I am new to BTC but am trying to learn as much as possible as quickly as possible. At first I was simply buying BTC on an exchange and then transferring it to cold storage.
But Jeff Booth (npub1s05…eyhe) inspired me to try and start spending and replacing it.
Well today I had my first merchant transaction. I ordered food from a place I had no idea accepted BTC!
The process was a little scary at first. There was a 5 second pause btw clicking "pay" and the lightning payment going through, but it went through and a few min later I had my food!
Just incredible. Still need more development on the lightning payments side in terms of user interfaces. Just my 2 cents.
Also, curious what everyone's thoughts are on cold storage. Not sure which device is safest. Then someone told me not to use a device at all and put seed phrases on steel plates?!?!? Or to do a multisig?!?!?
What's everyone's thoughts? I want to spend now, but I also want the absolute most secure way to hodl and save for the long term.
chipster / Chipster
npub19x…05mqf
2023-04-25 13:47:48
Author Public Key
npub19xswqmnuhlquthud828p06swfwkl78p30l8z5xmsmp2f5lnyenmsc05mqfPublished at
2023-04-25 13:47:48Event JSON
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"created_at": 1682430468,
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"content": "I am new to BTC but am trying to learn as much as possible as quickly as possible. At first I was simply buying BTC on an exchange and then transferring it to cold storage. \n\nBut #[0] inspired me to try and start spending and replacing it. \n\nWell today I had my first merchant transaction. I ordered food from a place I had no idea accepted BTC!\n\nThe process was a little scary at first. There was a 5 second pause btw clicking \"pay\" and the lightning payment going through, but it went through and a few min later I had my food!\n\nJust incredible. Still need more development on the lightning payments side in terms of user interfaces. Just my 2 cents.\n\nAlso, curious what everyone's thoughts are on cold storage. Not sure which device is safest. Then someone told me not to use a device at all and put seed phrases on steel plates?!?!? Or to do a multisig?!?!?\n\nWhat's everyone's thoughts? I want to spend now, but I also want the absolute most secure way to hodl and save for the long term.",
"sig": "86e44769ef8605a015637ad3a764d31f471a0537ce80084d78c7d134dce3cc60d650068673edba16d06634466f031f4499ae0b0b9ee2fdfc3a01af306d34764c"
}