Firstly, thank you for mentioning me. I appreciate the shout-out. Anyone interested in buying wool blankets and socks for Bitcoin can pm me. Okay, my shill ends here.

I totally agree that using Bitcoin as a medium of exchange is important to protecting and taking charge of the value of Bitcoin. However, I think focusing on the layperson using it to buy goods and services is not that practical.

As of now, buying stuff with Bitcoin requires multiple steps of somewhat technical knowledge. For a layperson, the amount of guidance and hand holding needed is much too high of a barrier to adoption. Where do I buy Bitcoin? How does a wallet work? How do I self custody? How do I find goods to buy? Can I trust this lady who sells her knit blankets? It's a lot.

Instead I think businesses/people should focus on paying wages in Bitcoin. I know of a restaurant owner who onboards new employees with an option to take their paycheck partially in Bitcoin. He lets them decide what percentage the split is and most employees take the option.

Now he has employees who are very hardworking, loyal and ambitious. All because they are getting paid with money that doesn't lose value. They see the value of their Bitcoin increasing with every paycheck. They can choose to store that Bitcoin as savings or use it to improve their way of life. Employees have sent their children to better schools and afforded better housing. This is a huge weight off a layperson. Now they have space to think about how can I improve myself so I can make more money, provide more for my family and enrich the community around me.

Business owners big and small are seeing gigantic huge companies, fiat kings as you call them, adopting Bitcoin but are failing to see how they can use it to make immediate improvements to their business. Frankly, most business owners are not financially minded. Most businesses fail because they don't have a basic understanding of accounting or how to attribute revenue and COGS accurately. They're so focused on opening their dream cafe, bakery, or general contracting business because thats what they're good at and what their skill set is.

Helping businesses understand how Bitcoin can positively impact their operations is missing from the space right now.

disclaimer, I did not listen to the podcast so I don't know if any of these points were already made or if they're relevant 😅

Again, thanks for the mention. check out this hashtag for the wool blankets I've made #woolblanket_bykaro 😆