lnbits-legend VS BTCPay Server

Presenting LNBits!!!!

Recurring Bitcoin payments over lightning are coming - with recent announcements from lnbits (here) and CoinCorner (here)

If you take a look at the free, open source, off-the-shelf software LNBits (lnbits.com) there is no programming needed. You can even just pay $12/mo to https://voltage.cloud and have it all hosted in the cloud and is set up in <90 seconds. All the things I mentioned in the OP have a pretty UI to configure it all.

2.) Set up your own self-hosted install of https://lnbits.com (or use cloud hosted version at https://voltage.cloud for ~$10 USD/mo).

> I think you make an interesting point about micro payments. Micro payments could be an avenue for crypto to actually achieve some legitimacy and usefulness.

I've been testing out the Lightning Network (Layer 2 of BTC) recently and it seems that the future has arrived. I can accept micropayments in BTC over LN, which get immediately converted to dollars and deposited to a bank account in USD. All for ~$0.01 fee per transaction. Here's how:

1.) Open an account at https://strike.me. This app is very similar to CashApp, but supports getting paid on the Lightning Network. I believe CashApp is also working on this functionality.

2.) Set up your own self-hosted install of https://lnbits.com (or use cloud hosted version at https://voltage.cloud for ~$10 USD/mo).

3.) Connect LNBits to Strike.

4.) Set up a Point of Sale (or paywall, or event tickets, or tip jar, or anything else) on LNBits.

5.) Collect a payment in LNBits.

6.) That BTC is immediately forwarded to Strike, converted to USD and available for withdrawal to your bank account.

Following these steps you can collect micropayments in USD for next-to-nothing fees and no exposure to the volatility of BTC.

LNBits - Withdraw extension - https://github.com/lnbits/lnbits-legend/tree/main/lnbits/extensions/withdraw

There's a draft pull request in LNbits for this purpose, and an accompanying article that describes the process of initializing the card. So the tools are still in the process of being built for home use atm.

Sounds similar to LNbits: https://lnbits.com/

Bitcoin users abandoned bitpay about six years ago during the blocksize wars, because they joined the bcash attack. Now anyone that wants to accept bitcoin payments, and especiallly through lightning, uses the open-source btcpay.

> It was also an interesting learning experience, implementing it was much harder than we anticipated and I hope others in the same position can benefit from our learnings.

Well done, never mind that guy, he clearly has an axe to grind and doesn't seem to grasp very much other than his out of touch talking points: did you look into using BTCPAY [0] server?

Things are still not as easy as they should, but have seriously advanced in the last few years.

0: https://btcpayserver.org/

Game changer for us is BTCPay Server since a big point of crypto is removing banks/middlemen. Rock solid and bitcoin goes directly to our wallet that we control the private keys for. No Coinbase. No Bitpay. Just actual bitcoin. Highly recommended

Since the transaction which would be running are not going to be that large of a quantities where each and every % matters, I think it would be safer to go with something like nodeless as referred. For some larger operations https://btcpayserver.org/ would be somewhat better. Thank you for the help!

Did you teach them about lightning? BTCPay Server?

Merchant using BTCPay Server