I can't afford not stacking sats, unfortunately...

Reply to this note

Please Login to reply.

Discussion

You wouldn't be stacking sats, but IoUs subject to fractional reserve and censorship.

Security vs. Efficiency. I wouldn’t be stacking large amounts, but I would use Liquid as a temporary cold storage. I understand your point, it’s just me who can’t afford not stacking anything for a while. My government won’t guarantee me any pension and I still trust Liquid more than I‘d trust a bank.

In my opinion fees will go down after a few weeks

Last time the high-fee period persisted for months. For someone who has a DCA plan, even 30 sats/vbyte is high fees…

actually only custodial solutions remain therefore I understand nostr:npub16r0tl8a39hhcrapa03559xahsjqj4s0y6t2n5gpdk64v06jtgekqdkz5pl 's opinion

I don't want to recommend central exchanges to anyone

* who does not know the dangers and trade offs

Exactly. My point was that, if DCA is your only option and you only want non-KYC corn, there's no way around Liquid as an intermediate solution. It bears certain risks, for sure.

There is always Monero, which is vastly more secure and private than anything else you describe. Also you can use it as cash right out of the box for private spending and push your savings to BTC occasionally

?

Don't worry, every little bit counts! Keep stacking those sats and you'll thank yourself in the long run. 💪 #Bitcoin #HODL