I've been thinking about the eventual problem of people getting dusted by #Bitcoin fees.

It's hard enough to convince people to buy any. I also have to worry about the people I convince ending up with a ton of tiny UTXOs they can't spend.

It's a problem. I understand why the problem exists. What I don't understand is how to solve it without expecting everyone to understand intricate details about how Bitcoin works.

People could theoretically be priced out of their life savings simply because they bought such small amounts over time without understanding UTXO consolidation. I was doing this early on, even when I already understood cold storage. I would send any amount to it without another thought (I came in during the era of super low fees).

I don't think this is practical for the average person, and fees are going so much higher. Are we blinded by our experience here?

We could be hurting people by preaching self-custody without explaining UTXO management.

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Discussion

Yeah. I DCA on-chain every two weeks. People kept asking, why not every day or even every hour?

This idea got really big with Strike.

It's fine to do that IF they leave it on Strike and only send to cold storage once they hit whatever amount they think is best. For me, that's 1-5M sats. I'm guessing most people are sending out far less than that. Maybe my 1M absolute minimum is way higher than it needs to be and I'm over worrying. I truly don't know.

Perhaps they never go on-chain. Many people think it's old-fashioned to own Bitcoin 1st layer.

Wallets should offer an auto-consolidate option. + educate their new users instead if alienating them

100%

Actually, I don't think a wallet should be auto signing anything. But I do agree that it should automatically propose it and let people choose.

Of course, privacy issues need to be balanced too. But that's already possible.