I am new to BTC but am trying to learn as much as possible as quickly as possible. At first I was simply buying BTC on an exchange and then transferring it to cold storage.
But Jeff Booth (npub1s05…eyhe) inspired me to try and start spending and replacing it.
Well today I had my first merchant transaction. I ordered food from a place I had no idea accepted BTC!
The process was a little scary at first. There was a 5 second pause btw clicking "pay" and the lightning payment going through, but it went through and a few min later I had my food!
Just incredible. Still need more development on the lightning payments side in terms of user interfaces. Just my 2 cents.
Also, curious what everyone's thoughts are on cold storage. Not sure which device is safest. Then someone told me not to use a device at all and put seed phrases on steel plates?!?!? Or to do a multisig?!?!?
What's everyone's thoughts? I want to spend now, but I also want the absolute most secure way to hodl and save for the long term.