That’s a great article.

When you finally convinced the vendor to accept bitcoin, do you monitor them to make sure they do not sell any of it back to fiat? Probably not because it is their choice to do whatever they want with those sats.

Maybe they’ll go to another store and spend some sats buying food at another place that you onboarded into bitcoin. Eventually they won’t need to convert back into fiat at all because a circular economy will exist by that point.

Having a vendor accept bitcoin directly (regardless of what they do with it afterwards) is much better than me using my bitcoin to purchase a Visa debit card or gift card….that is the fiat mindset that we need to do away with mentioned in your article.