lnbits-legend VS satdress

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/

That said, any user who runs a lightning wallet on a server or a raspberry pi can put a wrapper around it like satdress to create a lightning address on their website. Users who try to pay them will then pull an invoice directly from the wallet running on the recipient's device.

Satdress, which handles it entirely for me, at ln.fitti.io

You can also use fiatjaf's satdress server and either self-host – using your own domain and node – or use someone else's instance (like ln.fitti.io). In the latter case, you use their domain, but your own node.