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i disagree. we are never going to win if we become absolutists. let them make the first step.
I will try to talk the owner into accepting the bitcoin and holding it, rather than have it converted to fiat.
Perhaps I can even do that for him when I help the cashier find the option next time.
We need a variety of tactics.
Without a minority of purists, there's literally no incentive for any business to do what most of us think is the right thing.
Without gradualists/pragmatists, the hurdle is too big and no one will even try to meet us partway.
Either they accept bitcoin, directly on chain and/or to your own lightning wallet or I don’t spend my stats with you.
This will never happen. People ie regular merchants need intermediaries to help them in order to get started.
Additionally, since Square is a KYC merchant, when you bitcoin with a offramp, you actually create even more valuable chain analysis data than when you just buy from A KYC platform.
What valuable 'chain analysis data' do you create with a lightning spend?
What valuable 'chain analysis data' do you create with a lightning spend?
Great question.
No technical on-chain data that I am aware of but any data whatsoever is bad to send to them. It might not be on-chain data but it gives them something to analyze and start looking for a thread to pull on.
I could be wrong. But nobody cares about coffee purchases.
I hear you. It's not ideal and I'm not sure it's much better than just paying fiat, in many cases.
Some of the pros are that it signals to the merchant that there are customers willing to pay with bitcoin, it increases awareness of bitcoin as money, and it can set the stage for more adoption.
Like I said, this is a business we go to somewhat regularly. I'm friendly with the owner and think there's potential for a recurring dialogue about this.
you did everything right
yes, find a way to talk to the owner directly. staff are not decision makers.
I usually say hi to the owner but he usually doesn't have time to chat because he also does most of the cooking. We're friendly enough that I'm pretty sure he'd hear me out.
try to arrange a meeting with the owner before the opening hours. then they can dedicate their full attention to you and you can answer their questions without time pressure.
I wouldn’t spend my bitcoin at a Square merchant purely on principal.
Either they accept bitcoin, directly on chain and/or to your own lightning wallet or I don’t spend my stats with you.
Additionally, since Square is a KYC merchant, when you bitcoin with a offramp, you actually create even more valuable chain analysis data than when you just buy from A KYC platform.