47 sats \ 0 replies \ @steepdawn974_2 18 Sep \ parent \ on: Europe's Tech Ambitions Falter: Semiconductor Industry at Crossroads econ
TSMC is building a fab in Dresden, Saxony. Construction started last week or so.
AMD is also in Dresden (for 20 years or so), but no fab afaik
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True. But:
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imho the accounting and taxation rules are what scares regular merchants to most. None of the standard software packages merchants typically use supports Bitcoin, or rather the various FIFO/capital gains calculations. And exporting csv records from BtcPay or LNBits powered PoS'es will not pass an audit (since they are not tamper-proof), and oftentimes not even accepted by their accountant.
So, for regular, non-ideological merchants it's just too much of a risk and hassle.
And since money lives off its network effect of being the "generally accepted good", regular users won't hold it, if they can't spend it widely.
But even in places where they can (El Salvador, Lugano, Prague) we do not see large actual use.. This makes me sad the most.
- Don't underestimate how much contactless card payments have eaten Bitcoin's lunch in terms of UX. It's so convenient, fast and reliable and has built a strong network effect. I even saw a church recently, where they had Donation terminals.
Ten year ago, scanning a QR code was super advacned tech and gave Bitcoin the avangarde, "cool" image. Now it's age old tech as ppl pay by the tap of their phones/watches.
It appears that
msat
is not a valid unit
for LNBits, but instead of throwing an error, they just divide amount
by 100.I raised this issue: https://github.com/lnbits/lnbits/issues/2642
Let's see what they respond.
The container must have reachable as it is running next to the Lnbits container, and I tried the curl command literally a few secs later, successfully.
That said, I went through the process again just now - and it magically works now. I can save the incoice key, without error message. Weird. but at least it works
It does work in the sense that it returns a proper BOLT11 invoice, But LNBits seems to convert msat -> sat incorrectly. 10000msat becomes a 100sat invoice amount (should be 10sats).
It's still not an explanation for the OP error message
but how come that the curl Create Invoice API call works just fine?
curl -X POST https://lnbits.mydomain.tld/api/v1/payments -d '{"out": false, "amount": 1000, "memo":"testtest"}' -H "X-Api-Key: <my_invoice_key>" -H "Content-type: application/json"
One Issue: #650793
Getting an error when trying to save the invoice_key (which shouldn't even be required when one has the admin_key, right??) in the wallet attach screen:
failed to create test invoice: Unable to connect to http://lnbits-phoenixd-phoenixd-1:9740
My LNbits' funding source is configured to use a local dockerized
phoenixd
with container name lnbits-phoenixd-phoenixd-1
, and for some reason SN is trying to access the local address when I press Save. It should use the Lnbits Create invoice POST api request... which I can confirm works just find with the Invoice key.curl -X POST https://lnbits.mydomain.tld/api/v1/payments -d '{"out": false, "amount": 1000, "memo":"testtest"}' -H "X-Api-Key: <my_invoice_key>" -H "Content-type: application/json"
GENESIS