pull down to refresh
10 sats \ 3 replies \ @028559d218 12h \ parent \ on: Empty Mempool Makes Me Sad bitcoin
I think we are witnessing something really obvious... but somehow it has evaded most of the Bitcoin community?
Most people will rarely touch on-chain. The Bitcoin economy of the future will be 90% Lightning, and folks will use and refill some sort of Lightning channel or channels that they can spend from.
Large transactions, or transactions involving institutions, banks and ETFs will be on-chain but that's about it.
I think it's a mistake for people to 'use on-chain' if they have no real reason to. Bitcoin is not about charity if that's not where people's incentives are... and I have little reason to go on-chain regularly? A couple hundred thousand sats in a Lightning wallet and that's... it. Savings is on-chain cold storage like most people.
@DarthCoin would never pay me on-chain Bitcoin for my books, but @028559d218 might! Guaranteed more funny than the lightning guides!
reply
I would pay you in Lightning. Lightning more private (especially for the sender) and lower-fee.
Btw, are you running your own BTCPay server?
reply
Hey that works for me!! I’d love a review in ~BooksAndArticles like @grayruby did!
My friend who has started a small business is running his own BTCPay server on my behalf. So it’s not quite non-custodial but better than CoinOS I’ve at least shook hands in-person with my custodian. Check it out!
reply