Last night we introduced a bar manager to accepting #Bitcoin #Litecoin #Monero #BitcoinCash
We will let you know the location once eveything is set to go.
Discussion
Why would anyone accept Litecoin or bcash
The only question is why would anyone accept non fungible money?
If one decides to not use Monero there is a better UX to have with LTC and BCH than BTC.
BTC is good as a store of value, but out of the 4 it is the worst medium of exchange.
Not private
Not fungible
No 0-confirmations
Highest fees
Exception if someone already runs a self-custodial Lightning node. But that's rare with newcomers or when you tip a waiter.
Why does fungibility matter? Also you mustn't have used ecash yet.
I'll take up your eCash challenge, if you are willing to take on my BCasH challenge.
Can't zap with it on nostr right? Don't know anywhere I can spend It and its a pretty bad sov so you'll have to convince me how I'm going to use it.
Zaping on nostr with #bch is called pumping, and while not as far along as zpping, it can be done. Monero is working on theirs too, so, in that sense, the wall around the btc garden is beginning to show cracks.
Regardong bch sov, it really has not been a fair fight. That said, while the gains have not been as stellar, they have been on the rise since the crypto winter in '22, at times surpassing btc.
In the way of where to spend I don't knowoff any BCH markets off the top ofvmy head, certainly, much likevBtc, none as good as what the #Monero community offers. But, they have a very good ecosystem that includes an incredibly easy to use POS ( pos.cash / Bitcoin Cash Register) a reasonoably entertaining gaming suite at bch.games
And even more stuff at discover.cash
All of this is done without a layer 2, fedimint or anything resembling external custody.
Enjoy btc for it's number go up sov, because that is really all it's designed for. Anything beyond that is just a 2nd rate Ethereum imitation.
NOT YOUR KEYS, NOT YOUR COINS
Lots to unpack. First bitcoin is pre ethereum so it's not an immitation nor is it pos.
I have seen 0 BCH zaps.
Life isn't fair, idgaf if "at times" BCH was up more than bitcoin, zoom out anon, btc wins over and over again. Probably the only time was some bs with Craig wrong going on.
You yourself said it, no bch markets. But I buy with bitcoin frequently.
You can't includes monero and Bcash in the same discussion, one has a use case and the other doesn't
Fungibility will be the theme of the second half of the roaring 20s.
If you don't yet understand the significance of fungibility you'll experience it first hand through frozen accounts, frozen payments and legal battles.
In short. Fungibility means every unit is interchangeable with a subset of any other unit. No ID markers of any sorts.
Why is it important?
Because the crypto space took the wrong turn. Celebrating the arrival of centralised third parties meaning most people go through custodians who require IDentification. But with ID comes taint and association or closeness to criminality, which is arbitrarily defined by broken money hungry states seeking to milk the public
Could be sending more than the allowed $600 from a non KYC account.
Could be sending 4x tx of $9500 from a KYC account
Could be coins that got stolen from an exchange that you got from a customer that traded on a non KYC exchange
As chain surveillance of transparent coins advances more and more cases is "illegal" transactions will be claimed by insolvent state.
There's no remedy for those believing in the medium of exchange use case other than mathematically guaranteed FUNGIBILITY.
Game theory tells us that the state will declare everything an illegal transaction if its in its interest.
The only thing states can not touch is what they don't see.
Hence why Monero is a superior medium of exchange compared to ALL other transparent cryptocurrencies.
Litecoin is sort of fungible after the mweb update
How is bitcoin non-fungible then? There is no way to differentiate 1 Satoshi from another. Utxos aren't?
yeah, this.
sats are fungible but utxos arent.
E-cash mints are going to be considered the same as mixers. There’s no way that they allow mixers to pretend they’re like some noble and honest institutions.
Monero is better because it doesn’t require you to bet on the good will of others. Bitcoin just inherently relies too much on assuming the good will of authorities
Ecash is cool, but I prefer my privacy self-custodial when possible especially for larger amounts.
Once cake wallet has the ability for the sender and recieve to choose separately between lightning, monero and on chain, I will use it. But for now I don't have a good way to buy Monero and then pay bills
Maybe you should expand ypur resourcefulness and include your bitcoin beliefs alongside other excellent projects.
AlaskaAnon has been living bankless with #xmr for a number of years.
https://traffic.libsyn.com/secure/watchmanprivacy/147_Living_Monero_AlaskaAnon.mp3?dest-id=2727836
Did you seriously just post an hour long audio clip as a response?
I would accept it so that I can swap it into BTC
Is there a way to nokyc swap to btc
Yes there are so many different places to swap any altcoin to BTC with no KYC, that's easy. That's why shitcoinery is such a good way to get nonkyc BTC if u just always swap into BTC. Some that I have used without any problems that also support these coins include trocador, stealthex, exocix(that might be the wrong spelling), side shift and nonkyc dot io. Heres a good list. https://kycnot.me/?t=exchange