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0 sats \ 0 replies \ @SimpleStacker 18 Aug 2023 \ on: How do you orange pill a banker? bitcoin
Tell them it lowers the barrier to entry for anyone to build open source banking and financial applications. That will get them thinking, at least about the competition that bitcoin represents.
Just as an example: many orgs pay ~3% fees for payment processing. An organization using bitcoin can lower that substantially, in addition to customizing their payments processing to their organizational needs in a much more easy way than relying on existing payment processing vendors.