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@saunter
82,654 sats stacked
0 sats \ 0 replies \ @saunter 18 Feb \ parent \ on: Alby Hub new release with a lot of new good stuff | v1.14.2 bitcoin
Soon™
We have too high supply of merchants compared to the number of bitcoiners that are willing to spend bitcoin.
That applies to almost all bitcoin circular economies. What we need longterm to do is to kill the "hodl don't spend" meme. There are bitcoiners living in those communities and not spending bitcoin at all, see #721082
Short term, each of the communities needs to find a way to create or bring supply of spenders, otherwise merchants will start to drop the acceptance with time.
He has no chance to win.
Adoption is pretty low/average in Europe. Some % of people hold bitcoin/crypto, quite low merchant adoption but there are some nonetheless
It's just not practical to price in sats now. Within a few weeks, price of Hub doubled for users, we would need to lower the price manually every few weeks in this bullrun. It's impossible to do any predictions about service cost when you price in btc
That's why we chose to price it in sats in the beginning. But then suddenly the subscription got 2x more expensive for our users in a matter of few weeks.
Just a shoutout, we will soon change the pricing to USD and around $10, so should be more affordable