Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness

1 year ago

A Twitter idiosyncratic from the United Kingdom spent hours sending micropayments to strangers connected the net to show the Bitcoin Lightning Network.

Bitcoin advocator  dishes retired  sats implicit    Lightning Network to rise  BTC awareness

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A Bitcoin (BTC) advocate connected Twitter known by the sanction of ShireHodl, oregon simply Shire, sent implicit 110 micropayments to first-time Bitcoin Lightning users successful effect to Michael Saylor's Lightning Network pool. 

Shire asked those caller to Lightning to download a Lightning wallet from App Store oregon Google Play Store and to nonstop him a QR invoice. To wage the invoice, Shire scanned the codification with his camera, and the Bitcoin Lightning Network did the rest. In the Tweet, Shire said he’d nonstop 1000 sats to arsenic galore radical arsenic helium tin beryllium bothered earlier sleep.

OK guys. Sent 76 implicit the past hr and present I'm tired! Post an invoice and I'm definite different bitcoiners volition prime up the tab though pic.twitter.com/dWytGmsjyf

— Shire (@ShireHODL) December 5, 2022

Speaking with Cointelegraph, Shire said that helium has “sent retired astir 110 payments of 1000 sats.” Sats are abbreviated for Satoshis, oregon the smallest denomination of a Bitcoin. There are 100 cardinal Satoshis successful 1 Bitcoin. Shire said:

“It's not much, possibly $20 successful total, but the full interest is little than a penny. Using a recognition paper oregon debit card, the fees would person been much than the worth transferred, truthful it would person been impossible."

In all, Shire sent implicit 110 micropayments —effectively onboarding 110 caller users to the Lightning Network. The concern proprietor took Bitcoin Lightning's adoption into his ain hands due to the fact that helium recognized that galore Bitcoin users had not utilized Lightning before.

Michael Saylor, Executive Chairman of Microstrategy, asked implicit 60,000 radical if they had utilized Bitcoin Lightning successful a poll:

Source: Twitter

The results of the Michael Saylor canvass inspired Shire to instrumentality action. He told Cointelegraph, “60% of respondents successful his canvass said they person ne'er utilized a lightning wallet truthful this was a tiny inducement to springiness it a go."

 Also, I knew the fees would beryllium minuscule and that radical taking portion would beryllium each implicit the world, demonstrating however LN is borderless and volition alteration micropayments for each kinds of aboriginal applications.

Indeed, successful caller news, the Lightning Network has been utilized to facilitate cross-border payments crossed Africa.

Related: Bitcoin without internet: SMS work allows sending BTC with a text

Shire, a Bitcoin maximalist, added that his experimentation and onboarding masterclass lone works with Bitcoin: “This can't beryllium done with shitcoins either. Fees are higher, colony takes longer.”

“You request instant colony connected an plus with heavy liquidity to beryllium capable to standard this to the satellite and its applications. Only Bitcoin is susceptible of fulfilling this role.”

Shire aims to proceed sending Satoshis implicit Lightning to show that Bitcoin mightiness go planetary wealth someday.

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