Me: Fees are too expensive now on Lightning. We need to move your bitcoin to Liquid.
Them: Why is Lightning raising fees? I thought you said that this is how we can pay for coffee using bitcoin.
Me: People are bidding a lot for block space on the main chain and that’s causing Lightning to be more expensive.
Them: I don’t understand. I already deposited my bitcoin into my Lightning account. Why do I need to pay more fees?
Me: It’s not actually an account. It’s a channel-based system… Actually, never mind. We should just move the sats.
Them: If we move to Liquid, are they going to raise fees later too?
Me: Maybe. Hard to predict but there is no point to staying with Lightning now. Soon your entire balance will be eaten by fees.
Them: Ok, let’s do it. I have my bitcoin in Muun right now. I’ll send my full balance.
Me: No, don’t. We’ll need to try different transfer amounts to try to minimize fees. Fees can be nonlinear.
Them: Sorry, what?
Me: Nevermind, I’ll do it for you.
There, done. I was able to move everything except $3. Which seems trapped in Muun. Maybe we’ll be able to move it in the future.
Them: wow, that was expensive. I just lost 20% of my bitcoin in the transfer.
Me: :(