That sounds right. I don't like this abstraction they use in pheonix. It is too easy to make a mistake with fees. I'd rather the tx fail than create a new utxo by default. Maybe i could find a better home for the sats.
I agree it is a bad store of value, but what about a medium of exchange and unit of account. When you have enough #cashu to buy a utxo, buy one.
People who follow the rules are almost always punished
Trying to create an account at npub.cash failed over lightning, in that it didn't acknowledge my payment. But it worked over cashu
I have also noticed with someone was when i paid for someone@npub.cash that the site didn't notice that i paid over lightning, but it did notice when i paid over cashu.
Why can’t I pay for coffee on the lightning network?
nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l has been doing #bitcoin for years.
Square terminals are everywhere.
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m owns both.
nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle and nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 have also talked about consumer/merchant payments.
If the largest threat to Bitcoin is lack of adoption, why is there no visible progress in retail? Are there legal reasons in the US? What am I missing?
#asknostr
The goal is for bitcoin to become all of these:
medium of exchange, unit of account, and store of value
What difference does it make when the merchant just converts it into USD the moment you transact?
I have heard people have tried and failed. They still had to comply
#keet but i'm not sure. It's more like zoom
I don't know if this service is any better, but i thought i should pass it on
eNuts doesn't have a server component. This is why you must use https://npub.cash/claim and transfer from there to claim your sats.
avichand@npub.cash is for receiving zaps, not sending them. You can send from any client you wish. On my phone when i tap on avichand@npub.cash, and invoice gets generated on npub.cash server, and that triggers the client e.g. Android, iOS, etc, to open an app, e. g. eNuts so that i can pay the invoice
Right. I'm suggesting you change your LN Address in nostr to avichand@npub.cash over alby for privacy reasons.
I doesn't seem like you know how lightning is received. It is commonly known that your lightning node must be online and available to the internet at all times. Your phone goes to sleep once locked to save battery, and it's not exactly exposed to the internet. It doesn't matter what app is your default app on your phone.
If they decide to flag you for an audit, all they have to do is send you a letter
If it's really bad you could get insurance
If you don't file then if you do get audited then you loose the benefit of the doubt when you are trying to prove your innocence. Remember that to the IRS, you are guilty until proven innocent. So if they think you are evading taxes, then had you filed at least you could claim you tried, but fucked up.
Once you have sats in eNuts then you can send from there. As far as setting your default lightning wallet, iOS should give you a choice to choose the lightning wallet you want to use for that instance. You should not set a default.