I’m sure it was discussed, but why not have “pay with Bitcoin” (received as USD ) on by default and have the activation instead be for receiving/holding Bitcoin?

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Because the merchant has to go through kyc... again.

Really? I figured that information would have already been provided upon initial setup

Is it the same information being confirm or new information that wasn’t obtained prior?

Twice the kyc twice the fun!

They even threw in the beneficial owner requirement that the courts said was an unnecessary burden when FinCen tried to force it lol 🤌