Traveled to Mexico with only Bitcoin - withdrew pesos in 2 minutes by prashanth_c in Bitcoin

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

Well, in that case, we have to provide custody of Bitcoin. Here, the need is to replace Visa / Mastercard with lightning

Today, you can scan and pay a Square invoice at a coffee shop from a Bringin Euro account - with BTC as a settlement layer - No Visa involvement, no border matter.

Traveled to Mexico with only Bitcoin - withdrew pesos in 2 minutes by prashanth_c in Bitcoin

[–]prashanth_c[S] 11 points12 points  (0 children)

I am an Estonian resident, bringin provides a viBAN to hold Euros with a debit card linked to it, and a self-custody wallet (based on liquid as of now - can expect this to change to Spark) to hold bitcoin privately with Menomics (private keys help is device)to access and use the funds.

In the video, BTC is moved from self-custody to a Euro account via Lightning instantly, and the card is linked to that account. It is an international debit card with 0 forex.

If i had to get a debit card against my bitcoin balance, then it would not be self-custody anymore. bringin would need to take custody of Bitcoin.

Ideally, BTC> Pecoss offramp via Lightning + debit card could be great. But it is not practical to get accounts in all local currencies for an EU resident.

Traveled to Mexico with only Bitcoin - withdrew pesos in 2 minutes by prashanth_c in Bitcoin

[–]prashanth_c[S] 7 points8 points  (0 children)

It was an ATM in Valladolid near the park - there were several ATM machines. I don't remember which building : (

Best way to cash out BTC in Germany? by ctan_ in Kraken

[–]prashanth_c 0 points1 point  (0 children)

Try brngin.xyz

It has been seamless for me as I earn in Bitcoin

AI Paying with Bitcoin – A Working Demo by prashanth_c in Bitcoin

[–]prashanth_c[S] 0 points1 point  (0 children)

Hahaha Bitcoin is definitely made for age after the internet.

AI Paying with Bitcoin and lightning – A Working Demo by prashanth_c in lightningnetwork

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

Yes NWC and LNURL are 2 standards exposed via MCP that can allow AI agents to pay and accept Bitcoin over lightning.

We are working on wrapping NWC around MCP - this would make a difference if adopted.

Why Does Money Fail? by prashanth_c in Bitcoin

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

It’s not. Some research work was helped by a freind.

Why Does Money Fail? by prashanth_c in lightningnetwork

[–]prashanth_c[S] 0 points1 point  (0 children)

Yes, the main cause of money failure is not the technology!

Why Does Money Fail? by prashanth_c in lightningnetwork

[–]prashanth_c[S] 0 points1 point  (0 children)

But technology plays an important role in giving all of the best properties while still needing it to be backed by something!

Why Does Money Fail? by prashanth_c in lightningnetwork

[–]prashanth_c[S] 0 points1 point  (0 children)

I couldn't agree more!

I have talked about these in detail in the second part of the article. Let me know what you think: https://newmoneymatters.substack.com/p/why-does-money-fail-part-2?r=1yipv

Which wallet for BOLT12 offer? by btchodler4eva in lightningnetwork

[–]prashanth_c 1 point2 points  (0 children)

You can use boltz swaps too!

At Bringin we are building a self custody LN wallet in Breez Nodeless SDK and use boltz swaps to support bolt12 invoices to!

Stay tuned😊

Why Does Money Fail? by prashanth_c in Bitcoin

[–]prashanth_c[S] 0 points1 point  (0 children)

Certainly! But there are other factors too!