Replying to Avatar Fiat Shenanigans 🤡🌎

Makes all my frequent Strike to Phoenix stacking very efficient, and then I can just splice out to cold storage in 2 million sats chunks. Granted I could just let it pile up in Strike and then send to cold storage, but I'd rather have it accumulate in a wallet that I actually hold a seed phrase to.
Avatar
poe😱 2y ago

Using lightning exactly like this the last year has helped me a lot with my on chain utxo set.

Being able to get away from an exchange in $5 chunks to a more self custodial option, even with the tradeoffs of lightning without my own LN node, and eventually moving on chain in a more planned way than doing lump sums or having a bunch of tiny utxo like I've done in the past.

Helped a lot with consistent DCA for me.

Reply to this note

Please Login to reply.

Discussion

Avatar
Fiat Shenanigans 🤡🌎 2y ago

My kids have a whole shitload of 100k sat UTXOs that I need to consolidate for them on chain. Been bugging their mom for a couple weeks to get me their open dimes so I can sweep them to a coldcard.