Currently sending a significant amount of BTC from one address to another.

Watching the mempool like a hawk.

Ass is puckering.

This is why we haven’t got mass adoption in the self custody world 🌍

Finally…

Receive address is showing a *pending transaction*

Phew! 😮‍💨

Transaction confirmed 😅!

#UTXO #Bitcoin #Transaction #Mempool

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Discussion

It takes longer for a fiat transfer to show up. Maybe your perspective is just wrong, or you're new to it.

Yes, a fiat transfer takes longer (it can take 1 - 3 days normally)

I’m an old Bitcoin head

If you fuck up a bank transfer you call the bank up and get your money back.

If you fuck up a Bitcoin transfer there is ZERO recourse

This is the price we pay to be sovereign

10 minutes of watching mempool.space feels like eternity

This is a major reason why 1% of Bitcoiners are sovereign Bitcoiners

`1%, how do figure th@?

Extrapolating out using the numbers of hardware wallet owners globally. Could be less than ~1% of global BTC owners using fully secure self custody methods.

t Y*

Doesnt the tx go into the mempool immediately though? Your wallet should indicate the tx is there waiting pretty much immediately.

🙈 Reminds me of sitting in an airport cafe waiting for a tx to confirm so I could book a ticket before checkin closed. Tick tock, when next block.

Sometimes life’s just like this 😄

In your case though, as long as you entered the receiving address correctly it won’t get lost. Ie it either gets mined there or stays where it was (where until confirmed - it was all along).

No matter how many times I make a BTC transfer and no matter how many times I cross reference the address my ass still puckers!

I feel your pain having to wait to buy a plane ticket!

But when that transaction settles it’s a beautiful moment! Love to see BTC doing its thing flawlessly :)

Totally 😄☺️

If you’ve set your fee at 1 Sat /vB you’ll be fine 😂

😝 … even if I had it set to 1000 Sat /vB I’d still have the same feeling as a guy with hash strapped to his body walking through customs at a Middle Eastern airport!

😂

0 losses using the Btc network 😃

Your ass *should* pucker; because it's all on you. Otherwise, you risk eventual complacency resulting in your neglecting to triple-check the receive address.

Yes, this is a total mindset shift from "trust me bro" custody. To the extent this necessary shift dissuades someone from self-custody, they don't yet understand *why* we self-custody.

Oh the early days of understanding bitcoin 🙂

It is profound each time I use it that the code just enables it with no one watching, caring or hand holding.