I would say over 1MM sats, yes. It’s not only plebs that lose funds. Big liquidity providers get forced closed too. It’s unfortunate, but part of the reality. Everyone is welcome to use Visa,

pay 3%, be KYC’d, and get a devaluing currency as well. You just have to choose what network you want to be on.

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I'm dwelling in ;) Do nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg federation concept create an alternative here? Yes...you have to trust minters if I'm not mistaken.

Definitely an option and where I think things will end up, but I’d rather use a custodial Lightning wallet with LNURL for Nostr and zaps with a small balance and Phoenix as an actual Lightning wallet. Just my preference though.

this