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104 sats \ 8 replies \ @DarthCoin 28 Dec 2024 \ on: Btc fees bitcoin
USE LIGHTNING NETWORK
Onchain is only for opening/closing Ln channels.
LN is THE payment network of Bitcoin.
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How it started...
How is going...
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lol, quite funny though how they talked about how important self-custody is and then showed WoS
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Lol they say it 'doesn't work'. Or it's 'trash' or 'no good'.
Lol OK... as I sit and stack Lightning sats (and zap for good posts) here on Stacker News.
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Maybe I'm incompetent, but I've once used LN to withdraw some sats from Stacker News, and doing so wasn't cheaper than transacting on-chain: I constantly didn't have enough inbound(?) liquidity, pushing me to either buy liquidity or pay higher fees.
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You are in that situation because you didn't read ALL my guides...
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Very probable.
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LN is not Bitcoin.
It is an abstraction, removed one degree from the Bitcoin blockchain.
LN may be fine for small - medium size payments and transactions, but only a fool would hodl large sums on LN.
LN for spending.
Bitcoin for savings.
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