Lightning just isn't easily put into terms that people readily understand. Most people don't understand money and even fewer understand payments.
The reality is that VISA charges >3% for settlement that takes over 2 weeks, while Lightning currently costs 0.67% for instant settlement after accounting for liquidity costs.
If you're not comfortable holding BTC, add an exchange fee of 2%.
Jestopher
npub18y…clpz3
2024-03-13 19:04:05
in reply to nevent1q…64ms
Author Public Key
npub18yvpnchj7yaepjk8yz2pn66hfmmup505aqvx0lpyc3aree0g5fyq8clpz3Published at
2024-03-13 19:04:05Event JSON
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"pubkey": "391819e2f2f13b90cac7209419eb574ef7c0d1f4e81867fc24c47a3ce5e8a248",
"created_at": 1710356645,
"kind": 1,
"tags": [
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"content": "Lightning just isn't easily put into terms that people readily understand. Most people don't understand money and even fewer understand payments.\n\nThe reality is that VISA charges \u003e3% for settlement that takes over 2 weeks, while Lightning currently costs 0.67% for instant settlement after accounting for liquidity costs.\n\nIf you're not comfortable holding BTC, add an exchange fee of 2%.",
"sig": "24102975a4015036b507e83e655b04f6d2d086947f153f2cd812cd2956801671763b1b9e24b6e76c9b328e3ea50abf32cdd369ba67f8bd0911399db1a03635c8"
}