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A couple days ago I was on my way to school via the local public transit and while waiting for the trolly in the underground station a stranger approved me and my bench mate with a solicitation. He claimed to be a local artist who turns his stickers into art and sells them around town. The lady next to me quickly brushed him off but I saw a nice opportunity and asked him "have you considered accepting bitcoin for stuff like this?" His response was about as good as it gets. He said, "oh I'd love to accept it, but I don't know anything about." So, I covered the front of my pants and assured him that if he really was willing it was very easy to do, and I could show him how to do it.
The trolly started to roll in and I asked him where his stop was. Two stops after mine, which meant I had about 10 minutes to give him the pitch, download a wallet, then transact with each other. The whole experience was very nice because he was genuinely curious, non-combative, and inquired about the right things. We started by having him download blink wallet, which took a bit of our time because we had to wait for the trolly to exit the tunnel and get to a point where our mobile service would work again. Once we did it only took seconds without any prompting from me for him to get the wallet installed, set up, and ready to receive. Now it was time for a quick crash course,
I said to him: "ok a quick crash course on bitcoin before we settle." and he sat next to me with eager and open ears. I started with one of my favorite ways to introduce the concepts of Bitcoin the network and bitcoin the unit of account. Everyone now a days has heard the word "bitcoin" before but not many understand that when you say the word bitcoin, it could mean two different things. I quickly explained the Bitcoin network is made up of purely volunteers and stressed the fact that if you want to participate you don't need ID, permission, or accounts. I quickly mentioned one of my favorite parts of the network is how unimportant your sex, age, race, status, or geographical location is in order to be a part of it and quickly contrasted it with our current monetary and banking system. From there I moved on to the lightning network. We talked about the peer-to-peer liquidity network that allows us to send and receive in a faster and cheaper way. We covered channels with some hypotheticals. If you and I want to transact often and freely, I said, we could use the Bitcoin network to establish a channel in between us and we could transact back and forth as often as we wanted and then settle later. Then I used the rest of the people on the trolly to paint a picture of the LN for him. "See that guy over there?" if I wanted to transact with him in a similar manner but didn't have a channel established with him while you did, I could then use our channel in order to do so. "So, If I have a channel established with you, I can also use it to transact with everyone that you have channels with." and he seemed to understand well enough. By this point we had about four minutes left, and it was time to actually transact. I walked him through the process and seconds later he owned his first evert bitcoin. I sent him 6170 Sats and he handed me my sticker. An Ewok in a Disneyland shirt and Mickey Mouse hat holding a churro. He claimed to have drawn "every single hair" himself on an iPad.
Once he had the sats, now it was time for clarity on bitcoins scarcity. I like fractions, and I use them to explain bitcoins absolute finitism. I said: "a great thing about bitcoin is, no matter how much you own, that is a permanent, unchangeable fraction of the total bitcoin supply," And I asked him "we couldn't really say that about the $5 bill in your pocket, could we?" He got it immediately. "I've never really thought of it like that." He said, referring to currency debasement which we talked a bit more about using examples from around the world. He asked me at this point "what could we compare this to to let's say 100 years ago" I couldn't really give a better answer other than gold, but it worked well for this point in the conversation. I told him gold has for a long time and by many people been used as a defense against this (debasement) and bitcoin is similar for many in modern times. Again, I was rewarded with a face lit up by understanding. Next, he asked me my favorite and last question while pointing to his Sat balance: "well where can I spend this?" I wanted this guy to be able to use his bitcoin to live his life, which seemed to be a bit rugged, so I shilled The Bitcoin company and told him all the things I buy there that I thought could benefit him: Travel stuff like Train, gas, and planes. Music (Spotify), entertainment, and food at bigger name stores such as Walmart. I mentioned here that although we are using a third party (TBC) we are still at least eliminating some of the middlemen (banks). Then I stressed that really the best way to spend them is P2P and I let him know all of the places in San Diego I knew of who would accept his sats. I wrote about them here: #1011444 We were lost in conversation, and he actually had to remind me that we reached my stop; I'm thankful I let him know which one it was haha.
Ten minutes is obviously a very short amount of time and I had to abruptly end our chat. I wanted to give him much more. Right away I wished I had the flyer @DarthCoin mentioned here: #1242288 it would have been a perfect situation to hand one over. I won't make that mistake again and have since printed a few out for the next time.
Bitcoin is thriving guys. The doom and gloom I see come through SN sometimes by @Solomonsatoshi or @denlillaapan is just so so silly to me. SN is the only social media I use, so maybe it's just that I'm not being fire hosed by bitcoin twitter and its magnification of Bitcoin + fintech, but my optimism at this point is high. Fintech is the loudest, and with the most resources, but when we think of bitcoin adoption, they are the few, and they matter not. What really matters is individuals and if you are paying attention, forcing the right conversations in a polite and instructive way, or trying to spend your sats, you won't see it. And when I see rhetoric of "bitcoin is not used as MoE" I can't help but shake my head and laugh. The reality is though that many many many people are on the path to bitcoin even if they don't know it. The network isn't going anywhere. Humans have innate pattern recognition and although it may seem like a snails pace, the masses are gaining awareness. Every single person who accepts their first sats is a huge fucking deal in contribution to network effects. Be the chicken and the egg and you will get the results you want. It's happening all around us.
98 sats \ 0 replies \ @Scoresby 8h
Well done! I'm impressed by how much you covered (in addition to downloading and setting up a wallet). I clearly need to expand my "will you accept bitcoin" efforts.
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BTW if you seriously want to portray the issues I raise as 'silly' please feel free to address them directly on the posts where I have raised them.
There you can expose how 'silly' those particular issues are by engaging in context with reasoned argument and with me having the right of reply.
I have never noticed you do this but look forward to you demonstrating how 'silly' my comments are in context and within a framework of sequential reasoned debate rather than a sly, generalised and out of context attack upon me and my viewpoints.
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I thought it was clear which single issue I'm referring to which is your denial of bitcoin being used as a MoE. #1245128 Here you said it was only us here on stacker news. That's silly. Have you been to Vancouver Canada? Austin texas? Kenya?
I'm not going to dig them out but you constantly tell people that bitcoin will never be used as an MoE because of government issued tax laws. Of the bitcoiners, some care, sure, but not the majority.
To be clear It's only this very specific rhetoric you spread that I find silly. I don't have the knowledge or experience to agree or disagree with a lot of other rhetoric that you spam around SN so you won't find me commenting on that.
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I have never denied bitcoin is 'being used as a MoE' and so your assertion that it was clear that was what you were referring to is nonsensical.
'Here you said it was only us here on stacker news.'
Except I did not say that.
You are misrepresenting what I wrote.
Here is what I actually wrote- 'Bitcoin is barely used globally as a MoE except on SNs!'
Here is my full comment for context-
'Payments hegemony historically derives from trade dominance. USA was the dominant nation in global manufacturing when it gained monetary hegemony. As was Britain. Now China is the dominant global economy in terms of production of manufactured goods and consumption of commodities. Bitcoin may have a role as a neutral SoV refuge / safe haven for wealth and capital but in terms of trade payments (ie SWIFT) China is trending and positioned to gain dominance way ahead of Bitcoin. Bitcoin is barely used globally as a MoE except on SNs!'
So in the context of Bitcoin competing for MoE with the fiat systems I stand by the assertion that BTC is HUGELY obstructed and has only achieved very limited MoE adoption...for example on Bitcoin Maxi enclaves like SNs where we are mostly operating in subtle but explicit defiance of the law because when we do use BTC as a MoE here on SN we are almost all breaching our respective tax jurisdictions by not recording each and every zap and paying the tax due.
This is the absurd extent of sly BTC MoE obstruction by the state which I have repeatedly raised and which you ignore. It is a huge problem because most people are not going to risk breaking the law in order to use Bitcoin as a MoE.
Can you address this issue or would you rather ignore it???
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I find hopium loathsome and poisonous. It is fairly chronic here and even worse on other BTC based platforms.
Why do I object to hopium? Because it seeks to pump enthusiasm and ignore the obstacles and thereby it prevents even discussion and consideration of problems facing BTC and therefore tends toward endangering BTC rather than enabling thoughtful exploration of awareness of the problems and potential solutions.
Hopium will be popular on SNs but I'm not here to milk sats- Im here to raise what I see as the problems and potential exploration of solutions related to Bitcoin and other issues.
If you dont like it keep on with your Libertarian circle jerking and shoot the messenger attacks upon me...I expect nothing less.
BTW congratulations on your orange pilling experience but I think we all know how rare such positive experiences are and how much FUD there is out there preventing most people from gaining a better understanding of Bitcoin. I would agree we need to continue to try and educate and push back against the huge obstruction and misinformation that is opposing Bitcoin P2P adoption.
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Why do I object to hopium? Because it seeks to pump enthusiasm and ignore the obstacles and thereby it prevents even discussion and consideration of problems facing BTC and therefore tends toward endangering BTC rather than enabling thoughtful exploration of awareness of the problems and potential solutions.
Yeah, I can't deny this. I'm guilty of it even. But hopium is a large part of every meaningful revolution from the people and I think your objection to it is so strong it becomes damaging.
If you dont like it keep on with your Libertarian circle jerking and shoot the messenger attacks upon me...I expect nothing less.
As I said above it's only your opinion about bitcoins everyday use among the plebs. I don't understand the need for a political classification I haven't fed into any libertarian rhetoric in my post.
FWIW Libertarianism ideals is what brought me to bitcoin in the first place in 2021 but now I feel the existence of bitcoin has actually justified all forms of government. and I have moved away from libertarianism ideas because of it. Justifying all forms of government may be a hot take but the risk of ruin caused by a nefarious government or dictator is becoming lower and lower. As bitcoin proliferates the ability for any one government to control via anti-capital-flight measures lowers in direct proportion to the size of the Bitcoin network--social and node count.
Bitcoin aids the individual in choosing geographical location and thus how he or she will be governed, if at all.
And this is my biggest issue with your "no one uses bitcoin" rhetoric because already, relative to five years ago, I personally, know of many places in there world I could go to and survive using bitcoin as MoE. The social network of people using bitcoin as a MoE may be small relative to NGU nonsense you see on twitter but it has never stopped growing since the day it started.
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I believe there is no need for hopium. Bitcoin is an incredible revolutionary protocol and has achieved a huge number of victories already. I am thinking about the fact it has survived, grown in value and triggered a huge ecosystem of tech development (eg SNs and LN). One of the biggest 'wins' in my opinion is the way Bitcoin has empowered literally millions of people to save liquid capital and that capital has grown incredibly giving those people who dared to challenge the state imposed fiat monopoly the ability to build many projects and innovations. The ecosystem is amazing and gives me hope. But, the obstruction of MoE use is huge...sly in the case of the west, but still huge. The fud, the KYC, and most of all the sly tax rules making everyday and convenient MoE use actually impractical except for those of us who are prepared to ignore the tax laws. I agree there are pockets of Bitcoin acceptance and maybe they are growing but I don't see much progress overall in terms of reaching the scale of acceptance and adoption required to enable mass adoption...what I see is increasingly the narrative is SoV speculative commodity hopium and increasing KYC and institutional custody which excludes MoE use. Except in El Salvador or some regions of Switzerland is there anywhere where ordinary people can buy a coffee with Bitcoin without the absurd tax recording requirements which make such purchases and use completely impractical? I agree Bitcoin has and does provide some very healthy and much needed competition and alternative to the state imposed fiat monopolies. I see the fiat monopoly monetary system as a hugely corrupting influence on our governments and capitalism itself and Bitcoin as a brilliant way of providing us with an alternative money/capital that is not imposed but which we can choose to adopt and by so doing avoid the states debasement and debt slavery. But the state is aware of this too and this is why they have and will obstruct BTC MoE with all their power and cunning.
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21 sats \ 0 replies \ @OT 2h
Great story, I'm surprised you were able to explain all that in 10 minutes!
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21 sats \ 0 replies \ @plebpoet 5h
Whoa the art is pretty sick too!
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21 sats \ 0 replies \ @DarthCoin 8h
Indeed the flyers are good for these occasions to onboard strangers.
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