188 sats \ 3 replies \ @DarthCoin 1 Oct 2022 \ parent \ on: Single Page App for Merchant Lightning Payments bitcoin
going back to fiat IS NOT AN OPTION.
That is the option only for shitcoin fiat maxis.
We are going forward not backward...
As a merchant I want sats not shitcoin fiat.
Ha ha - nice. I mean, I'm totally with you. If I were a merchant, I'd choose sats.
Every merchant I've ever cold-approached though, is on the shitcoin fiat maxi side of the scale - and they need to dip their toes in the Orange Pill pool before dive bombing the deep end.
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Getting any merchant to use Bitcoin/LN is a step forward, regardless if they convert it back to fiat.
Any increase in use of LN effectively increases demand for Bitcoin, even if at one end of the trade it gets converted back to fiat. Increased demand for sats as a medium of exchange on LN is just as good, if not better, than hodling sats as a store of value.
This is why the work that Strike is doing is so important.
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Giving customers the ability to pay with sats means you are not subjecting them to the tyranny of the state. That is the reason.
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