this is a huge problem with bitcoin accepting businesses.
Noone pays in bitcoin and the process is forgotten or buried
Discussion
Like nostr:npub1m0sxqk5uwvtjhtt4yw3j0v3k6402fd35aq8832gp8kmer78atvkq9vgcru says: we need more spenders, not more merchants 😞
Promotion toward Bitcoiners might be part of the solution too.
happy to spend it and I will spend it at Frying Fish Club and Chit Hole up in Chiang Mai when I'm down there.
For me now as a new Bangkokian its savings technology and when I'm close to a nostr:nprofile1qqsyrvjea22crqy0y29w7lgk02w4d0gkusv7upqx7tjek02nftg0chqpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3samnwvaz7tmhv4kxxmmdv5hxummnw3ezuamfdejswgs47t branch.
And if I can make the trek to Ko Kret, Chitbeer up there.
Potential solutions:
Tail emissions.
Stablecoins on LN.
Disengage off the BTC/Fiat 🎪
Offer discounts/cashback on Bitcoin payments.
Hodl only, fuck the merchants.
Better privacy in overall
👍?👎?
What else?
Maybe try to orange pill a regular customer along with the business so they have someone to keep the practice regular. Maybe a subsidy program for people to act as regular / consistent customers?
yeah spike their food/drink with LSD maybe.
it did orange pill me August 2011
If you mainly earn in fiat, using Bitcoin for large purchases after paying exchange fees might not be the most financially sound decision.
Businesses should simply evaluate the advantages of accepting Bitcoin. If it makes sense for them, they should actively promote it and offer incentives like discounts, e.g. highlighting the elimination of credit card fees.
thats just pure cope. just stack harder. if you can't spend it, you just save more.
Not a bad thing
Merchant adoption only works if there is a critical amount of patrons paying with bitcoin regularly. "Critical" being like one guy a week, and it doesn't even matter if it's the same guy every time.