So thanks to #[0] I have just discovered the cheapest (but not the most private) way so far to move Bitcoin on Lightning to an onchain address. Caveat: you need to have access to Strike.
1) send BTC to Strike via Lightning
2) switch to the Buy/Sell BTC section on Strike
3) use the cash that Strike gave you when you completed step 1) to buy BTC
4) send BTC to onchain address with no fees
💁🏻♂️⚡️🌽
You can send BTC on Strike with no fees?
If you buy BTC from them, that’s why you need to do that extra step
If you try to send the received dollars to an onchain address without doing that first you pay transaction fees
So all my DCA thru them I can send to my cold card fee free??
I think so
With Strike you pay fees for depositing dollars from your bank, though
I know, but don't know send on chain for free 👍🏻
Strike going global announced at Bitcoin 2023 in Miami Florida GA Day 1. Can we really trust them since they are in bed with USD fiat?
I would say that it is better not to really trust anything; use it with caution but don’t fully trust anything
I live in Liberland also known as the Free Republic of Liberland. According to Wikipedia there has been no diplomatic recognition of Liberland by any member of the United Nations.
Can we really trust what Wikipedia has to say? Who is the Root Administrator who has the authority to decide if Liberland has a right to even exist? The United Nations gives permission? Are they the Admin over the entire planet?
I totally forgot I saw this last night!
Give this a shot, Sergio. It was cheap!
So I would just send sats to my strike.me address?
Or how would I generate a lightning invoice on strike?
You tap request then you enter the amount in dollars you want to receive, that generates an invoice that you can copy into WoS or any other Lightning wallet
I don't have a request in Strike though 🤔
Oh you mean in dollars 🤦♂️ I'm slow sometimes
Yes you request in dollars. But then you have to switch to the Buy/Sell Bitcoin section and buy BTC woth the dollars you receive.
It fucking works!
🚀
