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15 sats \ 0 replies \ @Kontext 18h \ on: The State of Merchant adoption right now. How's it, where you are? bitcoin_beginners
Basically none. But there are also basically no bitcoiners here in Estonia even though the monetary policy is _not even _in the hands of local politicians (as if that made anything better) and the country suffered some of the highest inflation rates in Europe in 2022... I am constantly surprised and appalled by the apathy, disinterest and timidness of the people around me. Which is one of the main reasons I'm seriously considering seeking a new home somewhere in the Americas, but I digress. All that being said, I do accept BTC for my own goods, of course, and am trying to increase overall merchant adoption in a roundabout way with a gift card business, but it's a low-budget solo venture for now and there hasn't been a lot of interest from either investors nor customers so... I guess we're still, unfortunately, very early? At least from the MoE perspective.
BTW completely agree that unless BTC can be used as a Medium of Exchange, we will always be crippled by trusted third parties, KYC/AML bureaucracy, financial censorship, etc. In other words, Bitcoin can be the better money, but not the freedom money, without the MoE component.