Subnostr

SatoRi

f5d70542664e65719b55d8d6250b7d51cbbea7711412dbb524108682cbd7f0d4

Geriatric millennial, doing stuff and things .. Views are accredited and considered regurgitate, fully panoramic, and sometimes my own .. #eclectictastes #gm🌞 #Bitcoin #Liquid💧 #Lightning #Ecash Referrals: The Bitcoin Company (You get sats, I get sats) Referral Code: NT1DC8 or click the link - https://app.thebitcoincompany.com/signup?ref=NT1DC8 Orange Pill 💊 App (You get sats, I get sats) Click the link - https://signup.theorangepillapp.com/opa/SatoRi Peach 🍑 Bitcoin (To be fair, I don't know what this does for you, I apparently get a custom referral code, reduced fees and sats) Referral Code: PR7A2D or click the link - https://peachbitcoin.com/referral?code=PR7A2D

Gm ☕️☀️🤙

Good Morning ☕🥐

SoberGrizzlyBTC

gm #nostr #coffeechain #plebchain

Trying to find the correct phrase or wording for the point in one's #Bitcoin journey when it begins to be in the forefront of your mind during the day.

For example, you would rather be learning about Bitcoin than doing homework.

The importance of #Bitcoin adoption makes you want to be part of the industry and begin searching for opportunities and considering a career change.

Beginning to take this more seriously and increase security and privacy to protect the most valuable asset in existence. Someday my #Bitcoin will belong to my son.

Here are some ideas to describe this point in a person's #Bitcoin journey.

Have you experienced this?

What would you call it? #asknostr

#Bitcoin Awakening

#Bitcoin Lightning Bulb Moment

#Bitcoin Turning Point

I don't know about a word to describe that which you have described, but I stumbled upon another word which has definitely been added to my lexicon ..

nostr:nevent1qqswmd7dluz0uhz3uxl90d958e70g4qse9xyfnxx23ceutqkmwz30mqprfmhxue69uhhyetvv9ujumnnv43kyatwddjhytnrdaksyg846uz5yejwv4cek4wc6cjskl23ewl2wug5ztdm2fqss6pvh4ls6spsgqqqqqqs3znqpe

You're welcome 🤙🏼

good morning nostr, stay humble and stack sats 🫡

Good Morning ☕🥐

Don't mumble and slack hats

🫡

French?

Non, merci Monsieur .. I just had a craving for coffee and croissants recently 😁

Good morning from a phone box in Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿 😃 https://nostr.build/av/3450c0415948bf803aed2b3025c2ad789da349cacf8f948213d9b6e64213645b.mov

Good Morning ☕🥐

GM #nostr - I woke up wandering down the road half way to the fiat mine today. That was a bit of a shock to the system...

May your coffee cups never empty ☕

#coffeechain #gmgang #whatthefuckamidoinghere

Good Morning ☕🥐

Good Morning ☕🥐

Let's see what the day brings .. 🤙🏼

₿itcoin TV Channel 📺⚡

GM

Cypherpunks write code 💻

Good Morning ☕🥐

Vlad, Bitcoin Takeover Podcast

Gm, buy more bitcoin for the Supra Cycle 😍

Good Morning ☕🥐

GM 🤙

Good Morning ☕🥐

You were also paying 1% to add inbound liquidity - this is strictly better as inbound only costs fixed on chain fees now.

Their fee structure mirrors the actual cost structure better now.

Which may be a one time action, given a large enough "deposit". But for day to day spending the prices are now painfully high

It's .4% now right? Which seems decent to me. I think you just need to be careful sending larger amounts, but that has always been true with Lightning

Essentially, the issue is that they have *increased* their prices. If you feel comfortable with that then that's ok. I'm not comfortable with it, therefore I willn't be using Phoenix in the foreseeable future .. 🤙🏼

GM Nostr 🧡⚡

New podcast release featuring nostr:npub1tr4dstaptd2sp98h7hlysp8qle6mw7wmauhfkgz3rmxdd8ndprusnw2y5g and I talking all things nostr:npub1s0vtkgej33n7ec4d7ycxmwt78up8hpfa30d0yfksrshq7t82mchqynpq6j.

For context this was recorded way back in March.

https://coincompass.com/191-bitcoin-basics-podcast-is-foundation-passport-the-best-bitcoin-wallet-for-privacy-with-seth-qanda/?utm_source=rss&utm_medium=rss&utm_campaign=191-bitcoin-basics-podcast-is-foundation-passport-the-best-bitcoin-wallet-for-privacy-with-seth-qanda

Good Morning ☕🥐

More auditory delights 🫡

Join the head of Liquid Engineering Pablo Greco on Thursday in the #BuildOnL2 community to explore the newly open-sourced Liquid functionary code.

Now anyone can create their own Liquid-like network with Confidential Transactions and asset issuance, it’s all open source!

Share this post on Nostr to get Zapped and drop your npub in the live stream comments on the day to stack more Zaps! 🌊⚡️

https://community.liquid.net/c/events/ama-liquid-functionary-code-goes-foss

Not that I would want to create my own Liquid-like network, but at least we're getting somewhere with FOSS.

#Blockstream

#Bitcoin

#Liquid💧

nostr:nevent1qqs23eanr7wc6c0q6tewhawv8pg602sdzp0wyarlxt5uvgkmpg50f9spr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyzfzj3thn7fl6zeht8c32l3an73q707jf39c72702gx2eajf4amk6qcyqqqqqqgvdhqcz

The lightning network provides instant settlement, onchain doesn't. If you want everything for free you have to self host which costs time.

Lightning is supposed to be instant settlement for a fraction of the cost of onchain.

I never said I wanted it for free, I was quite happy to pay the previous fees. Like I have said in the comments in this thread, a markup this high is quite hefty, and a minimum cost of 4 sats makes a 1 sat zap not worth the effort.. 🤷🏻

Absolutely 😊 really happy to never think of moving again.

You're living my dream 😉🤙🏼

Completed on new house purchase. Forever home. 6 bedrooms, great views, big office, cellar for a gym, enough bathrooms so I can sit on the toilet for as long as I need without being bothered. Time to make baby number 5 soon. Doing good 😊

Let the good times roll sir! 🤙🏼

They develop a insanely good app and provide all the infrastructure and lend you bitcoin as liquidity. IMO the price is more than fine considering the hidden costs of credit cards.

I'm sorry, but I don't think that we should be comparing it with a doomed system .. that would be like tempting the fates 🤙🏼

That being said, if I wanted to pay those kind of fees I would be using bitcoin onchain, not the lightning network .. 🤷🏻

their fee schedule should be as follows:

- only mining fees are due on incoming payments (vs 1%/3000 sat)

- 0.4% for sending Lightning payments (vs 0.05% - 0.5%)

https://bitcoinmagazine.com/technical/new-phoenix-lightning-wallet-beta-reimagines-the-self-custodial-experience

Exactly! .. sending payments at that rate is quite high, don't you think?

With Phoenix, I'm used to paying around 0.1% or less (which I think is reasonable) .. I'm afraid I just can't keep using lightning, paying at those rates, for everyday transactions .. I have to look elsewhere

You should try to only open larger channels with larger transactions first. Next, these fees are the cost of being a self custodian of your Lightning funds. Running your own node comes with a cost. Phoenix is providing a service.

The transaction was large enough, and my migrated channels were ample ..

Also, to send 1 sat it costs 4 sats!? .. this makes no sense!

As I have said, I don't mind paying fees to a service, but an increase of x5 is asking too much of a lowly pleb .. 🤷🏻

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