I know this might be an unpopular opinion in Nostr circles, but I genuinely think it's better to delay using Bitcoin as much as possible and spend fiat first.
Yeah, yeah, I get it – Bitcoin isn't just an investment, it's actual money, blah blah blah. I agree with all that. But let's be real, the day we'll have to use Bitcoin for everyday stuff is inevitably coming, isn't it? Fiat will eventually be rejected by merchants, for sure. A day will come when we have no choice but to use Bitcoin, even if we'd rather not, simply because that's all they'll accept.
But I also get that Bitcoin is more than just a way to preserve our wealth; it’s about building a more just world, and that transacting with it is a necessary part of creating that better society.
So, here’s an idea that could satisfy both sides: if you're selling something, offer a discount for paying in Bitcoin. My point is, we all pretty much take it as a given that Bitcoin's price will be up in the long run. But as for next month? Who knows if it’ll be higher or lower than it is today, right? So, if paying with Bitcoin right now gets you even a small discount, there's really no reason to hesitate using your Bitcoin, because that immediate saving makes sense regardless of short-term fluctuations.
Honestly, the most ideal situation would be not giving a damn about the fiat price of Bitcoin at all and just saying, "My product costs X satoshis." But, with costs still being in fiat for most businesses, expecting that right now is probably a bit harsh.
However, what's the deal with pricing things in fiat, then multiplying by the current exchange rate for Bitcoin, and then charging slightly more for the Bitcoin payment? I find that kind of ridiculous, to be honest.
