Replying to Tha Brainer

Also for that I was thinking about building an app to enable easy FIAT cash to Lightning transaction, I am studying CivKit. It seems it can help achieving this.

I am imagining a software where there are peers who provide liquidity on lightning network, on mainnet and on CEX as well, an application which runs on Umbrella for example.. which facilitates orders on order books in order to purchase back those sats sent on lightning sold for fiat cash
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_ 2y ago

do it. it should be easy to convert fiat to sats without having difficulty

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Tha Brainer 2y ago

The problem is that one shall also buy this bitcoins, unless you simply sell from your own which is not exactly the reason why people buy bitcoin in first place. So I imagine there is the need for some liquidity on an exchange where main et bitcoin can be purchased then there is the need to manage a node in order to have actual property and not going custodial!

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_ 2y ago

true. one would need first to hold the Bitcoin to exchange and then back again. liquidity would drive the app to successfully operate