@prashanthc
70,837 sats stacked
stacking since: #250442longest cowboy streak: 2
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A tale of an immigrant risking it all to drive Bitcoin adoption in Europe
40.8k sats \ 11 comments \ @prashanthc 30 May bitcoin
An Overview of Hardware Wallets
20 sats \ 0 comments \ @prashanthc 30 May bitcoin
5 sats \ 0 replies \ @prashanthc 26 May \ parent \ on: An Overview of Hardware Wallets bitcoin
That's a great factor, and we will include them in the next version.
0 sats \ 1 reply \ @prashanthc OP 23 Feb \ parent \ on: Lightning to bank in 1 minute - Why and what does it mean to the community? lightning
The fee is not 9%. It is 2 and we are yet to finalise it - more to have a tired model.
@prashanthc's bio
39 sats \ 8 comments \ @prashanthc 23 Feb
0 sats \ 1 reply \ @prashanthc OP 23 Feb \ parent \ on: Lightning to bank in 1 minute - Why and what does it mean to the community? lightning
This is still not certain. There is a lot more to MICA that is yet to be confirmed. However, we are currently using other services (VASP in Estonia). VASP in Estonia has recently been revamped, is MICA-like, and is almost on par with what MICA expects from a license.
Moving ahead, we would get MICA-compliant licence ourselves.
126 sats \ 2 replies \ @prashanthc OP 23 Feb \ parent \ on: Lightning to bank in 1 minute - Why and what does it mean to the community? lightning
Being able to liquidate Bitcoin anytime would allow you to buy more Bitcoin with confidence.
I used to get paid in Bitcoin. A part of my salary was in Bitcoin. All my savings except the amount I needed to live for that month was in Bitcoin.
Whenever I planned to travel, I had to tap into my BTC savings to book flight tickets and hotels. But the solution out there was so stressful that it took up to 4 days to get Euro to my bank account, and I was not even sure if it was safe to receive funds,
I spent most of my Euro salary and had to borrow Euro from a friend till the end of the month as the BTC, which I held, almost felt non-usable.
This put much pressure on me to get paid only in Euro.
Many beta users live on BTC and would not want to hold fiat at any point in time. Living on Bitcoin standards.
Many get paid in BTC as consultants for companies in other countries and would need to liquidate some of it to live.
I moved to Estonia from India in 2021 with only Bitcoin. It was easy not having to deal with the hassles of compliance with converting and transferring INR to Euro!
50 sats \ 4 replies \ @prashanthc OP 23 Feb \ parent \ on: Lightning to bank in 1 minute - Why and what does it mean to the community? lightning
Minimum id 25 Euros right now and up to 15k Euros ( we support on chain transfer too).
We can lower the limits up to 10 Euros.
100 sats \ 2 replies \ @prashanthc OP 23 Feb \ parent \ on: Lightning to bank in 1 minute - Why and what does it mean to the community? lightning
Thanks!
We are a technology company that ties financial services together in a compliant.
We partner with VASP license holders for swaps and EMIs for IBAN and SEPA transfers.
We do not hold the custody of funds at any point in time.