Tando may have hacked the matrix!
The challenge with bitcoin circular economies is the same challenge with two-sided marketplaces: Who goes first?
Uber drivers with no riders? π
Uber riders with no drivers? π
Q: So how do you jumpstart the flywheel?
A: You lop off one side of the equation to eliminate the friction.
This merchant in Kibera, Kenya no longer fears bitcoin, because she's no longer stuck holding the bag and having to figure out how to spend the bitcoin she receives. With Tando the flywheel of spending doesn't get stuck because we removed all the friction points. Smooth!
S/o to nostr:nprofile1qqsxetyf346j86t4st0vrp9ekq8vwzxc4u7hepnpn3zuafr83wctctqpzamhxue69uhk66tnwd4k27fww3skketgdyh8gmcpzemhxue69uhkvun9deejumn0wd68yvfwvdhk6qgkwaehxw309aex2mrp0yh8qunfd4skctnwv46q9ueaf3 for hosting us and showing all the proof of work that's going into educating these ladies & gentlemen about permissionless money. And nostr:nprofile1qqsytmm5p3lstvmd7n695qjd8w7vp04ja659kejq9lw6jer9vcshmhgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgjwaehxw309ac82unsd3jhqct89ejhxqgdwaehxw309ahx7uewd3hkczhk0tv for providing the lessons in Swahili! Nobody gets left behind.
https://video.nostr.build/75a8b91450c86936b06f32935674fa4dbe3d302750fda0af661748c291b92e19.mp4
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Replies (9)
I understand small vendors not wanting to hold BTC and I think what Tando is doing is fantastic but still I would suggest not using phrases like 'stuck holding the bag' when talking about Bitcoin
Fair criticism. What would you suggest as a better phrase to convey the concept?
I would just talk more neutrally (you also talked about 'fearing' Bitcoin). So I would just say that a vendor using Tando doesn't have to accept or then hold BTC (if they don't want to). Even though Bitcoin & Lightning facilitates the trade from the buyer's side
But just to repeat, I really love what you're doing with Tando. It's such a fantastic project and seems to have some really great ppl involved.
Appreciate the constructive criticism! π§‘ Always looking to improve.
Providing Real Value To Real People & Making a Real Impact! I love it hereπ
nostr:nevent1qqs986nu8j8lew0rq3acxvw2mfnylk5hk5yrmaj3f5wt073k6sxxxkcpzemhxw309ucnjv3wxymrst338qhrww3hxumnwmmkk22
New whip, who dis?
nostr:nevent1qqs986nu8j8lew0rq3acxvw2mfnylk5hk5yrmaj3f5wt073k6sxxxkcppemhxue69uhkummn9ekx7mp0qgs97ekh6cxykm34l0m5ddrlymhj9rxrys3jemtf90psy3nysum0lkcrqsqqqqqpp8f0v7
nostr:nevent1qqs986nu8j8lew0rq3acxvw2mfnylk5hk5yrmaj3f5wt073k6sxxxkcppemhxue69uhkummn9ekx7mp0qgs97ekh6cxykm34l0m5ddrlymhj9rxrys3jemtf90psy3nysum0lkcrqsqqqqqpp8f0v7π
"Volatility, what's that got to do with me? Let the bears and bulls fight" π
Bitcoin is priceless. Only the fiat-minded, who are retarded, measure Bitcoin's value in fiat. Bitcoin''s value is measured in its ability to enhance freedom and sovereignty.