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0 sats \ 2 replies \ @m0wer 9h \ parent \ on: If you spend bitcoin for your purchase do you care if the seller liquidates? bitcoin
Sure. But then for most cases, where privacy is not that important, I'd rather get rid of the weak money that I have more than I want of (fiat).
For example, why bother changing fiat for Bitcoin in Bisq or similar to then give it to bitrefill for an Amazon gift card? I'd rather avoid the trouble and just pay in fiat to Amazon myself.
But I'm willing to go the extra mile if the merchant directly accepts Bitcoin.
well, don't do it then?
do you understand how ridiculous is to ask someone this right? Its like asking which bank does your payment processor deposits your fiat to, everyone would look at you like you're retarded and politely tell you to fuck off.
if you earn/save in bitcoin then you're spending bitcoin because you need to pay for something. and you'll use the method that makes the most sense, if you need to do 4 different steps, dance around with a naked monkey and put a jellybean up your ass to just pay in bitcoin so you can then complain online that a merchant has converted to fiat then it makes no sense
because bullying merchants into accepting bitcoin has never made sense. if we would've focused on the supply part of the problem, creating ways for people to earn bitcoin instead of spend bitcoin the demand part of the problem would be fixed instantly because the market would pull it out of ppl.
you don't want to go through 5 steps to pay with bitcoin because its complicated for you, but nobody ever considers that it might also be annoying for the merchant? likely all his expenses are in fiat, completely possibly that he operates on razor thin margins and needs the liquidity to operate the business, there are many reasons why it doesn't make sense for a merchant to hold bitcoin. theres also many reasons for why it does. But it is completely at their discretion and should make absolutely no difference to the party who is paying to the bitcoin, otherwise they are not paying for a service/product but larping god knows what
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Sure, that's my point. I'm criticizing the Bitcoin only cult mentality.
The idea of making the effort of spending Bitcoin instead of fiat with a particular vendor is some kind of tip or favor that you do for them. It only makes sense if they want to keep the Bitcoin, otherwise as you said you aren't doing anyone a favor.
I think about it as in “I give you these sats that I have spent effort acquiring so that you can skip those steps”. Because as long as one earns fiat, it's almost always going to be more convenient to pay in fiat.
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