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100 sats \ 8 replies \ @Scoresby OP 29 Nov \ parent \ on: All Jan3 Dolphin Cards have been suspended bitcoin
I hadn't paid much attention to the Dolphin card thing, but I wonder how different it is in principle from a Square terminal auto-converting bitcoin to dollars for a merchant?
Imagine this scenario: I want to spend bitcoin. I go to a merchant who uses Square. The merchant doesn't care about Bitcoin, but I convince them to turn it on in their terminal by telling them they don't have to hold any. Now I can spend bitcoin at this merchant and they can get the dollars they want.
Is this scenario materially different from someone using the Dolphin card? I suppose it is because in the Square scenario, the merchant still has to turn it on. While in the Dolphin card scenario, the payment processing partner handles all the bitcoin stuff and merchants never see it.
The thing is that as bitcoiners, we should avoid as much as we can merchants that do not want to hold sats. Simply as that.
Do they want only fiat? Fine, if you still have fiat, pay with regular fiat.
Do the want sats? Perfect, pay with your BTC wallet.
Do not pay / use these conversions only for the sake of paying with sats.
BOYCOTT ALL THE FIAT MERCHANTS.
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How do you know if a merchant holds the sats? They are not obligated to inform you
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that's why is better to onboard one by one, wisely selected merchants.
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Merchants come to bitcoin when they actually need it.
Most of them don't. That's ok.
There's really almost no reason to "onboard" anyone.
When they need it, they'll come in droves.
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did you read what the meme said?
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Yes, is a good question.
Is more about knowing the merchant. Is enough to talk with them for a while and immediately you will know on what side they are leaning.
Like you for example, you are not a real bitcoiner yet, and I see that but what you talk about and what you post.
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So you mean if I sell weeds you will never buy a joint from me even if i accept sats?
That is super mean man
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- I don't smoke. My only vice is beer.
- If you do not accept btc... HFSP
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