ok. I consider myself tech savvy. Halfway through this, i listened with all ears and will rewatch it again. as this will help. We have a static location that can accept bitcoin so breez seems to be the better option, but it is best to learn the method of setting up a node for bigger businesses as this is next gen tech.
Thank you so much for this amazing video! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
Thank you for making this video 😊 great research on all the different types i definitely will be using one of these options in my business very soon ☺️👍👍
Thank you for making this video. It definitely provides the solution I have been looking for, however I remain concerned as these procedures are still complex and intimidating for non-technical people, I hope new simpler options will emerge, allowing rural sectors to implement and receive private and non-custodial Bitcoin easily. This video is going to be highly watched! 👍
Instead of using voltage would using a Start9 Embassy be possible and cheap where BCTPay, Website hosting behind Tor and other useful services are available?
Cold Storage just means your private key is kept on a device that isn't connected to the internet. Your private key isn't needed for receiving payments. Just for sending them. All that is needed to receive on-chain payments is an address, whether a static address, or a new address for each receive, generated using an xpub. There are, of course, some significant privacy concerns about using a static address, even if the private key is stored on a cold signing device. There are also privacy concerns if you use wallet software with an xpub on a device that is always connected to the internet in order to generate a new address for each transaction. However, if the private key isn't stored on an internet connected device, then it is still considered "cold storage", because the private key is what is needed to sign for any outgoing transactions.
Unfortunately Voltage's Standard Node service is now running closer to $30/month. That said I prefer to run my own node at home and learn how to manage liquidity on my own as well even if it takes a bit longer to figure it all out.
Hey Jonathan, I am about to be a Computer Science Grad and I have been thinking about modifying a Dringk Vending Machine that will also accept Bitcoin as payment. I am very much intrigued accepting Bitcoin the SECURE way and I was just wanting your thoughts on weather I would have to manually accept the payment in order for the Vending Machine to function properly (Ex. someone sends BTC to a generated wallet address on a screen that is on the Vending Machine, am I able to have the machine detect weather payment has been sent? and, would I have to manually accept the payment before the machine continues its operation?). I would greatly appreciate your feedback!
Hi Jonathan, I've been following the news repeatedly on Bitcoin's lightning network. I am glad that I found your channel. your videos are great. Please can you assist me with the correct Lightning Bitcoin token to purchase. there are two listed on CMC. Thank you & keep those videos coming.
Hi! I don't know what CMC is, but Lightning Bitcoin is the same as normal Bitcoin... it's just already loaded into Lightning Channels. The best place to buy Bitcoin that can be used on Lightning Network is Strike: jle.vi/strike (there's $10 free for you). If you want to do a 1-on-1 call with me, visit bitcoinftm.com :)
Never seen a guy who is a bitcoin convert and preacher as good as you.
ok. I consider myself tech savvy. Halfway through this, i listened with all ears and will rewatch it again. as this will help. We have a static location that can accept bitcoin so breez seems to be the better option, but it is best to learn the method of setting up a node for bigger businesses as this is next gen tech.
your content is generally better than the most. subscribed. thank you 🙏
This was exactly the kind of video I needed comparing LN solutions. Cheers!
You're The Next Layer guy - - thought you looked familiar haha. Great breakdown man - appreciate it.
What about the issue with the lightning network itself being centralized?
Thank you so much for this amazing video! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
Kudos to your effort for sharing such a informative content like this. Thanks a bunch!
Thanks, it really means a lot! :)
Thank you for making this video 😊 great research on all the different types i definitely will be using one of these options in my business very soon ☺️👍👍
Thank you so much, Levi👍
Bitpay is not compatible with Bitcoin because you have to sign up for their wallet in order to make a payment.
That can’t possibly be true….?
Thank you for making this video. It definitely provides the solution I have been looking for, however I remain concerned as these procedures are still complex and intimidating for non-technical people, I hope new simpler options will emerge, allowing rural sectors to implement and receive private and non-custodial Bitcoin easily.
This video is going to be highly watched! 👍
You made my day! Yep, we're getting better and easier. Breez is super easy!
Can i use btcpay on my node without the reverse proxy bit?
Great question! Yes, you can, but it will only be available on your local network or via a Tor browser. Not the normal web.
So that’s good for local storefronts but not internet stores. Get it?
@@Bitcoinftm Got it, thanks.
Amazing work, thanks so much!
Glad you like it!
Instead of using voltage would using a Start9 Embassy be possible and cheap where BCTPay, Website hosting behind Tor and other useful services are available?
BTCPay released another proxy solution through cloud flare since this video came out which will probably be even better.
how can you receive payments into cold storage? Wouldn't it not be cold storage if that were possible?
Cold Storage just means your private key is kept on a device that isn't connected to the internet. Your private key isn't needed for receiving payments. Just for sending them. All that is needed to receive on-chain payments is an address, whether a static address, or a new address for each receive, generated using an xpub.
There are, of course, some significant privacy concerns about using a static address, even if the private key is stored on a cold signing device. There are also privacy concerns if you use wallet software with an xpub on a device that is always connected to the internet in order to generate a new address for each transaction. However, if the private key isn't stored on an internet connected device, then it is still considered "cold storage", because the private key is what is needed to sign for any outgoing transactions.
Unfortunately Voltage's Standard Node service is now running closer to $30/month. That said I prefer to run my own node at home and learn how to manage liquidity on my own as well even if it takes a bit longer to figure it all out.
Fair play. I would love to do this for my business. Could you suggest any learning resources?
@@lukebaker8263 Not at the moment, other than perhaps more videos from this channel (including this one) as I'm still trying to learn myself.
I'd be happy to help you, I do offer consulting at pretty affordable rates at bitcoinftm.com
Great video thanks.
Hey Jonathan, I am about to be a Computer Science Grad and I have been thinking about modifying a Dringk Vending Machine that will also accept Bitcoin as payment. I am very much intrigued accepting Bitcoin the SECURE way and I was just wanting your thoughts on weather I would have to manually accept the payment in order for the Vending Machine to function properly (Ex. someone sends BTC to a generated wallet address on a screen that is on the Vending Machine, am I able to have the machine detect weather payment has been sent? and, would I have to manually accept the payment before the machine continues its operation?). I would greatly appreciate your feedback!
Hi Jonathan, I've been following the news repeatedly on Bitcoin's lightning network. I am glad that I found your channel. your videos are great. Please can you assist me with the correct Lightning Bitcoin token to purchase. there are two listed on CMC. Thank you & keep those videos coming.
Hi! I don't know what CMC is, but Lightning Bitcoin is the same as normal Bitcoin... it's just already loaded into Lightning Channels. The best place to buy Bitcoin that can be used on Lightning Network is Strike: jle.vi/strike (there's $10 free for you). If you want to do a 1-on-1 call with me, visit bitcoinftm.com :)
Awensome info. Like
Love the video !
So glad!
2yrs old
Thanks for covering Voltage at this timestamp! ua-cam.com/video/-x6szorXdgM/v-deo.html
You got it chief
Too old