I want to do this for local businesses with a physical tap to pay card. the retailers save 4%+ credit card processing fees, which means users of the local payment system can get a perpetual discount everywhere. and newcomers to town can get enticed into the ecash/lightning world without knowing it.
Discussion
Yep, it should be as simple as ‘we accept Visa, Mastercard, Lightning’ where Lightning is just another payment network where you can pay in the currency denomination of your choice.
I prefer to use ‘Lightning’ because it is truly a payment network, that happens to use Bitcoin for settlement.
I was talking about doing it with cashu and not requiring customers to buy or even know about Bitcoin. they "just use that card thing that all the local businesses accept at a discount" and they can top it up at any merchant (this is where the Bitcoin transaction happens behind the scenes) or cash out if they were just a visitor to town for the day and didn't spend it all.
That’s exactly my vision. My wallet is built completely on Cashu. But the more I work with it, the more invisible I want it to be. I am also making the wallet present amounts in the local currency unit of choice.
The big thing I learned while travelling is that the local currency is pretty much hardwired into everyone’s brain to make pricing decisions. After a few days, as a traveller, you begin to do the same. But everybody knows Visa and Mastercard and are willing to do transactions, if they are equipped. But it’s all done in local currency.