Thread - Hyper

Unpopular Opinion: Its ok to use a custodial wallet for Bitcoin Lightning because you should only be keeping relatively small amounts of Bitcoin on a Lightning wallet even if running your own node which has its own risks. 99% of savings should be in the main chain, in cold storage. Cold storage is not yet supported by lightning to the best of my knowledge. @Wallet of Satoshi is definitely my favourite hot wallet for many reasons!

Replies (5)

KrazzyTrukker 2 years ago

I send sats from WOS to my BTC cold storage address. No exchqnge/swap. I also use muun.

cryptowolf 🛡️ 2 years ago

↩ replying to KrazzyTrukker

Thats what im talking about :)

npub1j5vp...zjgg 2 years ago

↩ replying to KrazzyTrukker

Fiat Shenanigans 🤡🌎 🛡️ 2 years ago

Phoenix is better for everything Lightning except receiving zaps on Nostr. I receive to WoS or Alby but I send zaps from Phoenix.

cryptowolf 🛡️ 2 years ago

↩ replying to Fiat Shenanigans 🤡🌎

I receive and send zaps with Alby on Nostr. But for mobile phone, Wos. WoS is nice because its all-in-one Bitcoin and LN, great for micro-transactions on the go world-wide, without the confusion of LN vs on chain. This is one of the challenges reported when visiting El Salvador and paying locals. For LN I support WoS because its the path of least resistance, and most user friendly for newbies. I personally would prefer something like Phoenix, but for the sake of fluidity with other users in the field I see the value in WoS from many aspects.