Subnostr

Alright Nostr, let's have a discussion about the current state of the lightning network.

My question is this: What is the threshold that you are comfortable transacting over the lightning network?

In other words, at what dollar amount do you say no to lightning and transact on-chain instead?

I send zaps and other micro-payments on a daily basis and everything works great. I'm perfectly confident using lightning for daily, mundane amounts, but how much is too much? If I sell someone a side of beef and need to accept payment over $1000 in value, does lightning have the necessary liquidity for that transaction, or should that amount be sent on-chain despite the high fees?

I'd especially like to hear from those who run their own lightning node and other vendors who use lightning for point of sale.

#bitcoin #lightning #paralleleconomy

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Discussion

Diesel 2y ago

I’ve gotten $500 payments to go through but that’s the max. Liquidity is constantly improving but it’s a slow process

Not my name 2y ago

I buy $500 gift cards quite often on Bitrefill. No issues whatsoever. I tried to get a plane ticket recently using a credit card that I’ve had for work for many years with plenty of available credit and it was declined because the destination was flagged as out of the normal.