Nostr Web Client

So thanks to #[0] I have just discovered the cheapest (but not the most private) way so far to move Bitcoin on Lightning to an onchain address. Caveat: you need to have access to Strike.

1) send BTC to Strike via Lightning

2) switch to the Buy/Sell BTC section on Strike

3) use the cash that Strike gave you when you completed step 1) to buy BTC

4) send BTC to onchain address with no fees

💁🏻‍♂️⚡️🌽

ed689f45... 2y ago

You can send BTC on Strike with no fees?

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Discussion

paulo 2y ago

If you buy BTC from them, that’s why you need to do that extra step

If you try to send the received dollars to an onchain address without doing that first you pay transaction fees

godsdeth 2y ago

So all my DCA thru them I can send to my cold card fee free??

paulo 2y ago

I think so

paulo 2y ago

With Strike you pay fees for depositing dollars from your bank, though

godsdeth 2y ago

I know, but don't know send on chain for free 👍🏻

godsdeth 2y ago

Ach deposit is free

paulo 2y ago

hmm, good point

Tasteless Gibbon 2y ago

Strike going global announced at Bitcoin 2023 in Miami Florida GA Day 1. Can we really trust them since they are in bed with USD fiat?

paulo 2y ago

I would say that it is better not to really trust anything; use it with caution but don’t fully trust anything

Tasteless Gibbon 2y ago

I live in Liberland also known as the Free Republic of Liberland. According to Wikipedia there has been no diplomatic recognition of Liberland by any member of the United Nations.

Can we really trust what Wikipedia has to say? Who is the Root Administrator who has the authority to decide if Liberland has a right to even exist? The United Nations gives permission? Are they the Admin over the entire planet?