Modus on nostr

Open in Damus

Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand. It is an incredibly robust way to prevent ...

Modus @Modus 1683417182

I would love to hear a Citadel Dispatch episode on the Liquid network. I think it could be a good alternative in a high fee environment. In particular I'm curious to hear what Wiz thinks about the usefulness of Liquid these days.

5❤️1🤙1

nostrich · 167w

I have very much enjoyed using the SideSwap app. Problem is, I have yet to see a merchant that accepts liquid bitcoin. Peg ins & peg outs are 0.1%, which imo is not too much for occasional on chain transactions. Minimum on chain payment (peg out) amount is currently 100,000 sats, but with current on...

Of all the problems you listed, the fact that merchants don't use it seems to be the most important, and that can be addressed. Let's get more merchants using it! And it's not just merchants but also peer-to-peer exchange: not enough people use it. So let's start using it. nostr:npub12z5nym0qkxhdr...

BtcPins · 167w

https://media.tenor.com/oClBWNg6wLoAAAAM/craig-robinson.gif

BtcPins · 167w

Better to use tools that let users seamlessly swap between the two, so you can pay Bitcoin/lightning using whatever other thing you want. I only want to accept Bitcoin. I have no use for liquid or anything else like that.