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49 sats \ 4 replies \ @jsonbits OP 2 Feb \ parent \ on: Merchant Adoption in the US AskSN
True, but someone has to make the first step. I guess a better question for businesses might be:
Then connecting the dots on how bitcoin might solve it.
Or perhaps more bitcoiners should be starting businesses themselves and asking for it.
It is a lot of time and effort to onboard and then you run the risk of losing them if the price crashes or the onboarding platform gets shut down in your jurisdiction (as with IbexPay).
Speaking of problems to be solved, I think bitcoin mostly solves "macro" problems, but one intriguing micro use case is for international payments, especially if the local currency is unstable or has tons of capital controls. Thus the most promising areas to onboard merchants might be in touristy areas, especially with lots of international tourists
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exchange rate fees
wiring fees
foreign transaction fees
AirBnb would be perfect for bitcoin payments
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I like this! There was a crypto AirBnB I used once when travelling to London for a conference. They accepted bitcoin but were also heavily shilling some ErC20 token. Not sure whatever happened with that lol.
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Before he started Coinbase, Brian Armstrong was an engineer at AirBnb
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