Replies (78)
I’ve been trying to do this but it’s like the Clover mafia descended on Florida and now I can’t find a square-using merchant to save my life.
I have been doing this since fall. I have reservations bc when I do pay, the merchant still has no idea what they are holding. I bring a flyer with me. That helps.
I like that "the last time I was here" white lie.
Though I imagine it may backfire when you happen to realize you're actually standing in front of the business owner...
Go, attack, bitcoiners.
Turns out adoption wasn’t a protocol upgrade. It was just asking at the counter. Nice
I have started doing this as well. Many times, the employees don't even know that the terminal accepts Bitcoin. They go and ask the manager, and then agree for the payment to be made in Bitcoin.
I recently went to a Taco store and asked how many people were paying in Bitcoin. The guy said only two other people on a regular basis. The numbers seem low, but as other reports have suggested, Bitcoiners are better when it comes to customer retention.
Why not?
At every coffee shop I just showed 2 baristas, a customer in line, and the person I’m meeting that bitcoin is money and can be used to buy actually goods and services.
Brick by brick.
A fisher of men you are.
I’ve never been somewhere where another person had paid in bitcoin. Feel like the only one in my city.
🫡
Yeah that’s brutal. I’ve literally changed where I shop and try to go to square merchants whenever possible.
I like them too. Shhhhh don't tell anyone 🙄 Thanks
I do tell people that use clover that they could be getting bitcoiner business if they used square, but obviously the checkout people not only dont give a shit but dont have authority to do anything about it. They probably dont even know who their real boss is.
Is it lightning?
Check out this Orange Pilling merchants segment on Bitcoin Video Magazine, Issue #2: “Future Primitive” — which JUST DROPPED!!
We’ll have these .PDFs up either now …or 🔜
Clover accepts crypto through the Lydian app but the retailer needs to set it up.
But if I did that I couldn't sit here and tweet recycled crap everyone's heard a million times already
It is confirmed that all merchants have this “other” option now? I know there was a period where the rollout was staggered and confusing.
I’m so, I’m gonna restart my efforts at my local spots.
De Minimis or it'll never catch on.
Cashu Anon.
Bitcoiners don't actually use Bitcoin because they don't believe in p2p digital cash. They want to hodl for more fiat somewhere in the future. If you go to any Bitcoin event, they will be using fiat/credit cards/stablecoins instead of BTC.
Bitcoin maxi fags are just butt hurt that monero bros treat them like they treat normies.
Yes but they are unaware that the option even exists so you have to walk them through it
Not even the government thinks you should be reporting these lightning transactions
I confirmed it myself in that I know for a fact I’ve been to places that didn’t intentionally turn it on and asked if I could pay in bitcoin. They didn’t know anything about it and yet it worked.
This sounds awful
I am not the expert but pretty sure it’s USA only right now
Yes
Bro
How do you even know you're at a square merchant???
Dude
It’s very obvious. Look for the logo on the customer facing screen.
It’s normally coffee shops and local stores that use either Square or Clover.
Square looks like this:
That could be
Excellent. Thanks for the info.
What? Of course they do. It's like question 2 on the 1040. There's no minimum, no exemption. Cup of coffee or buy a house,. doesn't matter.
as long as they applied a particular update from a bit ago
Bitcoin marximalists are the worst thing to have happened to Bitcoin.
I did this exact thing last night. Nothing. It’s not there. I’ve done it 3 times now and can’t find the option.
Then stop complying.
Not the point. Of course it can be done anonymously. The point is it's never going to catch on until people aren't *legally required* to calculate capital gains on every cup of coffee they purchase, which is the case now.
Found the "internet tough guy" .... I mean I genuinely support that, but if the "goal" here is to advance mainstream adoption of crypto payments, that's never going to work.
Until the US is a "failed state" in the sense that it can't credibly enforce tax reporting laws anymore, 99% of people will pay for the cup of coffee with the option that *doesn't* require them to report it to the IRS.
I have never submitted a tax form in my life. The only taxes I pay to the state are the ones deducted from my wage by my employer. I have also built my own house by paying half of it in cash and as a result paid zero VAT for the labour.
Still not tax free but I’m walking the path.
I saw someone say the merchant has to have the most recent version.
I don’t know. Square has not been clear about some of this roll out.
but what if there is only like 10 people around the world that have bitcoin in their phone....
100%
You're correct, more need to be urging their merchants, and be willing to get those Sats flowing! We're doing it in the mile high city:
Mile High Bitcoin Initiative
I’m a bitcoiner. I use bitcoin. Guess you aren’t talking about me?
Don't need de minimis when spending dollars on
@strike or
@Cash App to a btc QR/address because they convert to BTC for you.
✅ No taxable event
✅spend the exchange's btc
✅don't touch your btc savings
✅Merchant receives btc (or their system auto exchanges to fiat)
It's LARPing, but it works seamlessly. Harnessing the LN rails, while getting more people to experience the superior network
if you use bitcoin regularly, no, I am not.
So I'm using Fiat, to convert to BTC, then convert back to Fiat for the merchant?
Ralph Wiggum: "I'm A Bitcoiner!"
This is one of the most popular fairy tales shitcoiner’s tell each other to comfort each other 😂😂
Try that in a small (US) town.
I think you missed the part where Cashapp keeps the spread.
If you are paying in bitcoin without at least a 5% discount over cash price you're just raping yourself.
I have been to like twenty Bitcoin events where nobody spent their Bitcoin and used fiat because they "hodl" their BTC. That's retarded. Money that nobody wants to spend is not money. Also, bitrefill, coin cards, mynymbox etc, always publish payments data and monero mogs Bitcoin everytime being the most used cryptocurrency everytime.
It never made sense to me when Bitcoiners won’t spend their bitcoin because they are hodling.
Every dollar spent was a dollar you didn’t buy bitcoin with.
Bitcoin is money. It of course initially has been used primarily as SOV (which made sense) and now is becoming (and needs to become) more of a MOE.
I’ve been able to decrease my % of dollars held as I’ve been able to actually spend Bitcoin for products and services.
Spending Bitcoin makes you MORE of a hodler not less (because you can hold fewer dollars) and helps promote Bitcoin as money, not just an investment.
This is incorrect. Where is the spread when I pay via lightning on square?
According to the internet Bitrefill doesn’t even accept monero lmao
Here is the actual data since you’re an untrustworthy clown making stuff up.
Lightning is also 2% of total Bitrefill sales volume not included in onchain data, triple from last year.
Another factor is
@The Bitcoin Company is a Bitcoin only gift card business that is better than bitrefill in every way and Bitcoin only. Takes substantial volume away from bitrefill.
Keep telling the fairy tales that help you cope.
LN is the payment infrastructure; the mediator between off/onramps to fiat.
Some merchants keep it as btc, and some don't. That's their choice.
Forcing btc maxi ideologies onto merchants will get nowhere and slow adoption.
I know that I don't want to deal with Cost Basis tracking, and I want to burn my fiat, so I'm fine with the tradeoff. Call me cucked, but transacting with btc in the US is a mess—if you choose to abide by tax laws—so the option I proposed is the best middle ground I've come across so far.
I'm not waiting for US tax law (or chasing the de minimis 'steak waving in my face') to catch up to the fact that btc is money. This method gets merchants interested, and some holding btc now, and that alone is worth it
It depends on the merchant's choice upon Square POS btc activation/setup:
-if the merchant chose to auto-convert BTC ->USD upon receipt, then I suspect Square keeps a slight spread on the conversion.
-if the merchant chose to keep btc as btc, then there is no spread until they sell it for dollars. Hopefully they never sell.
Stop finding excuses.
Also, Bitcoin only is a good way to go out of business. Lmfao. Bitcoiners don't spend BTC, so Bitcoin only is a death sentence.
But you’ve ignored your Bitrefill lie and moved the goal post to “orangefren.com” 😂👌
I like that 31% of total revenue being bitcoin = no one spends their bitcoin 🤣
Wait I thought you were suppose to be proving no spends bitcoin? You keep showing me proof that people are indeed spending bitcoin.
It’s brave of you to admit you’re wrong publicly and I respect you for that.
You missed the part where Bitcoin is a minor spoke to monero being spent? Lmfao, it's hilarious your maxi echo chamber tunnel vision sees getting mogged by monero as some kind of win. 😂😂😂 Bitcoin has certainly had a flippening, but it wasn't Ethereum, it's a superior and more sound money in the form of monero. Have fun adjusting to your new paradigm.
Still mogged, too bad so sad.
How do I connect my lighting washer to monero?
Same !!! The other option isn’t there. I’ve tried over 10. None were updated !!!
This has been my mantra, which is why most of the merchants at my local farmers market take Bitcoin now.
alternatively, rather than demonstrate your dishonesty, you could say, “ square vendors now automatically have the ability to accept bitcoin. id like to pay in bitcoin. i can show you how if you need me to. “
no need to show youre untrustworthy if unnecessary.
This thing blew up
View quoted note →I only use the “last time they said” if I’ve already used it there before.
But it’s almost always someone new so they have never done it before even though others have.
There are definitely square merchants that do not accept bitcoin. I have had several let me try to figure it out for them and the option wasn’t there.
View quoted note →
