Damo 🇦🇺 Freedom-tech for the masses! on Nostr: Just tested #lightsats app which comes built-into the breez lightning wallet and can ...

Just tested #lightsats app which comes built-into the breez lightning wallet and can safely say it works great, if the normie at other end downloads WOS (Wallet Of Satoshi) to receive your tip.

Allowing the sender / tipper to track the entire on-boarding process is very cool!

Grey work LightSats team :)

#Bitcoin
#Lightningnetwork
#plebchain
#coffeechain
#stayhumblestacksats

quoting nevent1q…7tmw

𝗚𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗶𝗳𝘁 𝗼𝗳 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗧𝗵𝗶𝘀 𝗬𝗲𝗮𝗿?

Here are a few suggestions to ensure the best experience.



First, it’s recommended that you use services like lightsats (npub13qv…4rrf) or River (npub1xke…d0en), which provide a user-friendly way to gift #bitcoin to someone, along with step-by-step instructions on how the bitcoin can be claimed. 𝘛𝘩𝘪𝘴 𝘦𝘭𝘪𝘮𝘪𝘯𝘢𝘵𝘦𝘴 𝘵𝘩𝘦 𝘯𝘦𝘦𝘥 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘳𝘦𝘤𝘪𝘱𝘪𝘦𝘯𝘵 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦, so they can receive and store their bitcoin safely and easily.

Additionally, it’s important to provide them with advice on how they should custody their bitcoin. This includes explaining 𝘁𝗵𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝘀𝗲𝗰𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗸𝗲𝘆𝘀, and the potential risks associated with 𝘀𝘁𝗼𝗿𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝗮 “𝗵𝗼𝘁 𝘄𝗮𝗹𝗹𝗲𝘁”, or an app that’s connected to the internet. Encouraging the use of hardware signing devices can help protect their bitcoin from potential theft or loss.

And lastly, the recipient should be informed that for the time being, 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗺𝗼𝗿𝗲 𝗼𝗳 𝗮 𝘀𝘁𝗼𝗿𝗲 𝗼𝗳 𝘃𝗮𝗹𝘂𝗲 𝘁𝗵𝗮𝗻 𝗮 𝗺𝗲𝗱𝗶𝘂𝗺 𝗼𝗳 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲, so their bitcoin gift should be kept somewhere safe for several years while Bitcoin matures in price and acceptance. They’ll need to understand that despite Bitcoin’s volatility, 𝘯𝘰 𝘣𝘪𝘵𝘤𝘰𝘪𝘯 𝘵𝘩𝘢𝘵 𝘸𝘢𝘴 𝘩𝘦𝘭𝘥 𝘧𝘰𝘳 𝘢𝘯𝘺 4 𝘺𝘦𝘢𝘳 𝘱𝘦𝘳𝘪𝘰𝘥 𝘰𝘳 𝘮𝘰𝘳𝘦 𝘩𝘢𝘴 𝘭𝘰𝘴𝘵 𝘱𝘶𝘳𝘤𝘩𝘢𝘴𝘪𝘯𝘨 𝘱𝘰𝘸𝘦𝘳, so they should treat this as a gift that will help them in the long-term.

By providing guidance on these matters, your friend or family member can make informed decisions about how to handle their bitcoin gift and ensure its safekeeping. If they follow your instructions, 𝘵𝘩𝘦𝘺 𝘸𝘪𝘭𝘭 𝘣𝘦𝘯𝘦𝘧𝘪𝘵 𝘧𝘳𝘰𝘮 𝘪𝘵 𝘨𝘳𝘦𝘢𝘵𝘭𝘺, not only financially, but also simply by owning some money that’s outside the control of the central banking system.

And even if you aren’t planning on gifting bitcoin to anyone this year, whether because you don’t want to or because you don’t celebrate Christmas, the suggestions above will still be helpful if you choose to give someone bitcoin at a different time.

Regardless, I would like to wish you a good weekend, a merry Christmas, and a happy new year!



Make sure you 𝗕𝗼𝗼𝗸𝗺𝗮𝗿𝗸🔖 this, in case you want to gift a friend some sats later.

And give this a 𝗟𝗶𝗸𝗲🤙 and a 𝗦𝗵𝗮𝗿𝗲🔄, so those who want to gift bitcoin to others will know how to do it.

Know any other ways to give bitcoin as a gift?
Let me know in the 𝗖𝗼𝗺𝗺𝗲𝗻𝘁𝘀⬇️