Yea itâs small price to pay to avoid custodial risks
Bitcoin UTXOs are my very long term savings account. For everyday usage I use Lightning âĄď¸
If you calculate fees in USD the USD value of fees will always go up as the value of Bitcoin goes up. Your percentage approach is good but what I am trying to say is if Bitcoin goes up 10x the fees will also go 10x in USD terms so it just a math. If i am to transfer 100k USD (0.1 BTC when BTC is one million cuck bucks) I have no problem in paying $500 or $1000 in fees. But thatâs because I do not plan to transfer small amounts into the future as I hodl Bitcoin very long term and will sell it only for something that will greatly improve the quality of my life
When calculating fees in USD you should always have in mind that as the value of UTXO goes up so does the value of fees but you pay the same fees regardless of the UTXO size
I personally donât like to hold UTXOs larger than 0.1 BTC because when Bitcoin is worth a million of $$$ that UTXO value is significant but as minimum I am comfortable with anything above 0.01
Itâs funny how most people that get into #Bitcoin today first get in because of the money and some stay because of the revolution
When I was getting into Bitcoin in early 2013 money was not even the distant goal - motivation was pure revolution and money came latter on
Inquisition is the single most important reason makes me despise everything about The Church. Itâs was and to this day it still is the most corrupt association of murderers, pedophiles and criminals the World has ever seen nostr:note125m4xd0kq83wv7w32j69kwxp3l46v43gv9qguza0suykh96jrz2sx4luyj
When figuring out this my advice to people I orange pill is to always assume that Bitcoin is worth 100.000 or a million $$$ and then think how much in todayâs dollar value are you comfortable having in a single UTXO
Always had this approach that one can learn something from anybody and everybody - even from the greatest morons of the world
But, not so many people understand how to do it
Is it that hard?
Playing with Aqua Wallet and I must say I really love the idea of combining Liquid with Lightning âĄď¸ and having one wallet to handle both #Bitcoin and stable coins
Yes, the fees for swapping Liquid 2 Lightning and vice versa are not negligible (min is 400+ sats) but hey - self custody always comes with costs
So from now on I will be using WoS for day to day use - small payments, zapping and orange pilling and Aqua Wallet for the funds that I donât want to be exposed to custodial risk but available if I need to top up Primal or WoS
Havenât played with stable coins yet as I donât need it or use it currently
Work hard, travel, stack sats
I already told you everything you need to know
Yes I know - you donât have enough Bitcoin
Rest assured- no one does
That is so good point. I have been running fiat world business for almost 20 years and since I started deploying my free cash into #Bitcoin that treasury has grown more in couple of years than what business have earned
So much that I am even considering closing business and switching to making managing my treasury the main business
Instead of selling #Bitcoin looking to play âsell the newsâ game my preferred strategy is to always have free cash stash to buy the dip
Been buying all the tops and all the dips, never sold a single sat and sleep like a baby with no regrets
BECAUSE I KNOW WHAT I OWN
It is so comical that they always âthank you for your patience and understandingâ but I neither understand nor have patience for this kind of BS
JPGS on #Bitcoin will not be worthless
They already are worthless and if youâre buying it youâre just a moron
Yea that one is nice but an exemption. Try herausforderung đ¤Ş
Use you ISP router only as a modem/bridge and have your own router handle all the traffic. I prefer pfSense nostr:note1qqqq8p2screax733h8galfcz9g7yy7f3m2c8glldad34tstnuedsayvy82
Good point. I used to think that all the countries that force their language on TV and audio sync all the TV programs is the main reason people are bad at English but Germany and Austria are proof that this is not the case. After all English is the mostly used common language especially in business and tourism