10 sats \ 7 replies \ @siggy47 5 Feb 2023 \ on: Onchain or Lightning bitcoin
Same here. I really only use on chain for transferring my sats to cold storage. Everything else is LN.
Yup. Transfer to cold storage, transfer to my kiddos (in lieu of allowance) is pretty much all I use onchain for. My oldest has a zebedee wallet, so lately I am also using lightning as well to give him little tips 100 sats, 1000 sats etc for being helpful around the house.
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Same. I avoid on chain BTC like the fucking plague. Too volatile, and I don't have time to wait an unknown amount of time for confirmation either.
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Why do you like telling everyone how dumb you are?
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' Dont have time ' 🤔
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Yeah, I don't. Sorry, I don't have time when transacting cryptocurrency to wait sometimes up to an hour for a block to be mined and get a confirmation. I'm not patient because what I am doing is time sensitive. This is why I use other cryptocurrencies if lightning isn't an option that generate blocks more frequently and the wait time is almost non-existent or five minutes for a confirmation. This is a problem with layer one Bitcoin. You all know it and is where BTC Is not king.
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They trade that convenience for rapidly centralising validators instead. LN makes it irrelevant anyway.
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