Replying to Avatar stupleb

Well you're not going to see it in a basic exchange app wallet is my point. Not because it would be impossible, but because most people wouldn't understand what's going on and it would be more work than necessary (Relai won't care, that temporary wallet is just to hold Bitcoin for the moments before you safely send it out, only there to allow Relai to abide by Swiss Communist law)

Do it often enough though, and with one UTXO to one output, you'll know whether you're paying 2000 sats, 3000 sats or more... Roughly.
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binsky 2y ago

Btw #relai provides users with a non-custodial wallet. So that’s pretty safe to me?

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stupleb 2y ago

It's Bitcoin on your phone. For small amounts that you're planning to use that's fine. But it's not for keeping there long term. Same as you don't walk the streets with a duffle bag full of cash.

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binsky 2y ago

That is true haha. But it is better than storing #btc on an exchange, in a custodial wallet. Cuz, you know why. But yes, it’s on your phone, but i’s better than an exchange