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Stop shorting Bitcoin with Alby Hub + nostr:npub1wvspcey72fkea672jymfa28qzlqmlhafv0uzu3zppmtx7mwy5lkscv33pu⚡️ Most bitcoiners still (unknowingly) short BTC by holding fiat. Here’s how wavecard + Alby Hub let you actually live on bitcoin paying bills, rent, and everyday expenses. 👇 image
2025-11-18 16:17:08 from 1 relay(s) 5 replies ↓
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How does this differ from direct deposit paycheck to Strike, hold bitcoin on Strike and pay bills from there when bills come due? nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpp4mhxue69uhkummn9ekx7mqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5tm8sjr ?
2025-11-18 16:28:30 from 1 relay(s) ↑ Parent Reply
image >Connect your card to your own Lightning wallet, and spend Bitcoin globally across 150M+ merchants THIS IS A FUCKING LIE! You are not spending sats, you are spending fiat! Those cards are nothing else than another fiat scam. If you go to a merchant with a VISA cars, that merchant will NEVER adopt Bitcoin because it will continue to accept VISA cards. Guys, please stop this madness !
2025-11-18 16:32:28 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
We’re not competing with native Bitcoin payments. Wherever Bitcoin is accepted directly, you should always pay with no intermediaries. And all Bitcoiners still have the duty of persistently orange-pilling merchants, regardless of the payment method used today. You should always ask for paying with Bitcoin. The argument that “if you go to merchant with a VISA card, that merchant will never adopt Bitcoin” is not accurate, because they already get 99% of all payments in fiat. This is a catch-22 situation for Bitcoin acceptance, whereas fiat has the network effect of being accepted 10/10 times. Our assumption is that we can only really compete in a timely manner with the fiat system by piggybacking on its existing rails, and at least creating more reasons for people to own ALL of their capital in Bitcoin TODAY, where 99%+ of merchants still do not accept Bitcoin. There’s a huge gap between early Bitcoin adopters and the rest of the humanity who still sees it as an investment. Most people are scared of Bitcoin, don’t know what can they even do with it beyond allocating a percentage of their “investment portfolio”. The early majority, who are not tinkerers and early adopters like yourself, are looking at this more pragmatically, and will only switch their capital to real money, including even disposable income, if they are confident that they can fund their lifestyle today. These are not the people who will shape their lifestyle on gift cards, cash and 2 random shops that are accepting BTC directly. Meanwhile, the time is ticking, and Bitcoin is being gobbled up by existing centralised power players. Most people are still gonna ignore it until the government endorses it or enforces it. We want more people to hold zero fiat today. If that means that you sell BTC at the last possible second, because your big name grocery shop only takes fiat, that is a fair deal, imo. nostr:nprofile1qqs0nt9skq6vfsgh06v979rrnuchau87mmnk2lqxpv2xaeusqfp30mqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcppemhxue69uhkummn9ekx7mp04cg9zp we respect your educational material on Bitcoin since ages, and your non-compromising stance on Bitcoin ethics and principles is exemplary, but we’re not the enemy, even though you seem to think so. I can’t see why we can’t: 1. Always educate and ask merchants to accept Bitcoin 2. Pay in Bitcoin if they accept it 3. If they don’t accept it, use wavecard, which at least can tap into your self-custodial BTC, and you don’t need to have fiat laying around.
2025-11-19 00:42:10 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
I understand your intentions but people are stupid. If you give them a VISA card will use that instead of paying with BTC. 1. Do not lie people. What you put on the website is a lie. You are not spending Bitcoin but fiat. 2. By making people to sell their BTC for fiat, you are literally giving these sats to Saylors and banksters. 3. People are doing all kind of mental gymnastics to remove any KYC trace of their sats and yet you push them back into KYC, because let's be clear, those VISA cards are TOTALLY KYC and traced, every fucking spend is traced. Why would I give my info to data brokers? 4. We all need to make sacrifices and not going back to fiat. Fiat is the root of all evil and must be eliminated not encourage to be used. Instead of building those so called "rails" into fiat, better focus on building more solutions for merchants to accept BTC. You are wasting energy for fiat. THESE CARDS ARE A MISTAKE!
2025-11-19 08:19:43 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
1. From user’s perspective, he is spending BTC from his self-custodial Lightning node connected to wavecard via Nostr Wallet Connect. Yes, Bitcoin is sold to fund the purchase, but ONLY because the receiver is not taking Bitcoin. It’s basically selling Bitcoin on behalf of the merchant. If 99%+ of society takes fiat today, how are you supposed to pay for groceries, pay rent, buy tickets? 2. Our users sell Bitcoin not because they want to, but because they don’t have anything else. If you have cash around, you’re essentially shorting Bitcoin. But if you’re all-in BTC, then you have to sell it to live. It doesn’t matter if you sell it to non-KYC gift cards, or you automate it via wavecard, you’re still selling. We’re not trying to deplete people’s stacks. Actually, they stack even their disposable fiat income into BTC, because they are confident that they can spend BTC instantly, and not worry about not being able to pay one way or another. 3. Let’s be realistic here. Our product is not for those Bitcoiners that already went underground. This won’t make them KYC, like it won’t make you KYC. We’re not competing with whatever setup you have to pay for your life. We’re competing with other debit cards that are all KYC’ed regardless, like Revolut. Except, at least we can offer a Bitcoin-only debit card that spends from self-custody and doesn’t require you to hold shitcoins (fiat included). If you’re using debit cards, ours is the best option today. 4. There are already plenty of very smart builders working on the solutions for the inevitable endgame of native Bitcoin payments. We don’t need to exclusively stack all the manpower on this now. The real question is when is this endgame gonna arrive? I think we simply have different assumptions of the fastest path to reach it. It’s not enough to just build native stuff and expect the humanity to choose a dramatically smaller payment network. There’s a huge chasm between the early adopters of Bitcoin and the rest of the humanity. You’re expecting the “stupid” people, as you call it, to suddenly do a 180 on their habits, go fully non-KYC, drop their usual payment methods and live your way. It hasn’t happened and it’s naive to expect that people will choose sacrifice over convenience. This disconnect is actually holding us back. Your way is to be very strict, demanding and educational. Being one person, you have converted tons of people, relatively, but these are early adopters on the long-tail of the distribution. Instead, we come to the majority’s KYC’ed yard, and try to offer the first stepping stone. Something that would at least tick some good boxes: being able to own only good money, put it in self-custody, without changing their habits. That will create a lot more zero-fiat Bitcoiners who will still demand merchants to allow them to pay in Bitcoin directly. Then, we will have a real chance to flip the fiat tables sooner. And lastly, our roadmap does eventually include a native non-KYC Bitcoin payment wallet, so all those debit card users will be able to easily graduate into native payments when there are merchants that take Bitcoin. You’ve been criticizing us since inception on Stacker News, and we do read your stuff. I tried my best to explain our case. Although I won’t change your opinion, I just hope that you can see where we’re coming from and the intentions we have.
2025-11-19 23:24:02 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
You realize that every time you offer to somebody fiat through your card you are literally creating more fiat ? And is written very clearly on the ECB website image You do not have physically that amount of cash. You have just a bunch of numbers in a bank account. Every fucking time somebody is demanding more fiat, is literally creating more fiat with their own signature. You are perpetuating the existence of fiat... instead of destroy itt. image
2025-11-20 08:41:10 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
You do realize that there's literally no situation where bitcoin is not exchanged back to fiat, right? – Not one. Single. Exchange. 1. Buy gift cards --> They instantly get exchanged to stablecoins & fiat. 2. Pay 10€ (~13000 sats) at a conference peer-to-peer for some bitcoin merch --> That guy is going to pay their print provider in Fiat. 3. Pay 10000 sats for some hand-drawn pencil art --> That guy is going to go back home that evening, sell bitcoin, to buy himself dinner in Fiat. Next time you take a bite out of your sandwich, think about how you're keeping the fiat system alive by having sold purchasing power into fiat to survive.
2025-11-20 09:53:04 from 1 relay(s) ↑ Parent Reply