El Salvador’s new Bitcoin wallets could cost Western Union $400M a year

Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by spyder on Thursday September 09, 2021 @10:19AM (#28469963)

But even with lightning it's just cheaper but not free or is it?

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Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by kevinak on Thursday September 09, 2021 @10:28AM (#28470059)

For all practical use-cases it is. Last time I used LN (earlier today) it cost me 0.05% to send some money.

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Re:El Salvador’s new Bitcoin wallets could cost Western Unio... by lawn on Thursday September 09, 2021 @11:35AM (#28470848)

Considering that you'll need at least one Bitcoin transaction to use LN, then yes it's still expensive.

(You don't have to if you use more centralized solutions, which is what most use.)

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