I believe the real meaning of Bitcoin adoption is when individuals and not governments and corporations, use Bitcoin. But who/what is preventing people from regaining their economic freedom?
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51 sats \ 2 replies \ @TNStacker 17 May 2024
Merchant adoption is required. Keep asking stores if they take Bitcoin!
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31 sats \ 0 replies \ @Undisciplined 17 May 2024
That's the big one. It'll also be important to have merchants offering a discount for using bitcoin, which they should be able to do without the credit card fees (and potentially without some avoidable taxes).
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21 sats \ 0 replies \ @bitties 17 May 2024
No, it’s the people! ;)TN is right, but I do think people stop themselves as well.
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10 sats \ 0 replies \ @notgeld 17 May 2024
States.
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10 sats \ 0 replies \ @Maximux 17 May 2024
What is happening right now is that Corporations, Investment Funds, Banks and even Governments are buying Bitcoin in large quantities. However, individuals do not realize that they are losing the opportunity to have real monetary control.
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0 sats \ 0 replies \ @ca 17 May 2024
Onchain ? Fees, privacy, processing times, capital gain taxes
Lightning ? Horrible onboarding, custody regulations, need to be online, manage channels, lock up liquidity, limited inbound liquidity, limited outbound liquidity
Finally on and off ramps commission fees
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0 sats \ 0 replies \ @jgbtc 17 May 2024
Capital gains taxes are a major hindrance.
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