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Nostr, do you use lightning as your cold storage ?

#asknostr #bitcoin

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On chain. Sparrow wallet. Cold card. Lightning for spending only

Second it

Wouldn't lightning be cheaper for fees ? I tried transfer ing money with sparrow and fees looked to high

Build up in lightning then and wait for low fee environment. UTXO management important when stacking in small amounts too

Lightning requires a hot wallet. By definition it's not cold storage.

How is it hot? Dosent cold or hot depend on you though?

Cold storage means your private keys are not on an Internet connected device. This isn't possible with lightning.

Oh sheittt... You are right.

What if its your own lightning node?

Self custody, but still connected online.

Nop

What are disadvantages?

Cheaper fees make it cheaper to transfer

Is excellent, it’s good just for small amounts…