Quote from: synthylover on Today at 04:49:04 PM

Quote from: LoyceV on Today at 04:12:17 PM

Quote from: jackg on Today at 12:52:47 AM

I'd suggest using pay to many in electrum

This is what I would use (I fixed your typo).
Simply use a spreadsheet to create a list with 200 lines like this:

Code:

bc1qwd9pg4a6yejnpaakp58vwc759kgyf5x2qunuu8,0.0001

Then copy/paste that into the "Pay to" field in Electrum.

Quote

The transaction might still be expensive though, I think that's 80000 bytes and at a high fee of 100 sat per byte it'd cost 0.08btc, at the minimum fee with a longer conf it'd cost only 0.0008 but getting a transaction of that size to confirm at low fees light be harder.

It's not that bad: slightly over 6300 bytes for 200 SegWit outputs, and there's no need to use a high fee. Just use the lowest fee possible, it'll confirm in a few days (or weeks).

Quote from: synthylover on Today at 03:32:52 PM

This whole process will be done no more than 6 times (200 sent once, and then 100 sends five more times). I'm making some physical bitcoins.

You're basically creating Bitcoin dust. Even though it doesn't take much fee to fund, spending that many small amounts costs more in fees. The 0.0001 BTC on each physical Bitcoin will be too little to use, because if someone sends it, the receiver will get an even smaller amount and they too have to pay a transaction fee to use/consolidate the funds. Unless someone is going to consolidate many of those small inputs at the same time, there's not much point in using them. I thought you should realize this before turning 0.07 BTC into dust.

Quote from: synthylover on Today at 12:30:23 AM

Is there some kind of use case for going with the LN here? If so, how would I go about it?

This would be interesting, but the only method I've seen so far is custodial. For a physical Bitcoin that's probably going to remain untouched in a long time, that's not a good solution.

You said "The 0.0001 BTC on each physical Bitcoin will be too little to use, " but does it matter what the value of that bitcoin will be in 10-20 years, or will the fee to send also increase at the same rate as the value of bitcoin? A particular amount of BTC dust will always be dust even if 1 BTC = 1 Million USD?

Can't the owner of the 10,000 Satoshi coin, send the funds to their own wallet at 1 satoshis/vbyte which should confirm in 24 hours and only cost about $.03?