What’s stopping your business from being this bullish?
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Replies (63)
@Nice and Kind Vic I knew they were special!!
When I said I mind my own business, I didn't imply that I own a business. That's why I use 🍻 instead of 🥂.
They themselves aren't really accepting bitcoin. It's a third party in between and they won't end up holding bitcoin. And with a need to use specific wallet, it's more annoying than just buying gift cards from places like bitrefill
I like when they do all gas prices $1.776 a gallon on July 4th
You mean not bullish at all? They are accepting fiat via a Bitcoin and shitcoins liquidation service.
How fucking retarded are you for not celebrating stuff like this as a win? Not maxi enough for you? Not pure enough for you? Get over yourself
Coin Edition
Popular U.S. Convenience Chain Sheetz Gets You 50% Off When You Pay Crypto
Convenience store chain Sheetz is offering a 50% discount on all purchases made with crypto via the Flexa network every day from 3-7 PM.
Would be. Maybe they will some day and maybe they won’t. Still it’s a win. People should be celebrating stuff like this.
I agree. It’s getting the name Bitcoin out there which many people in the US have never heard of before.
🎯 It normalizes it.
Aside from them not HODL’ing it, is it just a case of hype behind bitcoin, or is it a real-world use case that shows the argument that bitcoin has the lowest transaction fees of any monetary network out there?
Or maybe it's more like supporting business that take crypto, but only accept bitpay or coinbase wallet transactions through that respective partner.
Stuff like this normalizes Bitcoin publicly, which is hugely beneficial for adoption. Get over yourselves worrying that it’s not pure enough by your standards. See the win and carry on.
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Because I don't see it as a win. It's essentially 
the same custodial and KYC Bitcoin liquidation service that PayPal just announced. Sheetz has been using this for years and it's not new.
the same custodial and KYC Bitcoin liquidation service that PayPal just announced. Sheetz has been using this for years and it's not new.
I'm sure it is cheap on processing fees for Sheetz because Flexa is already holding the customer's Bitcoin. They liquidate it and send Sheetz fiat.
The only transaction fees for customers appear to be moving their Bitcoin onto Flexa.
seems like a data harvesting method
No. It just seems like a company trying to make money. 😂
Well then you’re a fucking fool. Get over yourself. Adoption won’t look like any of us envision. This is part of the process.
I expected better than name calling from you.
I don’t care what you expect from me you Midwit retarded motherfucker. Fuck off.
in order to be a successful influencer you must be an asshole
🤣
Not sure of the economic term but in the case of this it doesn’t seem like a move on Sheetz part to acquire bitcoin but as more of a marketing tactic to get more influx of “crypto” users to use their crypto, for which their motive is unclear to me. Assuming they want a profit from it are they receiving some kickback from Flexa, or is it to save them transaction fees? Either way it’s a move towards using it more as a means of transaction which is still exciting
But not Bitcoin type money
Sheetz for sure saves on transaction fees. Flexa charges 1% fees when converting customer Bitcoin to fiat for Sheetz. Don't know if there is a spread on the conversion, but that hits the customer not the merchant. Sheetz is not receiving or holding any Bitcoin AFAIK.
I'm sure Flexa is covering some of the discount here since they have to now compete with Paypal's newly-announced similar merchant product. And this will get them some new customers.
S
"and crypto" lol
Missing the forest for the trees.
This is the type of Bitcoin adoption that I don't cheer on until it sticks around for more than a day.
People get hyped and then let down by shit like this
Hope it proves me wrong
It normalizes Bitcoin as payments that much more. It doesn’t matter if each specific instance of bitcoin acceptance is up to some fake maxi standard. Retarded to not be able to see the win here.
I'm not arguing against that and thank you for recognizing my retardation.
I'm skeptical of this lasting and of the ease of doing so. It sucks when people try to test out bitcoin and this is their first interaction and can put people off.
Done right, great.
Done wrong, not great.
Who cares if it “lasts”? What does that even mean? What is adoption supposed to look like, and why is your version the only correct version?
Look its all gonna happen, I'm just not gonna cheerlead about something like this until it feels real to me.
We all have that threshold and its okay that it passed yours
Shitcoin included, tho...
Thanks dad.
Everyone gotta learn the hard way 😂
if i call you son rn its just condescending and I dont think we have a major disagreement here
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... and then reply back to this comment so we can zap you.
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I'm glad you guys could make up with your penis hands.
🍆🤝
They have been excepting BTC since May 21. They probably have been using BTC as a store of value now are like ok let's get every trucker in America using BTC and pump the bag.
3pm - 7pm 50% off.
It might be enough of an incentive to get Normie's to buy some
Oh wait - I thought they actually sold sheets.
Sheets are expensive & high value (at least in my mind).
🤣🤣
I bet their convenience food gives you the sheetz 😂
I'm on day 4 of carnivore.
I know it'd give me the sheets 🤣
@npub1awyz...79n4 here’s a story for This Week In Bitcoin
🤣🤣
Are there any systems for businesses where a *single* machine can accept all forms of payment (fiat and bitcoin)?
Or do businesses still need to have a separate device got the bitcoin?
.. for 'real world' stores I mean, not online
Steak n shake does it all in one machine.
🤣
I tried to get one but it required me to log in with email and password
Yes. Here is the note about that from the FAQ on our home page:
Can I log in with my Nostr account?
We have carefully designed Rizful for maximum security. At the same time, we have found that too many Nostr users have poor security practices with their private keys. (For example, entering private keys into many websites and apps.) Since real money is involved, we don't allow users to login via Nostr, and we don't ever ask for your private Nostr key. A combination of email/password, plus optional two-factor authentication, is the battle-tested and secure way to protect your Rizful account. This also means that, if, in the future, you make a mistake with your Nostr keys, your Rizful account won't be vulnerable.
Wow. This is big.
View quoted note →
Dumb AF.
These people will literally hold the SATs, then sell it to a fund or treasury.
Then that's it done.
And what, you bought fucking groceries?
Honestly, if you do that you deserve to lose your wealth.
They're just getting the suckers
You are why bitcoin will fail.
Yes, because if some fool doesn't buy at 120k, how will my bags fly?
We have noticed that many people use custodial email in combination with a generic password
Email is far more vulnerable than a private key approach
2FA can also work with Nostr
Sure, I will agree, for technically savvy users -- developers, etc., that a private key might be a better approach.
The issue is Normies -- people who have never touched a private key, and don't really even have "a place to put it".
The issue isn't just "security" -- the real issue is "I have this account with sats somewhere and I can't remember what the website is called or how I get back to it or what my password is." This is EXTREMELY common. Everyone knows the solution to this is to search their email for the right keyword and BAM -- there is the confirmation email from the service. Then you go to the service, do a "password reset" -- and you are back in.
If the user has not enabled 2FA, then you are completely right, a user can be hacked by someone gaining control of their email.
But I submit to you that this is not the usual problem. The usual problem is "how do i get back to the website where my sats are stored, I can't even remember the name of it."
I expect that 75% of Nostr developers and Linux users will vehemently disagree with me on this issue.
The other issue is this -- I am technically savvy, and when I FIRST joined Nostr, I mistakenly set up multiple separate private keys on different apps, and got fully confused, and then had to start over again.
If I had started my journey by ALSO locking my satoshis to the first private key I ever generated... I would have been very sad.
Fair