120 sats \ 0 replies \ @Descent 19 May 2023 \ parent \ on: Wallet of Satoshi has 2432 active lightning channels! bitcoin
Most likely up. When creating channels, you want at least one good connected channel. This will allow for fewer failures for transactions. Somebody with limited funds or just starting may just pick the biggest connected channel they can find.
In addition, WOS is simple to use for small payments thus, a person can have a direct channel to their WOS wallet too.
For small transactions, Wallet Of Satoshi works well.
“Best wallets” are non-custodial Breez, Phoenix, and Blixt. Blixt has more of a learning curve.
10 sats \ 0 replies \ @Descent 13 May 2023 \ parent \ on: I cancelled my Fold Spin + subscription bitcoin
Paying my credit cards every month, and car payments via PayPal bill pay easily pays for the spin + subscription. I end up getting at a minimum 3 % cash back (2% cash back card, and fold 1%).
I have never been a fan of Phoenix. Breez at least makes an on chain transaction after closing a channel.
Hopefully you can recover your funds.
An allocation of 1% to 5% into crypto is reasonable. If you DCA, the amount won’t break the fiat bank. $100 investment would be $5 for 5%. Many Americans spend more than that for morning coffee.
Store the hardware wallet in a safe at your house, the seed at a trusted family member: parent or grandparent. In the event of a robbery in which one item is compromised, with the remaining item (seed or wallet), transfer the fund to a new wallet.
The median projection rate looks like 5 - 5.25 percent. We are currently at 4.75 - 5 percent. The next Fed’s meeting is scheduled for May 3rd. Maybe we will see another .25 % increase next month.
It’s the easiest wallet. Breez, and Phoenix while popular, requires sats up front to create a channel. The fee would take a while to earn with these apps.
Tweetoshi is another option for iOS that requires no additional effort. It's a Twitter app, as you scroll through your feed, you will see ads that earn you sats. You will not make a lot, but if you use Twitter, you might as well use the app.
It’s a game I would play without the rewards. Bitcoin block has become my go to when I have some downtime.
Work for fiat, and foldapp gives cashback for using their debit card. Cashback is based on a gamified spin wheel.
If you still have funds and refresh the game do you lose the funds on the table? I could not figure out how to leave the game so I just refreshed the page.
GENESIS