HighonBTC on Nostr: Does everyone just trust the wallet software to correctly compute the fiat value of ...

Does everyone just trust the wallet software to correctly compute the fiat value of the transaction?

quoting
nevent1q…ntnc

I have asked a question in the past about trusting wallet software to correctly compute the fx rate at point of sale (fiat-BTC)price before. If you dont reside in the US, then calculation is BTC-USD-NZD for example. I do think its best to verify. I am working on a spreadsheet to check all past lightning transactions now.

I never questioned the wallet address though, but transferring money from one wallet to another should carry the same cautions when transferring fiat. If large transactions are done, then do a small amount first, verify and then trust the wallet address.