🟠 Introducing NWC Auto Topups 🟠
Spend your self-custodial BTC in 150M+ shops globally!
Hey #Nostr! Today, we're super excited to bring something UNSEEN to the market: a Bitcoin debit card that links to your LN wallet via Nostr Wallet Connect, and allows you to seamlessly spend Bitcoin anywhere in the world, where BTC is not yet accepted directly.
Here's why our wavecard is the best Bitcoin debit card in Europe:
🆓 Open unlimited cards for FREE
🕵️ Pseudonymous - set any name you want
🟠 Holds BTC until the last second
🌍 Spend BTC in 150M+ shops globally
✅ Simple 1% conversion fee
🔑 [NEW] Auto Topup - connect your self-custodial LN wallet via NWC
How do these auto topups work? 🤔
NWC manages your BTC between LN wallet and wavecard:
1. Set a minimum balance you want to hold on the card (Spending Power)
2. When balance drops below set threshold -> BTC is pulled automatically from your LN wallet
3. You can continue spending BTC seamlessly without having to login to your LN setup or wavespace!
We're in Prague 🇨🇿 Want to meet up?
Let's connect on the BTC Prague app 🤝
⚡⚡⚡ Lightning is live on wavespace!
This major upgrade opens the door to nearly instant and free Bitcoin transactions - built right into your Bitcoin banking and spending experience. Here's how LN improves your experience on wavespace:
🔁 Instant Bitcoin swaps - moving between EUR in your bank and BTC in your Lightning wallet takes seconds now.
🆓 Free Bitcoin withdrawals - No more onchain network fees, Lightning transfers are free both ways!
💳 Instant wavecard® topups - you can now deposit Bitcoin into your wavecard via Lightning and spend it globally!
Read more: https://www.wave.space/blog/lightning-is-live-on-wave-space
In terms of banks rugging you, you can basically hold virtually everything in your self-custody in Bitcoin, and then connect your Lightning wallet to your wavecard for automatic topups via NWC, essentially allowing you to spend from self-custody (NWC coming very soon). This way, you only really need to hold enough BTC custodially on the card to cover for a single transaction (VISA still needs to be able to authorize the payment).
In terms of control of what you purchase with the card, as long as the merchant can accept VISA, it should go through (minus some odd jurisdictions where VISA can't operate).
And on top of that, you can set any name you want on your wavecard. Of course, you still KYC with wavespace, but at least from the merchant's perspective it's completely pseudonymous. If some merchant's customers' database gets leaked, for all they know, it can just appear that "Satoshi Nakamoto" was shopping there, instead of your real name.
Now that the EU has implemented the MiCA regulation, our expectation is that this framework will not change drastically in the foreseeable future (work on it began in 2018, and it’s only now coming into effect).
Therefore, as long as we're MiCA-compliant, we do not anticipate any significant regulatory hurdles in our mission to bridge the gap between Bitcoin and today’s fiat-based world, with or without CBDC.
1) Timechain not blockchain
2) Bitcoin not crypto
3) Saving not investing
This is for everyone who is still on the path of allocating their capital to Bitcoin. With wavespace you can set recurring EUR transfers to your personal wavespace vIBAN in your own name, and automatically swap all incoming EUR to BTC.
Your bank simply sees weekly/monthly interpersonal EUR transfers, whereas in reality you're stacking the hardest money ever, gradually and automatically.
Read more: https://www.wave.space/blog/euro-cost-averaging-how-to-stack-bitcoin-in-europe
Read about the genesis of wave.space on Lightning.news ⚡
#GM Nostr frens!
It's hard to put a name on this format, to be honest. I don't think there will ever be a unanimous consensus for this kind of stuff, because everyone is free to call Bitcoin whatever they want.
We provide the choice, which is the most important, while the naming in settings is just trivial semantics in my opinion.
We know it's a contentious topic across the community, so the choice is yours! Simply navigate to your Account -> BTC Denomination 👍
Freedom fits in 12 words. Go figure.
Ok, thanks for reporting. Sounds like a bug, we'll investigate it.
Yes, it's already possible to review and change your name when you start the KYC process.
We'll be showcasing the demo of NWC connected wavecard on the next Alby community call, if you'd like to have an early look 👍
Both LN and Nostr Wallet Connect integrations are coming soon (1-2 weeks). You'll be able to spend BTC from your self-custodial LN setup automatically without needing to manually topup the debit card.
Bitcoin is time you can own, energy you can store, and power they can’t revoke.
The gatekeepers want you fenced in. Bitcoin shows you the way out. You can live on Bitcoin TODAY!
One more hour to earn that monopoly paper money 😂
#GM Nostr! Keep stacking
https://blossom.primal.net/97e211e9ef36c8fc9c9d9e06671323a30e6b421df6b33e0f01f121174bb562de.mov