• Market Cap: $3,625,637,875,274.85
  • 24h Vol: $205,200,789,425.00
  • BTC Dominance: 60.72%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping

Jon Hartney by Jon Hartney
July 19, 2022
in Bitcoin, Blockchain, Business, Market
0
Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way.

The Canadian band The Carbons got a little more than just a tip during a live performance in Kelowna, British Columbia. When passerby Ben from BTCSessions, a Youtuber and Bitcoin (BTC) educator, saw that the band accepted Bitcoin, he had to send some magic internet money their way.

The Carbons’ guitar case. Source: Tomy, the frontman

Tomy (frontman for The Carbons) had been into crypto since 2017, but like many people new to crypto, he thought he’d “missed the boat.” The price per BTC was around $2500. He told Cointelegraph that he began research in earnest when he:

Related articles

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

May 22, 2025
Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

May 22, 2025

“Realized that it was basically an insurance policy for the current monetary system. At that point, it was around $8000. It’s been a wild ride since then, but I am playing the long game :)”

Fast forward to his live performance in Kelowna this weekend, and Tomy advertised he accepted crypto as payment. Unfortunately, his phone was out of juice at the time that Ben walked by, so the pair linked up on Instagram later on. As per the screenshots of the Instagram conversation, Tomy shared an Ethereum (ETH) address to receive a donation and become The Carbon’s first crypto donor.

Short story: saw a dude in Kelowna playing guitar with a sign asking for Bitcoin tips. His phone was dead but we linked up later online so I could tip. He offered an ETH address because he still thought bitcoin was slow/expensive.

Here's our convo.
1/2 pic.twitter.com/Fx2Hu1mCyx

— BTC Sessions (@BTCsessions) July 18, 2022

However, as Ben is a Bitcoin maximalist, he said he’d be happy to send some Bitcoin–not Ethereum–his way. Ben told Cointelegraph that, among other things, it’s “The foundational rules that govern the network, and the ease (or lack thereof) with which they can be changed,” that guide his Bitcoin conviction.

Ben pointed Tomy towards downloading a Bitcoin Lightning wallet, and moments later, they were sending each other Bitcoin instantly over the Lightning Network (LN). Transaction costs are near free on the LN, and microtransactions are easy, which prompted Tomy’s response, “that’s fucking awesome.” By comparison, sending money over Ethereum–even at its lowest levels in two years–costs well over $1.

Tomy busking at sunset with the crypto sign in view. Source: Tomy

Tomy told Cointelegraph that it was his first experience using the LN, and it took “an hour of research on YouTube to decide on a wallet and then another few minutes to figure out how to use it.”

“I hadn’t heard about the Lightning Network until last week! It makes me want to trade all my Litecoin and ETH for Bitcoin!”

The Carbons have since received three BTC donations, adding that “all the tips help,” but it probably hasn’t moved the needle on their Spotify revenues just yet. Bitcoin expert Ben told Cointelegraph that he’s been using the Lightning Network since 2018, back when it was “clunky and difficult, but it worked.” LN has since become a part of his daily routine:

Undoubtedly, LN is well-known to the Bitcoin community and has spread roots across the globe. From settling up lunch in the United Kingdom to sorting out sim cards in Mozambique to paying for parties in Portland, United States, it’s gained traction.

Related: The UK ‘Bitcoin Adventure’ shows BTC is a family affair

However, awareness of the LN is weak among the crypto and broader community. Ben explains why this might be the case:

“There will be SOME who are incentivized to remain unaware because they are deeply invested into coins whose value is contingent on Bitcoin not being able to scale. However, most people likely just haven’t tried it!”

Ben encourages users to try out the LN, which he compares to “magic.” During the IG conversation with Tomy, he recommends using the Muun Wallet, a free self-custodial wallet for Android and iOS:

Just a little throwback here. I continue to really love @MuunWallet and its seamless singular balance, enabling to you send to on-chain and lightning without any additional hassles. Kudos.

MUUN BITCOIN WALLET – On Chain and Lightning Combined! https://t.co/jUSLhuj6IB

— BTC Sessions (@BTCsessions) February 18, 2022

As for Tomy, he told Cointelegraph he is now seriously considering selling all of his altcoins for Bitcoin. He then joked on Twitter that he might change the band’s name to “The Bitcoin Buskers.”

On a heartfelt note, and in light of the disastrous impact that the Covid-19 Pandemic has had on performing arts, Tomy told Cointelegraph, “It’s been a tough couple years for musicians,” adding that the support and community are greatly appreciated.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

by Jon Hartney
May 22, 2025
0

Following its launch by the Shiba Inu team back in August 2023, the Shibarium network has been subject to the...

Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

by Jon Hartney
May 22, 2025
0

Trump adviser David Sacks says the GENIUS Act will pass the Senate with

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

by Jon Hartney
May 22, 2025
0

UAE lawyer Irina Heaver told Cointelegraph that the new rules allow issuing

Bitcoin 'looks exhausted' as next bear market yields $69K target

Bitcoin 'looks exhausted' as next bear market yields $69K target

by Jon Hartney
May 22, 2025
0

Bitcoin bulls should not get too euphoric despite price discovery just

5 red flags you’re being shilled: Don’t buy the hype

5 red flags you’re being shilled: Don’t buy the hype

by Jon Hartney
May 22, 2025
0

If something feels too good to be true, it probably is Watch out for these

Load More
  • Trending
  • Comments
  • Latest
Simple Table of Contents Demo Article

Simple Table of Contents Demo Article

December 31, 2023
8 Best Cheap Crypto to Buy Now Under 1 Dollar December 31

8 Best Cheap Crypto to Buy Now Under 1 Dollar December 31

December 31, 2023
Top Crypto Gainers Today Dec 31 – Quant, Filecoin, Arbitrum, Helium

Top Crypto Gainers Today Dec 31 – Quant, Filecoin, Arbitrum, Helium

December 31, 2023
Crypto Capital Rotation: A How To Guide On Riding The Wave Of Inflows

Crypto Capital Rotation: A How To Guide On Riding The Wave Of Inflows

December 31, 2023
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

May 22, 2025
Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’

May 22, 2025
Dubai regulator clarifies real-world asset tokenization rules: Lawyer

Dubai regulator clarifies real-world asset tokenization rules: Lawyer

May 22, 2025
Bitcoin 'looks exhausted' as next bear market yields $69K target

Bitcoin 'looks exhausted' as next bear market yields $69K target

May 22, 2025

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows May 22, 2025
  • Trump’s crypto czar David Sacks says stablecoin bill is ‘going to pass’ May 22, 2025
  • Dubai regulator clarifies real-world asset tokenization rules: Lawyer May 22, 2025
  • Bitcoin 'looks exhausted' as next bear market yields $69K target May 22, 2025
  • 5 red flags you’re being shilled: Don’t buy the hype May 22, 2025

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%