.

Crypto y otras yerbas.

[Arsen Ostrovsky @Ostrov_A]

Hi @LewisHamilton, perhaps next time go little further to southern Israel, to see the carnage Hamas wrought on Oct 7th, or ask your Egyptian hosts why their border closed to Gazans. The Middle East isn’t a Grand Prix. A brief pit stop doesn’t make you an expert.

[. @popurrienx]

@juanif17 Como que necesitas 10.000 empleados para mover una línea.
Yo quiero Puente Saavedra Ezeiza

[. @popurrienx]

@Slicer_F1 @ArteagaRacing Qué bueno que lo nombres. A @ArteagaRacing Estaría bueno que lo republiques y ayudes más porque hace un laburarzo y solo tiene mis likes

[. @popurrienx]

@KalinaAnnGG Y a grabois poseído no le prestaron atención ?

[. @popurrienx]

@Juanito77ok Pasa a 2

[. @popurrienx]

@ANPeix Como que no? Largada parada y Franco se come a dos fácil.

[. @popurrienx]

@AlpineArg_ Donde lo ves ?

[. @popurrienx]

@usludurkizim 72

[. @popurrienx]

@ismael_suffi @Juanito77ok Ah bueno. No tenés idea. Sabe de física lo que saben pocas personas en el mundo.

[Ari Eiberman 🇦🇷 @AriEiberman]

I bought a ticket for @labitconf using BTC, I tought it would be easy, but well, the story to be told is way more painful that we would like to admit.
Let me summarize the +40min spent steps trying to do this payment.

I had BTC.b in avalanche that wasn't earning enough for its underlying risk so I wanted to use it.

I chose @lava_xyz app to be able to pay with card, not sell my BTC position and get rewards in Sats.

Does Lava accept BTC.b from Avalanche?

No, so I had to explore alternatives to move out that into Bitcoin native without having to sell to USDC and move it. (spoiler alert, not possible)

So I checked out @layerswap, but it didn't find a route from Avalanche to Bitcoin
So I checked out @coreapp bridge, and it quoted me a $8.11 loss
So I checked out @squidrouter bridge, and it quoted me a $2.4 loss

I also checked CEX like Bybit (withdrawal fee ~$4.7) and OKX (withdrawal fee ~$2, but didnt accept BTC.b from Avalanche)

I chose to continue with Squid because I've used their Gold @minipay app before, I had confidence and its UX was by far the best.

You won't believe what Squid does. It surprised me to see that the flow would be 5 steps of swaps and bridges:
Start > BTC.b (Avalanche) >
> USDC (Avalanche) >
> axlUSDC (Avalanche) >
> axlUSDC (Arbitrum) >
> USDC (Arbitrum) >
> Bitcoin (via @Chainflip) > End.

It was about 6 min out of 7 min estimated when I got Lava's notification for an incoming pending BTC. There was a 5 min delay until the funds where in the lava app available.

But I couldn't directly spend with the card, first Lava asked me to borrow dollars. A few clicks later and I have enough dollars.

In all this shenanigans in the end I lost $5.5 in the squid routing, the BTC price slightly decreased so I needed to add extra dollars to be able to cover for the lower borrowing amount.

My hard conclusion, until we can reduce this +40min evaluation + money flows to under 2min, because the difference of fees and times are negligible we will continue to be a fringe solution, with a low adoption curve.

Things I still don't understand:
- Why a bitcoin conference doesn't accept BTC to pay (not entirely true, it accepts it but adds a $20 processing fee by its third party) and doesn't accept LN rails.
- Lava communicates the borrow rate was 6.5%, but when I inserted the amount it was actually 8.5%
(I could have read it was down to that rate, maybe, my impression was when I compared with other rates I had the impression it was 6.5%)
- why Lava doesnt let me enable auto-borrow when I use the card if I already have available collateral in BTC.

Things I like about this flow:
- How Squid abstracts the hoops of the tokens
- How reassuring it felt to receive Lava's notification message
- Not needing to sell (most) of the Bitcoin to go to a Bitcoin Conference.
- Lava's aggresive 5% cashback in Sats. (still pending BTW)

Will you be at the conference in two weeks? let's catch up.

[. @popurrienx]

@spaF1data Max argento se la pasa tirando baits y poniendo pelotudeces. Contenido de mierda

[. @popurrienx]

@TinoCLeclerc Qué bueno era un boludo.

[. @popurrienx]

@Juanito77ok Soy yo o la gráfica mostró que colapinto terminó noveno ?

[. @popurrienx]

@AriEiberman @BNBCHAIN @BNBChainLatAm @s_cintioli_ Uauuuuu

[. @popurrienx]

@Ma_DelZotto @Juanito77ok Te avise. Con una estrategia de mierda quedo 13

[. @popurrienx]

@AlpineArg_ No se secó. Porque al ser abrasiva. Tanto como es. El agua queda entre lo abrasivo.

[. @popurrienx]

@ANPeix Qué justicia? Cómo vas a salir con slicks cuando las chances de un safety son gigantes.

[. @popurrienx]

@ANPeix Carrera de mierda.

[. @popurrienx]

@Ma_DelZotto @Juanito77ok 🤭

[. @popurrienx]

@AlpineArg_ Todavía está de moda hacerse mierda ?