Am I only one who sees that Bitcoin adoption seems slowing? 2-3 years ago every week new shops/vendors accepted Bitcoin. Now I don't see almost any new vendors.
What do we need to do to change that?
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Replies (7)
NGU
It’s like watching a swimming pool fill. Once it’s halfway a hundred gallons can go in every second and it only raises an inch.
Definitely not what I'm seeing. I used to have no real life friends that had stacks. Now I would say a third of my friends, despite their level of conviction are stacking.
Isn't NGU an effect not a cause?
Yes, that's possible. In the beginning it was visible. I just can't pay Bitcoin in 99% of places and am worried everybody normalizes paying Bitcoin while using third party(like visa card)
Yes maybe, I mean there aren't many vendirs that accept it via on - chain or LN
When it comes to merchant adoption (means of exchange) I think it will be the driver.
Different people have different perspectives, but I think store of value needs to be more established first.