BitcoinBrabant on Nostr: CONSOLIDATE YOUR UTXOs! UTXO management is very important. When fee environment ...

CONSOLIDATE YOUR UTXOs! UTXO management is very important. When fee environment allows, people order on-chain with us. When the bitcoin price rips you might want to spend some sats in our shop. But the fees might be astronomically high. In general it is wise to use lightning for spending. Lighting liquidity and opening channels is cheap now. You can also make it easy for yourself and use custodial or semi-custodial applications. Take advantage of this low fee environment. If you order with us via lightning there is no history to your UTXOs, you have more privacy and you don’t have us consolidate and burden the chain too much. Unless you are a miner or a philanthropist bitcoiner off course 😂 But seriously, be careful with spending bitcoin from your main stack or cold storage. We delete all your data and spend the bitcoin in the circular bitcoin economy, so it does not go through KYC rails via us ever. If you really want to spend on-chain make sure to always have a spending wallet. Even though we delete all your data, we can’t ensure while spending the consolidated UTXOs, someone is not following every spending trail. And congrats to all miners 1 sat/vb finally in sight.