Replying to Avatar Fiat Shenanigans 🤡🌎

10 million sats for one year. I'll burn though all that long before the one year is up.
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OT 2y ago

Of course, but what happens at the end?

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Fiat Shenanigans 🤡🌎 2y ago

Guessing they force close the channel?

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OT 2y ago

That would suck

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OT 2y ago

It should probably say it somewhere.

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Fiat Shenanigans 🤡🌎 2y ago

Doesn't say anything about it here:

https://www.nobsbitcoin.com/phoenix-wallet-android-v2-1-0/#:~:text=%22It%20is%20now%20possible%20to,is%20guaranteed%20for%20a%20year.%22

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OT 2y ago

Would be good to get a definitive answer. I guess they got time for that though

#m=image%2Fjpeg&dim=720x1520&blurhash=%5B3QmCtIo%7Ep%5E%2B00ayt7WB4nRjM%7BRj00M%7BMyRj00t7WBRj00t6t6j%5D%252IUD%25ae00t7oft700%25MxuWV&x=960a569265e622e7f797f882e46c68050d0a8a988432d2655f68559863b91871

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Fiat Shenanigans 🤡🌎 2y ago

Agree with the bottom comment on there. 1% is very reasonable. Especially for what I'm going to be using it for. Especially if fees stay this high or go even higher.

Moving 10 million sats in 100k-500k increments and paying a miner fee with every single transaction would get very expensive. It would cost me more than that 1%.