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'mericans are so proud now of the only place in the whole US where they can really pay with sats directly (not intermediaries)

Not really P2P! Steak 'n Shake is using Speed... custodial service for business, charging 1%!

from: #1043797

I saw that and thought you were using that wallet.

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do not jump onto baseless conclusions just by seeing a ticket

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Why do they always have to mix in with terrible solutions—custodial Bitcoin wallets and shitcoins in this case—instead of just doing things directly? There’s always some shit involved.

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100 sats \ 1 reply \ @mo 20 Jul

Mostly because is a registered business, so what else you can expect, they have to comply, and they chose a solution that help them comply easily.

When business owners will learn how to manage private non-registered organizations, then Bitcoin might have a chance to operate at a bigger scale peer to peer. In the meantime, paper bitcoin is invading the markets.

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That really is a problem — businesses like that will hardly be able to pull it off. As @DarthCoin said, it’s better to let them adapt and adopt gradually.

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  1. corporations still do not have proper staff prepared for this
  2. as stepping into a new territory you have to see how much cash flow you get from that payment system to worth investing into infrastructure
  3. they are afraid of getting directly the sats because of conversion

With merchants you have to be patient, is not easy. But is a good start. Not all merchants are fucking crazy ancaps like Darth... give them time to became.

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I test it to validate my assumptions. And yes, it's a custodial service. It's the business merchant responsibility to cashout.

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It's business responsibility to cashout.

what do you mean?

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business merchant responsibility to cashsatsout from custodial services

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ah ok make sense I do not blame them to use a custodial service to get the sats. It's a start that any cautious merchant will take before will make the big step on self-custodial solutions.

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