i just paid €40 ($42) for a lightning network transaction
it went through without any networking or routing issues
but fuck me, on-chain fees are $1 
Discussion
😂
I respect Phoenix, but don’t like their compromise choice…
Don't 👏 be 👏 dumb👏.
Know that you can look at the predicted fees beforehand and that you can also make on-chain payments using Phoenix too right? nostr:nprofile1qqs9qp2dql3vmuetzq6hw77eeaeej2j2ughers22wch0m2jm7c05w4g7fd4xj
Lightning is not for that amounts! Stay on chain for anything bigger than 300 usd.
You have many more options than phoenix wallet...
"Sending via Lightning 0.4 % + 4 sat"
https://phoenix.acinq.co/faq#what-are-the-fees
#phoenix #wallet #LN #payment #fee #lightning #bitcoin
Yeah you don’t do big transactions over Lightning. The cost of liquidity in Lightning channels will kill you every time. Works great in smaller amounts, but scales in cost by size very quickly.
The problem may be that the EU doesn’t know how decimals work and that confused the lightening network. I stared at that array of amounts way to long to make sense of where the whole number were. Imagine how the lightening channel felt. 🤦♂️
😱🫣