It shows your on-chain balance. I think it could be interesting for charity. I like the idea of on chain zaps for @OpenSats since its a charity, but there are still privacy issues with this implementation.
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Bill Gates-funded NGOs will love this transparent charity nonsense, furthering their surveillance state agenda.
I'd heard Taproot was bad, but does it show your on-chain balance of every address in every wallet you have, or just of a single address derived from your nsec? 🤣