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Not if you swap out using a swapping service like boltz. That means you pay a lightning invoice and the receiver sends you bitcoin onchain.
If you pay a bitcoin address using your Phoenix wallet, you are splicing out. That shrinks your channel, yes.
What is the price of Experience? Do men buy it for a song?
Or wisdom for a dance in the street? No, it is bought with the price
Of all that a man hath, his house, his wife, his children
Wisdom is sold in the desolate market where none come to buy
And in the wither'd field where the farmer ploughs for bread in vain
It is an easy thing to triumph in the summer's sun
And in the vintage and to sing on the waggon loaded with corn
It is an easy thing to talk of patience to the afflicted
To speak the laws of prudence to the homeless wanderer
To listen to the hungry raven's cry in wintry season
When the red blood is fill'd with wine and with the marrow of lambs.
----William Blake
No one around me is a true bitcoiner. They're just stacking sats on CEX, waiting for the price to moon.
Fiery the Angels rose, & as they rose deep thunder roll’d Around their shores, indignant burning with the fires of Orc.
----William Blake
Thanks for this information. I think on Stacker.news there would be a lot of interest in articles on how people in Venezuela are getting by, specifics.
When the stars threw down their spears
And watered heaven with their tears:
Did he smile his work to see?
Did he who made the Lamb make thee?
----William Blake