoin IT IS NOT FREE !
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I’m talking about this part, in the context of me being the children’s banker:
His clients also can have a "fidelity" wallet on your same LNBits. Your friend can open one for them and setup to be used with Zeus or Bluewallet as lndhub wallet. With this wallet will have 0 fees because is internal, is NOT even reflected on LN transactions, nor onchain! Yes they can pay also with whatever other LN wallet, but this one can be used as "fidelity" client wallet. Later can be even implemented with a NFC card that is loaded with sats and spendable directly to your friend shop wallet.
That’s the reason I will use this approach. I will send sats to them daily. So it makes sense for me to avoid the fees.
They will pay the fees when they send payments.
That is my understanding based on what I read. Did I get it wrong?
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