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10 sats \ 3 replies \ @OT OP 5 Nov \ parent \ on: How Many Sats Are You Comfortable Having in Ecash? AskSN
No one likes losing sats, buy losing 1000 sats is not too bad at this point in time.
Let's say you use LND instead. You need large channels and you should have more than one. If one of these channels gets closed because of retards spiking fees on chain you will lose a lot more than 1000 sats. Your channel partner might decide that it's time to close down the channel and you could pay more than 1000 sats too.
Using ecash for small amounts is a good option for small payments IMO.
I disagree. I do understand your point but when I run my LND I am in a mutual multi-signature agreement. If something changes then I accept responsibility for it and I might not like it but I am going in knowing that one day the accounts must be settled. It might even be during a high fee time. I've already experienced this and it took months to settle some of my channels.
I've also been the new dick head who closed channels when I got scared so there is that, too. Again, we are going in Lightning mutually hoping that our partner is a good person. With mints I'm assuming the same but I'm just changing credit unions for credit unions.
Losing 1000 sats is too much. Losing 1 is too much. I'd rather have them stolen and valuable than locked away and just gone.
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For me it is an ideal to have your own sovereign LN node running at home. I'd like to see more stability in LN before I try that again though.
I don't see the problem of keeping a few 1000 sats in a mint for small payments for the time being. Saying losing 1 sat is too much is a bit dramatic IMO. You just paid 1 sat to post this msg!