Thread - Nostr Hypermedia

I think regular credit or debit card payments for services would help reach, as would a nip that allows users to specify what crypto they will accept. Let the free market decide what's better. The decision to be Bitcoin only is a principled decision, but like overlapping venn diagrams it selects for a smaller subset of users. Some of the big apps require kyc to use zaps, so defeat the point of permissionless money. They could be good fiat to Bitcoin onramps. We set up to be Bitcoin only, but all the people we reached out to IRL ignored that and payed cash or didn't come back.

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Replies (2)

The Daniel 🖖 daniel@satsfactory.com 5 months ago

Lately, I’ve been warming up to the idea of stablecoins, mainly USDT implemented over Lightning. I know this can be a fairly controversial topic, but it doesn’t have to be. Bitcoin is a monetary network, but in order for it to reach the most people possible, it has to serve them where they are right now, not where we want them to be in a future world where everything is priced in magic internet money. It’s simply too many leaps to ask them to take all at once.

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Mutiny Brewing 5 months ago

USDT would be the lowest priority in my opinion. It has all the drawbacks of crypto without the benefits of sovereignty or scarcity. I'd sooner incorporate Bitcoin Cash.

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