I've downloaded Phoenix wallet. And I haven't done any transactions yet. Because of the high fees. Any thought appreciated.
123 sats \ 1 reply \ @designsats 24 Sep 2023
do it
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1 sat \ 0 replies \ @DarthCoin 24 Sep 2023
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1 sat \ 0 replies \ @DarthCoin 24 Sep 2023
What high fees? Onchain?
Those are only when you open new channels.
After that is OK.
You can also set your own fees in settings.
People that come to Bitcoin because they think is free (no fees) or cheap... THEY ARE WRONG.
Bitcoin wasn't created to compete with banking fees. Bitcoin is far way more than just that.
FREEDOM IS NOT FREE OR CHEAP...
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0 sats \ 3 replies \ @oraltosun OP 24 Sep 2023
If those fees are for the first time and in order to open the channel, then no problem.
I'm going to try it again and I will be abandone Wallet of Satoshi soon.
OK, thank you for your interest.
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5 sats \ 2 replies \ @DarthCoin 24 Sep 2023
You don't need to abandon WoS.
Like I said in this post #70725
Guys, please pay more attention to the details in ALL my guides. I explained there all the aspects of using all kind of wallets.
Bitcoin is NOT about using ONLY one app and done.
Bitcoin is an art of using many apps, in many circumstances.
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43 sats \ 1 reply \ @pillar 24 Sep 2023
I agree so much with you. Understanding the differences between wallets is great, but since you can use as many as you want without much of a cost really, why not use a number of them?
I see purists waving their node + Zeus and dunking on someone because they have WoS. Well, why not also have WoS just in case your node crashes?
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10 sats \ 0 replies \ @DarthCoin 24 Sep 2023
Using those custodial wallets (WoS, Blink, Alby, SN, LNtipbot etc) are the perfect way to HIDE your traces. Keep your non-custodial ones for "other" stuff...
Spending sats is an art.
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