Oddbean

For all the merchants looking to accept Lightning in their @btcpayserver stores, I highly recommend checking out this newly launched plugin from @Blink – The Everyday Bitcoin Wallet! This is a HUGE deal - once you have Blink account and tie it through Lightning connection, not only can you seamlessly accept payments without worrying about channel management and liquidity, but you also have the option to hedge in StableSats USD. Here's a trailer showcasing the plugin in action: https://m.primal.net/HWYe.mp4 And then blog post on Blink's website explains all the details of setup and vision behind plugin: https://www.blink.sv/blog/introducing-the-blink-plugin-for-btcpay-server So far in my own testing everything is working very smoothly; I'll continue to explore and play with the tech, as this has absolute potential for use in all my merchant setups and workshops at the conferences. Finally - h/t to @kukks who is the coding powerhouse behind the plugin. It's all FOSS, so check out git repo on: https://github.com/Kukks/BTCPayServerPlugins/tree/master/Plugins/BTCPayServer.Plugins.Blink

From the lens of a merchant who is not a BTC/LN wizard the benefits would be: 1) automagically receive payments quickly, cheaply (dont have to care about how LN works, manage my channels, liquidity) 2) have the option of not dealing with btc price volatility when accepting Custodial seems the trade-off for 1).

BTCPay App has been announced and worked at. USD in my view will always be custodial in some manner because it's a fiat tech. Finally - I don't understand why need for 🌶️ and negativity. Like why create drama online - if you don't like something - hit me up in DMs - tell me what is the problem and what you want me to do. Let's not use my posts to drag down cool FOSS tech that can be used to onboard more merchants.

This is a plugin Galoy / Blink developed with Kukks in his free time. Base BTCPay Server has LND integrated in the stack so you can use it in fully self sovereign way for over 5 years... I've done integration and supported it ever since.

I am not a BTCPay customer today, and I anticipate a feature request that may benefit BTCPay customers by reducing the custodial risk @ROCKSTAR : If custodial account reaches (a user set, non trivial amount of) X sats, automagically transfer from my custodial to my non-custodial wallet.

I would call it being upfront and direct about the tradeoff that is made: convenience and ease-of-use for sovereignty and full control. The alternatives are either being technical and running a server yourself or going through extensive KYC and then using closed source services where you pay a % of your revenue as fees. Blink X BTCPay is offering merchants a middleground with a reliable service on open source software and just a phone number for registration, no fees for Intraledger / Lightning payments and 0.2% spread for Stablesats conversion. I'm hopeful this reduces a lot of friction for using BTCPay tools and will make bitcoin payments in (e-)commerce a lot more accessible. We'll see.

I can confirm that this set up is amazing. I set up two merchants today using @Blink – The Everyday Bitcoin Wallet and @btcpayserver. If you're pushing adoption with merchants in your area, you'd be hard pressed to find an easier setup. 👏 Huge thanks to @nicolas @kukks and @ROCKSTAR for making this happen! nostr:note17qt5smhl9f8wdvx37pgur4d4345jmv74ak2h5sqw9620yu0av9kqmfcxeu

That’s awesome. Join us on spaces later with @El Flaco , would love to hear about it! (We may try to hold nostr nest as well but here’s X link in the meantime) https://twitter.com/i/spaces/1mnxepezMOYJX