Use and replace immediately- is that what you referring too?🤙🏻
Keyword is ‘use’
Tell that to the ones who say we shouldn’t spend sats.
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe is 100% correct by the way.
Discussion
Yes, but more generally we need more people to buy stuff with Bitcoin. People always complain about merchant adoption, etc but if no one is willing to spend sats, then what incentive do merchants have to accept Bitcoin in the first place.
Bitcoin used as medium of exchange, P2P is the killer feature imo.
The problem is that merchants aren’t educated enough to accept BTC and not immediately cash out but because the money is so bad they need every cent..
99% of businesses are like most people - they live month to month..
They can’t afford to hold the asset for 4 years and just increase their cost of sales for 2% of their revenue..
With Strike, you can pay in Bitcoin, via Lightning, from your fiat cash balance.
I like it this way.
I can contribute to merchant adoption by paying in Bitcoin, and there is no tax event of selling Bitcoin, and I get to keep my Bitcoin.