I’m slowly starting to meet bitcoiners in the flesh in America. They don’t like to use it as money. One of them told me that I have to calculate my cost basis before I spend it. I’m not doing that.
We’re in the major city and there are only two places I can get a meal/coffee with it. And while it enjoy the food, they’re both serving unhealthy/greasy fare, so it can’t be a regular thing for me.
There are couple services that do home repair/service that take it - they have a sticker on their service trucks - but I rent so I won’t be supporting them.
The flip side is I that it’s so rewarding to provide value in the world, get paid in fait, convert to bitcoin, and buy beef, coffee from @Satoshi Coffee Co., or a @Start9 or a @Maple AI subscription. As a small business owner I’m still blown away at the savings for them since they’re not paying 3% to the credit card company. A few weeks ago I calculated what I absorbed in cc fees in a year and it’s a meaningful amounts of money.
My limited understanding is the bitcoins adoption will move as…
Sore of Value -> Medium of Exchange -> Unit of Account
I think more Americans need to move into the second phase, but I’m relatively new so maybe I’m wrong.
Tonight I’ll enjoy a somewhat overpriced steak I bought with sats. I bet it’s going to taste really good 😀
Thank you @Tony | thebitcoinway.com ⚡️ and @npub1lrj3...mzx2 for all the help getting me on this path. 🙏🏻
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This. Is. The. Way.
Where did you buy the steak?