That's not true. With Phoenix you have a 12 word seed phrase.
I won't tell names of the companies 😌
But yes you are right. Some Banks in Europe already adopted it. Germany as an example. Austria probably in 2024 - more to come.
Possibly as a protection against the CBDC?
Or as a world reserve currency - perhaps acting like gold in the days of the gold standard?
We all don't know, but one thing is certain, it will be extremely exciting.
Look what I found out in the woods!
nostr:npub1g3827ewz6d23rlgdhkaslc78gyule52ymcqdyt2hsxdwtlw8dt5q7dfpvg
Never saw this before, must be legendary.
You're welcome 😃 I will let you know if there is another one 🙂 meanwhile have fun stacking Sats ⚡ 😌
Hey Plebstr, I just figured out, that it's possible now to upload pictures with your App. Well done, thanks. I was missing this feature.
I will keep zappin' as long as I want, because I use Android.
A few months ago the fees of muun Wallet where ok.. but with this ordinal things the fees exploded ...
Muun isn't a "real" LN Wallet.
Muun works by using a lightning service provider that pays LN invoices for users through a smart contract. This is known as a submarine swap. When you make a lightning payment on Muun, the bitcoin is sent on chain to the lightning service provider along with the LN invoice generated by the user. That's why the fees are that high.
If you want it easy go with Wallet of Satoshi. Simple, but it's a hot wallet.
If you want it safe and you have big amounts of Satoshis I would recommend Phoenix Wallet.
It is Non Custody, what means you will get a 12 words seed phrase.
You will have to pay 3000 Sats to open a Channel and I recommend a big amount for the first transaction (for a bigger Channel).
That's why I use Wallet of Satoshi for my "daily" transactions and Phoenix as my "savings account".
Good Luck 😊
Nice 😊
