As a British bloke peering in, the american bitcoin scene is just drama drama drama tuxedo pump my bags drama drama
Discussion
It looks that way from within also
pretty much. we don't actually use bitcoin as money anywhere here besides a few random businesses scattered around the country. if we had one community that was similar to Bitcoin Jungle/Island/Lake/Beach/Ekasi/etc. that would be amazing.
It’s sad in a way. The rest of the world idolises the US and we’re downstream of American culture.
Are there any LN wallets remaining?
i don't know of any off the top of my head that don't require KYC. hopefully those that left come back in the near future with administration changes and hopefully policy changes.
All it takes is starting it in some local market - farmers market, shops in a smaller village, etc.
The strategy for larger cities is imo different though - there I think it is better to create community of bitcoiners who actively help business to onboard, have engineers, etc - this has been done mainly in Europe and they added thousands of businesses that now accept.
i agree. i've tried to get a few local businesses on-board and they don't seem too interested.
And did you talk to the owners? I found that talking to the workers doesn't work. They are not the decision makers.
It’s basically impossible to use it for commerce in the U.S. Not worth the effort for most businesses until we change a lot of laws and regulations.
While the regulations indeed suck, the other countries have very similar and often worse. I think the main blocker is the mindset of the people and proliferation of very large scale solutions (like Square POSes).
The way how a lot of these communities achieved spread is by default having a solution that turns the bitcoin into fiat for the merchant. In some cases it's just a guy that in the end of the day gives you cash for the bitcoins.
This simplifies a lot of the onboarding problems. The merchant can accept bitcoin, but they get fiat and can optionally (or later) select to get bitcoin. For example in Europe Confirmo is a big provider of this solution that then all the different POSes and e-shops use. In Costa Rica, the Bitcoin Jungle team has one solution to holds the value in fiat (stablesats from Blink) and then also has a direct integration with Sinpe (like Venmo) via Bull Bitcoin.
You may be surprised if you ask some of your local contractors or farmers market vendors if they would accept Bitcoin. Don't put them on the spot, but say how about I call or come back next week and pay in Bitcoin. They may try because it is either that or no payment.
Yeah I pay my gutter guy in btc
In a nutshell that’s what it is. Picking political sides, hoarding their SATs instead of trying to make a circular economy, name calling and BTC stash measuring contests.
No drama in my world. I think most get sucked into the drama on X. I opened it for the first time in forever and was shocked at all the conspiracy theories and so much happening that I wasn't even aware of. The world is actually calm.
the Canadian Bitcoin scene on the other hand is pure 🔥
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America is a big place compared to the UK. Peering in how? Online or in person? If IRL where?
very much so, congrats to ones who were smart to take profits and put into bitcoin because of it.