Global Feed Post Login
Replying to Avatar Flix

How do we create a Bitcoin circular economy?

I'd like to see millions of people earning and spending in Bitcoin.

It's quite easy to spend Bitcoin now. Online there's a million places to spend Bitcoin.

Earning Bitcoin continues to be a struggle. Nostr, Fountain, Zebedee, THNDR games and others now allow you to earn a few 100 sats with ease... but earning enough to buy a coffee every day (~3000 sats) is still difficult.

I've often thought that if Uber or Airbnb started to pay drivers, owners in Bitcoin that would immediately allow millions of people to earn sats... but these big corporations are way too slow.

Praia Bitcoin in Brazil or Bitcoin Ekasi in South Africa have managed to build circular economies... but they rely on donations and that is not scalable.

We need a sustainable business model that allows millions of people to #earn sats!

ed
ede3d957... 2y ago

#Bitcoin will be a privacy nightmare, if it ever gets adopted in the real economy. It's an almost perfect inflation hedge and store of value, but you won't get me to promote anything but #Monero for payments in a circular economy.

Reply to this note

Please Login to reply.

Discussion

No replies yet.