Replying to Avatar calle

You simply don't know how good PlebQR is. I've been basically living on Bitcoin for the past couple of weeks and purchasing food, drinks, clothes, tickets with the sats I earn by shitposting on Nostr.

PlebQR is an unstoppable peer-to-peer Bitcoin to fiat on and off-ramp. Every Bitcoiner deserves to have this. Read on and maybe it'll inspire you to create something similar for your region too.

In Thailand, like in many other places in the world, especially in Asia, the most common digital payment methods aren't credit cards, they're QR codes. All sorts of QR codes from many different fiat payment providers. Shitty ones, good ones, it doesn't matter. As long as it's a QR code, it'll work for us.

Here's where PlebQR comes in. PlebQR is what I would call a Let-me-pay-for-you app. It matches you, the person who wants to pay for a drink with Bitcoin, with a random stranger on the internet who wants your Bitcoin and pay your fiat QR bill in return!

The UX is straightforward: You scan the QR code at the store, pay a Lightning invoice, and wait for the payment. No sign up needed and with incredible privacy.

It works best when you're not in a hurry and when there isn't a line of people waiting behind you. Those cases are surprisingly common, think restaurant bill, or at the flea market. Right now, it usually takes a minute or two for the payment to clear but it'll get faster as more people use it.

The best part though isn't that it just enables Bitcoin payments for basically everything and everywhere. It's that it represents a different, more natural form of decentralized trading that can't be stopped, and that isn't about buying and selling Bitcoin, but about spending it.

I wish you could try it out some time.

Pure magic Internet money ✨

Curious how usable this would be just doing currency exchange from a credit card outside of Thailand. Most are happy to do the exchange for a small fee -- often smaller than the spread on existing p2p methods.

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Ahh looks like they have a 500 THB limit with the intention of NOT turning this into a siphon to remove Bitcoin from the country to foreigners.

That actually makes a lot of sense. Guess I'll just hope this turns into something we copy over here in the US. Toasttab (a restaurant tablet POS) sure uses QR codes for payment in a lot of restaurants and the time around when those are paid sure does seem to match up with the time expectations here, given that there is always going to be more of a delay than paying the code yourself rather than waiting for someone online to do it.

Sadly I am realizing that most restaurants I go to actually don't turn this feature on, and instead just process cards at the table. Presumably to feel more "personable."

Still, some do print the QR codes on the bill, and presumably we wouldn't need a TON for a proof of concept.

5000THB