0 sats \ 3 replies \ @rasputin 21 Aug 2022 \ on: Choosing a good Lightning wallet bitcoin
Have you considered Blixt (android only)?
Also I've definitely been charged more than that by Muun.
Blixt is my favourite lightning wallet (android only atm). I recently compared the main non-custodial lightning wallets as I was onboarding a friend. From my experience, with Blixt you have much greater degree of control over channel management than other options and is very similar to running your own node in terms of available functionality. Some features include channel backups, signing with wallet key, connecting to your own Bitcoin node, Tor and inbound channel services. Ultimately running your own node is best but even then it is good to have a back up option for example when the node is offline.
I think it's 1449 mwh instead of 1449 kwh. Also need to caveat that a lot of miners have cheaper rates than the national wholesale price.
The people of China are innocent and at the hands of this authoritarian regime.
Innocence is debatable. Their (in)actions have led them to where they are today. Ignorance? Yes. Information flows are highly restricted and frankly most people don't care.
And nobody reposting information to WeChat or other Chinese social media.
How do you propose getting around this? Social platforms are censored, but are paradoxically the way to reach most people. Posting reactionary content could lead to your bank accounts getting frozen or worse, as WeChat is tied to ID. Keyword filtering algorithms could prevent posts from being published at all. Using Tor and VPN is an alternative but is out of the question for most people due to unreliability, cost and inconvenience.
their money is even more controlled than in western nations
Yes bitcoin is facilitating capital flight by circumventing capital controls. But liquidity is low for no-KYC BTC/CNY exchanges, often with high markups compared to 'market' price. On the other hand, the UX for WeChat and Alipay is unbeatable. Cash has mostly died out and most people favour the convenience of these payment apps. It's near impossible to convince people to abandon convenience once they have gotten used to it. Even if the price is surveillance, it seems.
I believe the group of Chinese people most likely to adopt bitcoin is the educated (upper) middle-class intelligentsia, who are most likely to have some proficiency in economics and technology as well as capital to protect. There is also a large overseas Chinese population with ties back to the mainland. For example students. If you know people in these subgroups then invite them to your meet ups and orange pill them.
GENESIS