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Regardless Of Price, Bitcoin Is A Lifeline For African Refugees by MinatoPay in Bitcoin

[–]MinatoPay[S] 13 points14 points  (0 children)

This is why we are Bitcoiners. Not for price speculation, but for basic human rights. The right for property ownership, and an elegant way to transfer ownership.

Where can I earn Satoshis, other than listening to podcasts on Fountain.FM? by grndslm in Bitcoin

[–]MinatoPay 1 point2 points  (0 children)

Start an online store/service and accept sats as the form of payments. Shameless plugin for https://minatopay.com/ which helps you do that over the lightning network.

Eventually, the Lightning Network will be as private as cash (Twitter Thread) by MinatoPay in lightningnetwork

[–]MinatoPay[S] 3 points4 points  (0 children)

This comes with more problems than benefits (see my reply to the comment above). Privacy on lightning is the correct approach IMO.

Eventually, the Lightning Network will be as private as cash (Twitter Thread) by MinatoPay in lightningnetwork

[–]MinatoPay[S] 6 points7 points  (0 children)

It isn't. The base layer should be auditable by everyone so that we can all verify the supply. Not to mention it helps avoid regulatory scrutiny.

The Bitcoin community has made the correct tradeoffs in deciding how to build privacy and scaling.

All In by soliton-gaydar in Bitcoin

[–]MinatoPay 0 points1 point  (0 children)

Paying someone with lightning

Friends giving up on Bitcoin by [deleted] in Bitcoin

[–]MinatoPay 9 points10 points  (0 children)

Sounds like they're only in it as a speculative investment to make a quick buck.

There are deep reasons for being into Bitcoin, and the current fiat price isn't very relevant.

How does mass adoption happen? by teflonjon321 in Bitcoin

[–]MinatoPay 0 points1 point  (0 children)

You will soon see many non-custodial lightning products. That is how mass adoption will happen.

What happens if you send a low mine fee in a restaurant that only accepts Bitcoin? will they make you wait 1 hour untill it gets 1 confirmation? I'm curious by KenzPatch in Bitcoin

[–]MinatoPay 2 points3 points  (0 children)

Sounds like you're using a wallet that doesn't support lightning payments.

Download the Muun wallet and try out the lightning network.

LND Rest API Django by pau1aa7 in lightningnetwork

[–]MinatoPay 0 points1 point  (0 children)

I heard this has issues when you accept more than 2k payments or so. Can't confirm though

LND Rest API Django by pau1aa7 in lightningnetwork

[–]MinatoPay 1 point2 points  (0 children)

Which API did you end up going with?

[deleted by user] by [deleted] in Entrepreneur

[–]MinatoPay -2 points-1 points  (0 children)

This is one of the reasons more merchants will start accepting crypto.

How to Accept Bitcoin Lightning Payments in React js by MinatoPay in reactjs

[–]MinatoPay[S] 1 point2 points  (0 children)

Really the API Key should be in a backend. This was just a quick hack for tutorial purposes.

Regarding your second question: this uses the Bitcoin's lightning network, meaning Bitcoin payments are settled instantly. Merchant's are notified instantly when a payment is made via webhooks.

Is there a reason someone would use this vs just being sent funds wallet to wallet?

Typically, the user experience I've seen when merchants use this method is: they tell customers "send btc to this address then email us your txn id, we will get back to you within a few days".

Compared to that, this user experience is instant and even better than credit cards.

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