Bitcoin, Burgers, Shakes, and America
https://blossom.primal.net/e73a7a986fdcb3a9f93a34ccf9fcf18f32d7c1c2f77373658ddfc12c78b5e5aa.mp4
Discussion
Come over to nostr:npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu anytime Matthew ⚡ #Uvita is living in the future, your pipa 🥥 awaits
GM #nostr ! Spend and replace is the way, I pay stuff with sats everyday at nostr:npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu #Uvita and around 💜
Still just hoarding Bitcoin... Make it MOVE, medium of exchange is next ;)
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I heard they were planning on it! I didn't know it rolled out yesterday.
Steak n' Shake uses real money and real beef tallow 👌
Top 😍💪
Kudos to #SteakNShake!
It would be awesome if we show them much love at the start... but, these incentives are backwards for the long run (capital gains tax notwithstanding).
As long as it's financially more rational to spend fiat, that's what we should expect rational people to do - even hardcore bitcoiners. Even someone using nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 to live 'bitcoin only' (like nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle) is going to have a credit card that allows them to pay in fiat and earn a % or 2 in rewards.
Presumably, the service SteakNShake is using charges them a fee to convert their bitcoin sales into fiat. Until merchants start actually valuing bitcoin for themselves - and offer a discount for bitcoin purchases (at least to compete with credit card rewards) instead of paying a fee to convert to fiat - gimmicks like this aren't likely to have a lasting impression.
Whatever service that SteakNShake are using, depending on how they’re treating the sats that they convert have the sweet deal. I’d do it without the fee. Sounds like a good way to stack nonKYC ₿ at market value with no upcharge. 😂
A domino effect has started. Lightning payments are the way.
We never sell our Bitcoin for fiat but we can freely spend it - to buy a house, to buy a burger, lambo or whatever one needs.
Earlier this year, I fell victim to a devastating cryptocurrency scam that cost me $79,000 worth of Dogecoin (DOGE). I met a scammer through a Telegram investment group—a woman named “Clara” who posed as an experienced crypto broker. She shared impressive-looking client testimonials and promised a 35% return in just seven days. Her website looked professional, and despite my initial doubts, I eventually transferred 500,000 DOGE, worth about $79,000 at the time.
For the first week, everything looked fine—the trading platform showed my balance growing steadily. But when I tried to withdraw my funds, I was told I needed to pay a $12,000 “withdrawal fee.” Clara reassured me this was standard and fully refundable, so I paid it. Unfortunately, that was just the beginning. More unexpected charges followed: a tax clearance fee, a network fee, a security deposit. Before I knew it, I had lost an additional $8,000.
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Throughout the process, they kept me informed and reassured. After days of relentles
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fiat food accepting bitcoin, it's a funny old world
nostr:npub153xmex42x4chdf757hp3q6zxagykkek7pdgwuwd074964dkyha9s82ryu8 00:15 🤙