Replies (59)
'Hodl' culture's got a lot to answer for
Yeah. Degenerate Fiat on steroid spenders not understanding savings
That fits.
Interesting. I assume most people would rather save than spend #bitcoin right now. Go to show how narratives might be shaping behavior.
We Bitcoiners are not doing things right.
Might as well add xmr payments now and see how little other payments get used…
Yeah the majority of em are stuck on ngu maximalism and not as btc is money lol
it's on my list of things to try
AI video generation
Wait you mean that fiat didn't print a bunch of money to make our decentralized UX sexy? 🤔
"Bet! What else you got on that list? 🤔🔥 #Curious"
apparently tether on tron and polygon has some volume too
shitcoins on a proof of stake network have dozens of servers with near instant settlement. it’s visa 2.0.
that’s a lot different that a globally decentralized permission-less network with tens of thousands of nodes coordinating with zero trust.
Reality is harsh.
We need to do better.
And generally businesses like stripe need to stop using on-chain Bitcoin for payment rails.
apparently there are about 1000 solana validators and over 13k eth validators?
that’s more than id have guessed!
would also add that while we have good decentralized nodes, we are super centralized with mining, nearly 50%+ captured by regulated, public entities, so not all sunshine and rainbows over here either
agreed. i guess my point is im not surprised to hear shitcoins can do fast and consistent payments. visa does too. i think the hard part is specifically pow/trustless/permissionless.
but i’m just a guy drinking coffee in an armchair. i dont really know shit about fuck 🙃
What about Monero?
utxo the webmaster 🧑💻
trigger warning: shitcoins winning in payments
one of my sites recently got banned by stripe (classic). Was able to get a new processor going quickly though.
I've always had bitcoin/lightning payments, but only 1-2% of sales went through it.
So as an experiment, I added ETH, SOL and fiatcoins.
Crypto sales went up about 400% and now account for about 10% of my total sales
additionally, only bitcoin users are sending in complaints to my support desk asking "why is my payment not going through?" (because it's still stuck in mempool but they don't understand that when they pay from coinbase/binance)
Make of this as you will.
Why adding literal shitcoins, but no Monero?
This 👆
Parabéns pela estatística.
está dentro do que acredito ser verdadeiro.
Hoje no mundo, apenas cerca de 10% da população utiliza criptomoedas..... o que explica o por que apenas 10% pagam com criptomoedas.
Quanto a forma de pagamento, se adicionar MONERO, provavelmente aumentará suas vendas, pois muitas pessoas gostam de pagar com MONERO, por questões de privacidade.
Agora, com relação à stable coins, muitos ainda preferem pela falsa sensação de estabilidade. No meu entender, melhor receber em stable coin do que em fiat e muitos comércios aceitam stable coin como se fosse fiat.
Coinbase 🤮🤮🤮🤮🤮
Money laundering innit
Don't need to calculate capital gains on Tether #thereisolvedit
No shame in accepting any form of money people want to pay, even if their money is a joke.
💯
Expect to see a massive surge in fiatcoin usage in the coming months / years.
Those that value sovereignty will use Bitcoin.
I'd be curious if this correlates with overall discretionary spending by those groups.
It's hard to imagine gambling crypto degens spending less than long term bitcoin savers.
The ultimate NGU attack on the shitcoins would be to accept all of them, and instantly trade into btc
same thing fiat guys say about us
this is what i do
i'd take it over credit cards and chargebacks and swipe fees any day of the week
We are not winning yet 😢
Nobody wants to pay with btc when they only see it as a ngu to get more fiat
Bitcoin is the fucking money though.
now add Monero...
only accept lightning.
BTC got screwed up to be great for payments directly by some decisions made along the way. And the ones that are better at it are not "shit coins".
Better UX wins. End of story.
Let's win.
View quoted note →Smart guy
👀
well they are if they're centralized
Hard to win payments with 7 tps unfortunately
Lightning is the worst!
And, it is the inflationary layer 2.
What does your business use for a POS?
Pro tip: add Monero
That's very interesting. What type of business is it? Do you accept other crypto via Square or if not how do you do it?
great way to drop my income by 95%!
i just coded them up into my custom payment processor. can't automate because it doesn't hook into any exchanges, but i dump all the shitcoins for btc
translation: no shame in taking their joke money seriously.
good
If you exchange it for sats, you’re winning.
just depends when. if you'd exchanged all your sats 10 years ago for ETH, as of today you'd have 15x more money than if you didn't do that. so you'd have won.
You just never know. I wouldn’t give anyone advice on that.
Everyone wants easy fast cheap payments without security concerns or responsibilities. Bitcoin can never do this on its own. The closest is third party lightning setups without liquidity problems.
