“Bitcoin is as easy as taking a credit card but without the 3% fee” is the orange pill in gummy form
mrclownworld
mrclownworld@nostrplebs.com
npub1xsf5...lu9v
Filmmaker. Conspiracy empiricist. Father. #truthstr
LARPing as a salty no-coiner for the rest of this cycle
Notes (11)
When you try to have a square vendor enable bitcoin payments, it probably helps to have a hot chick do the talking
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Wasn’t there a map of square terminals at some point? Would love to prioritize them
If they don’t hodl you at your dumpiest they don’t deserve you at your pumpiest
From a technical perspective, can you picture anyone in the economy integrating stablecoin support but not Bitcoin as well?
Who in their right minds wouldn’t accept Bitcoin if a customer is willing to give it to them? And how many issuers and chains are you going to support? You’re going to support dozens of implementations? But not the one simple, clearest, stablest, most secure implementation of digital cash?
I just don’t see any but the most ideologically driven institutions adopting stablecoins but not Bitcoin.
To me that’s the real Trojan horse. You install stablecoin support thinking that’s what the customer will show up with, and you add Bitcoin support as well because it’s trivial, so why not, and then to your surprise after a couple years you realize Bitcoin is the money your customers actually prefer (Thier’s law + Metcalfe’s law). And since the rails being adopted would only move Bitcoin, not paper Bitcoin, you can’t succeed with fractional reserve (Gresham’s law).
Personally, I think stablecoins are just the final shitcoin boss. They are the gateway drug to hyperbitcoinization. They are the Trojan horse that quietly wires up the new system.
Thoughts?
Best lines I’ve ever seen drawn
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Sorry for the dip, I had to sell some sats for a babymoon to Europe
I miss this account
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Normie friend just told me he’s ready to buy big at $95k
$150k by EOY still in play
After 8 years in Bitcoin, I have to say this might be the single most succinct articulation of the value proposition of this magic internet money I’ve ever read
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“All decent people want our world to move in the exact opposite direction he spent his entire blood-spattered career working to steer us toward. All decent people want to undo everything that Dick Cheney was.”
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