What is Nostr?
bitcoiner7 nym
npub13qm…55wf
2024-01-18 16:52:52
in reply to nevent1q…lmu9

bitcoiner7 nym on Nostr: I guess I could also, I tested it but I don't know if it makes sense to do at scale, ...

I guess I could also, I tested it but I don't know if it makes sense to do at scale, use fixedfloat .com to send Bitcoin lightning and get Monero

Then, after a while, reverse: send Monero to get Bitcoin again, on lightning

Then send from lightning to on chain cold wallet

But this is slowly getting expensive, fixed float 0.5 percent each way

Lightning fees and monero fees are negligible
Bitcoin one on chain fee I would need to pay for anyway, in this scenario, to exit from lightning, in base scenario to move from hot to cold wallet

I'm probably overcomplicating it


Author Public Key
npub13qmz34g8fpkhpavfsx6wq00u4nhu28w5aa787r05q3f6zkpj9jzqtt55wf