0 sats \ 8 replies \ @iguano 20 Aug \ on: Why Bitcoin is not being Widely used as a P2P means of Payment. conspiracy
If you are using Stacker news, you are actively using bitcoin as medium of exchange. There is plenty of other use cases.
like paying for porn, games, vpn, remittance, gift cards markets, etc.
The governments can't do anything about it.
We are just to early.
The current use cases are as you describe and only exist on the very fringes of society and its markets because of the extensive and deliberate obstruction I have detailed above.
There is almost zero use at any serious level of retail and wholesale trades. There is no inevitability about wider use developing no matter how much we might want that, as powerful rentseeking bankers have quite a different agenda.
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I think you need to tune your expectations.
time frames, dead lines, goals, etc.
Maybe Bitcoin is able to free 5% of humanity, and it takes 50 years and on those 50 years governments ban it and unban it 50 times killing the price 50 times.
Who cares? you are free now, you can use it now, there are ways to live free using bitcoin no matter the government rules, today.
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I hope you are right and yes you are right about SNs- it is one place we can use Sats as a MoE token.
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From what I can tell, SN is the best bitcoin-spending place on the internet. I haven't found anywhere else yet honestly as compelling.
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my understanding is that bitrefill just converts the sats into dollars...
at SN it's sats to sats, which is what is really appealing to me honestly.
Never tried joltfun