#Bitcoiners, help a brother here.
I heard multiple people say you can move a billion dollars worth of #Bitcoin for a few bucks.
Well I'm transferring way less #On_Chain for way more.
Is this meant for #lightning? If so, wouldn't you have to close the channel and pay the hefty fee eventually?
there was a 5m$ equivalent utxo transferred a few blocks ago with a 2$ fee. on chain is better for this use.
lightning combines many small transactions over time in to a smaller number of larger on chain transactions. it's not great for moving a billion dollars worth unless you want to send it out in small increments.
