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107 sats \ 2 replies \ @OT 13 Nov \ on: Square terminals to allow pay in $, receive in btc tomorrow bitcoin

Do I understand this correct.

Let's say I'm a merchant, I can turn on EVERY payment received from fiat into sats?

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5 sats \ 1 reply \ @spiderman 13 Nov

Or the other way round.

I hope there are some options to do a mixture as well. Merchants need fiat to pay their bills, so they cannot afford to convert 100%, but depending on their cash flow and appetite, if they keep a few percent of their revenue in BTC that will signal a massive adoption too.

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5 sats \ 0 replies \ @OT 13 Nov

I saw that merchants can keep whatever percentage they want in Bitcoin.

Merchants need fiat to pay their bills, so they cannot afford to convert 100%, but depending on their cash flow and appetite

Not if they can pay their bills in bitcoin.

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