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moneybadger is just another paypal for bitcoin, it doesn't fix anything.
No matter how much you love to use it as a payer.... it will always be this: the paypal for bitcoin.
It doesn't eliminate the fiat banks, but just perpetuate their existence.

The more sats will be earned directly by merchants, more they will be inclined to pay their employees and suppliers with the same sats. That's how a circular economy starts, not with worthless QR codes converting sats into fiat that end up in Saylors hands.

21 sats \ 1 reply \ @anon 3h

You clearly don't know anything about adoption. Please get your head out of your ass and into the real world. Where people respond more to real, practical use cases than Church of the Immaculate Satoshi's dogmatic bullshit about eliminating banks.

Your church is too small to ever eliminate banks, and too obnoxious to ever grow beyond insignificance. Real world adoption will eventually eliminate fiat banks as a byproduct, not some puerile holy crusade.

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please go back to your fiat church, bitch

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0 sats \ 6 replies \ @jasonb 8h

I feel like WOS, blink, coinos and so forth are PayPal for Bitcoin. Money badger is more like a mobile currency exchange between BTC and ZAR I. Your pocket.

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Wrong. WoS, blink, coinos etc are NOT selling your sats for instant fiat. Moneybadger is doing it.

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0 sats \ 4 replies \ @jasonb 8h
WoS, blink, coinos etc are NOT selling your sats for instant fiat.

Exactly, and neither is PayPal. In both cases, someone is holding your asset for ease of transaction. One uses dollars, and the other uses sats. Neither of these trade between Bitcoin and fiat when you make a payment. I’m not saying that makes them better or worse than the exchange system. It’s just that, these are the systems that are more analogous to PayPal.

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You are better using a custodial that only accept sats and then withdraw then using moneybadger that gives you back fiat instead of sats...

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0 sats \ 2 replies \ @jasonb 8h

Well, I respect your opinion, but I’d rather not hold the fiat at all, and just exchange for it right at the point of sale when I’m dealing with a merchant that has something I need and doesn’t want my bitcoin.

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20 sats \ 1 reply \ @DarthCoin 8h

AGAIN, I am not talking about you, the spender. I am talking about the receiver.

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54 sats \ 0 replies \ @jasonb 8h

I think I understand your argument, and it makes sense. Education is important and I also don’t like choke points. I just think, in this case, that it’s more valuable to get things rolling. Checkers is a clear example of where the company just now sees the practical value of accepting sats, and specifically because they got a taste and were cut off.

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