In fact, my company converts all fiat to bitcoin first, so when I pay myself, it’s with bitcoin. Then I use crypto debit cards to spend it anywhere visa is accepted.

It breaks my heart that I spend bitcoin and the store gets dollars. They could be getting bitcoin. But that’s about as close to dollars as I care to get, these days.

Magnificent!

Right on! Good job, Peter 🤝 I hope she moves on to DCAing bitcoin soon enough 🙏

I'm not Canadian but I helped y'all out anyways with that survey 🤙

Lightning fees are unaffected if you use a custodial wallet like Wallet of Satoshi, or if you already have your own channels open on your Umbrel node or on Phoenix or Blixt wallet on mobile for example.

Opening and closing channels is much more expensive than usual right now

They should remain unaffected if they’re lightning transactions. Although, I learned today that Muun’s implementation entails some on-chain activity via submarine swaps, so that complicates things.

To know about it they would have to obtain the client records from the company.

Doing collaborative transactions (coin join) breaks the links to the withdrawal addresses you provided to the exchange/company you used to purchase, who have a record of those addresses. After the link is broken, it provides you forward privacy with the coins, giving you some level deniability of what you did with your withdrawn coins. If they look on chain, it will be clear you coin joined, but if done correctly, determining which coins you may or may not still own, will be difficult for someone from the outside looking in to determine.

There is still always the record of purchases and withdrawals with the company/exchange. You just gain some of your (forward looking) privacy back. Up to you to decide if there is a point to or value in doing so. But the more people who do these kinds of transactions regularly, and the larger the pool of funds becomes, the more private the ledger becomes. Anonymity via obscurity.