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chipster / Chipster
npub19xs…5mqf
2023-04-25 13:47:48

chipster on Nostr: I am new to BTC but am trying to learn as much as possible as quickly as possible. At ...

I am new to BTC but am trying to learn as much as possible as quickly as possible. At first I was simply buying BTC on an exchange and then transferring it to cold storage.

But Jeff Booth (npub1s05…eyhe)​ inspired me to try and start spending and replacing it.

Well today I had my first merchant transaction. I ordered food from a place I had no idea accepted BTC!

The process was a little scary at first. There was a 5 second pause btw clicking "pay" and the lightning payment going through, but it went through and a few min later I had my food!

Just incredible. Still need more development on the lightning payments side in terms of user interfaces. Just my 2 cents.

Also, curious what everyone's thoughts are on cold storage. Not sure which device is safest. Then someone told me not to use a device at all and put seed phrases on steel plates?!?!? Or to do a multisig?!?!?

What's everyone's thoughts? I want to spend now, but I also want the absolute most secure way to hodl and save for the long term.
Author Public Key
npub19xswqmnuhlquthud828p06swfwkl78p30l8z5xmsmp2f5lnyenmsc05mqf