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.
