Oddbean

Pretty good privacy flow that covers *most* average Bitcoin use cases 👇 BUY 🤖 - For use when you want to obtain sats that are not tied to your personal identity #noKYConly ➡️ Robosats Trade > Use proxy invoice when withdrawing to own your node > Accumulate/spend from own node. SPEND 🪙 - For use when you want to use Bitcoin as money ➡️ Not too much to say here, LN has good base level sender privacy when using your own node. STORE 🧊 - For use when your node balance gets close to channel capacity, or to a value that you want to move to cold storage ➡️ Carry out atomic swap on something like https://boltz.exchange (use the .onion address) to go from your Lightning channel balance, straight to an address controlled by your hardware wallet. Boltz has a 0.5% service fee, plus you'll of course need to pay miner fees, which are negligible at the time of writing. NOTES 📔 🟧 Your purchase sizes are limited by your inbound liquidity. Plan ahead! 🟧 If you don't want to or can't run a node, swap out that step for a @ZEUS Olympus channel with a lightweight node on your phone. I recommend Zeus because spends from there are more private than in Phoenix due to client side path finding 🟧 When using the proxy invoice feature in Robosats, you may need to adjust routing fee and proxy provider allowances slightly Happy to take questions or comments. Put down the CashApp and give it a go anon, I dare you!

So many robosat offers are Strike pay only which worries me because if the seller is receiving the fiat payment to strike and then also sending the sats from their strike balance (which makes selling extremely convenient) those payments can be fairly easily correlated

Robosats has it under an advanced toggle when you're asked for the final invoice. You can also wrap in any invoice you like outside of Robosats with lnproxy.org Zeus uses them by default if you're using an Olympus channel I believe

Kind of yeah, the proxy server knows the final destination of the payment (your node), but in this context, you're trying to separate that info from the the seller + robosats coordinator, which is does just fine.

Utxos <1m may also be combined when forming a txn and one can combine dust outputs together if they all belong to one entity if possible. Why so much myth about” will be economically unviable”. Just like I can combine a penny with a dime or a quarter and then add that sum and spend it. I can do the same with utxo and burn some of that dust on miner fees. Or use that utxo dust as a Payjoin when receiving.

Sure, but when I combine or consolidate I will use/ burn those dust utxos into fees instead, sure it cost more but it’s spendable. goal is to get rid of the dust as part of miner fees. I still don’t buy this bullshit that one need to have 1mil size utxo or bigger now as a minimum total bullshit.

Even if you combine them, you might end up paying more for adding another utxo to the transaction than what that particular utxo is worth. In meat space it's not more expensive to add 10 $1 bills together than spending 1 $10 dollar bill. But in bitcoin land adding a new utxo increases the size of the transaction therefore increasing the total fees for that transaction. There will be a fee level at which certain utxos will be more expensive to send even if added to a transaction with more utxos

Likely not an option for the majority of your audience, but in #Vietnam it's still pretty simple to buy Sats without KYC procedures. We do operate a Cash Office in Saigon as well as several Bitcoin ATM outlets across the area :-) Possibly useful if on vacation and looking to grow the unregistered BTC stack :-) 2) Cashing out BTC (Lightning, On-chain, Liquid) to either cash (currently 5 cities supported) or bank wire (any valid Vietnamese bank account) is also supported. Which allows visitors to live in Vietnam pretty easily without the need for a bank account :-) https://m.primal.net/KYoS.png