How useful would it be in terms of local community resiliency to encourage local businesses to take BTC?
Discussion
Very
Very useful. Convincing local communities to accept BTC as a payment method could potentially assist in reducing reliance state-owned goods and services.
Very useful. We need to have #Bitcoin as a medium of exchange if we are to achieve a society free of monetary repression.
Plus, this accelerates information spreading and adoption.
I’d encourage you to listen to nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe about Bitcoin. There’s plenty of content available on YT.
We need more Dr accepting Bitcoin as payment.
Yuge
Significant operational cost reduction
Fees on Credit/debit cards
Very
Very useful so when you are convincing them tell them about btcmap.org what businesses don't appreciate being more visible to customers?
VERY USEFUL
Well having them accept BTC as a form of payment and then adopting a Bitcoin reserve strategy are very different. Both are helpful though.
realistically adoption will occur first in the places it is most needed, then other areas will follow as the network effect makes it more attractive
For US businesses not considered “high-risk” by banks, the primary benefit for merchants is avoiding credit card fees and chargebacks, but this is somewhat to the disadvantage of most consumers who buy on credit and rely on chargebacks as a form of consumer protection
A parallel economy has already been established, but it's difficult to get ppl to use it, for the most part because they don't understand BTC. I have started a small home business, and I will only be accepting BTC by way of lightning. This is the way we should all endeavor.
BTC or Monero at local businesses would greatly improve things, as the USD isn't used. If done correctly, they don't even have to pay any taxes in a local economy.
No taxes, lol
Not true, honestly. The taxes are due, and they need to be part of the equation from the very start, otherwise the government will come by and claim the entire wallet.
If you've got the influence, use it :)
I don't waste my most scarce resource on something like that. The evils of this world do a darn good job of promoting Bitcoin for us. They'll find it when they need it and will pay the price they deserve.
More importantly, is for local entrepreneurs, businesses and communities to stack BTC (sats). It can include accepting it, but it can also be done through trading (sometimes more simple).
From my experience accepting bitcoin payments as a small local business, it is pretty challenging (not from a technical point of view, that is pretty simple now). I now think it needs to be a community effort to draw the necessary attention. This helps to reduce the necessary marketing expenses, per business, through a shared effort. In larger cities, it may be easier, as the likelyhood of bitcoiners being around increases.
Some more rural communities have had success by getting a community together and creating a circular economy and attracting tourism. I went to nostr:npub14f26g7dddy6dpltc70da3pg4e5w2p4apzzqjuugnsr2ema6e3y6s2xv7lu (Uvita, Costa Rica) and they've done a pretty great job getting it all started there. Bitcoin Beach (El Zonte, El Salvador) is another. There is probably a lot to learn from them and others.
What’s better than buying the healthiest local food peer-to-peer with peer-to-peer money?
Like nostr:npub1rznlzpg529u8j39a8qe7tapsygd54qp5qyr5jyue7whwpw79rsjqmzr4ly, onboard your local farmer and rancher to accept #bitcoin
Then, why not continue and onboard your local gym or martial arts center?
note1mnlh7j4d4sxpqt0vef8v0636jy5rjlaxjl24e9rz4ly70avsftvsh9cslq
Awesome. Yes. Local farmers. Nice work.
It would be useful to me, but I 've been trying to get businsses to accept bitcoin for 10 years. I've only had like 3 people say yes.
There are tools that make it easy nowadays like the Strike plugin on BTCpayServer and Nostr Wallet Connect on Coinos.
Coinos is the easier option, but businesses that really want fiat can use the Strike Plugin to automatically convert the sats to USD(but I don't recommend this).
I’m sure you’re aware of the answer. Yes.
Through experience of living in El Salvador. In Berlin in particular. Yes. It does make a difference to our life.
The challenging part is finding enough people generally to take part. Many talk game. Few actually play.
And I’m calling out both sides of the transactions. More people need to take action on what they say they want to see in the world.
The state of Louisiana started accepting Bitcoin, Lightning and USDC. But what they're doing is using a third party provider to translate that capital directly into US Dollars to "protect the taxpayer from volatility". It's stupid, and it's insulting.
I think it would be great to have local businesses accept BTC, but unless and until they are willing to take the BTC and actually use it to pay their vendors, their utilities and their employees, it's just a useless gesture. So I believe things like this have their place in areas of the world where the local currency has already collapsed, but not really appropriate within the US where we have the strongest fiat currency. We all know how things will go eventually, but I honestly think having people in the US just using it as a store of value while the Federal Reserve finishes their work to destroy our monetary foundation is the best course of action.
It is very important. I would love to spend my sats to my butcher or something similar. It's called the circular economy.
#mobilize #communityorganize #btc #bitcoin #circulareconomy
nostr:note1cjcrj9hemdrk9hag806lyu38x56jjxal8s6a7ad9mejrcnm7nz2s6l2u6e
It is. It can have a positive reinforcing effect on local enterpreneurs/farmers/businesses and bitcoiners.
That is why, we are working on it to make this happen in Germany.
#germany #circulareconomy
Useful? it's needed!
Nice sentiment, but unlikely, and no one wants to wait for the computer. Silver coins is a better idea.
Extremely useful! This has been a longtime desire for bitcoiners (we're talking back to 2011!)
But in the meantime, you can always purchase gift cards on reputable coin exchanges to pay btc to pay for things from major retailers and paying bills.