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Dear post starter save BTC in non custodial wallet is risky practice, pay BTC with Binance Pay is better except for amount small than 2000 sats pass by Blink Sv
Are you born ignorant or you became like that? How?
I just give my point of view only. 30 CC for your good reply.
Make sense. Automated clanker?
Hello, I just say for amount like pay 100 $ for BTC LN so keep in Phoenix 100 $ is risky so you may pay with Binance so what is the problem of giving this point of view? Phoenix for seed phrase could access your funds, for amount below than 2000 sats you pay with Phoenix or Blink Sv (as Phoenix incompatible Binance) so what is the problem of giving point of view or own perspective? It is community to exchange ideas simple.
Yes, no doubt. Feel free to share and ask questions. There’s a lot of misinformation out there, so I wanted to raise this point: consider digging into Phoenix and other non-custodial wallet options.
If Binance shuts down tomorrow, you’d be exposed. Ever heard of Mt. Gox or FTX? Don’t rely solely on custodial services.
How are they using the Bitcoin network for this?
I doubt it’s on chain settlements for each transaction.
Is just another Strike, CashApp/Square for philipines. In other words an INTERMEDIARY.
Final settlement is in fiat not in sats. The BTC network is used just as a "transport" for fiat.
Nothing burger to see here.
How do they use lightning? Do they run their how node and infrastructure?
doesn't matter
is somehow "Lightning" not onchain. It sais in the title.
Noise and misleading.
This is not paying WITH bitcoin,, but USING bitcoin network as a new paypal.
When bitcoin is used as a PARALLEL system (Bitcoin circular economy) then it will became money. Otherwise is just another bullshit paypal.
People always forget this:
Stop using fiat at all. Stop demanding fiat. Each time you use a fiat intermediary, you are DEMANDING more fiat, you are literally perpetuating fiat existence.
Demand to be paid in BTC.