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Replying to Avatar Derek Ross

i don't need a discount to spend bitcoin. i spend bitcoin as often as i can. why? i believe that im helping to facilitate the revolution that we so often speak about by actively using bitcoin. if i tell the world that bitcoin is better money and then don't use it, i would be a hypocrite.

if you're afraid of spending your bitcoin because you want to HODL, then there is an extremely easy fix for this. it's called 'spend and replace'.

if you were going to spend cash for an item, but the vendor accepts bitcoin, spend the bitcoin, and then immediately use the cash you were going to spend to buy back the sats that you just spent. easy.

nostr:note1srtfug5lsqde2tjntt7nn8th7yppy3pp44eravqplnncx9zlz50sgul55f

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Gustavo 2mo ago

I wonder when the first wallet/service will automate this spend and replace maneuver

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Derek Ross 2mo ago

that's not a bad idea. i could see nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 or nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l implementing this. it could be as simple as viewing a transaction and having a button that a user taps to initiate it.

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Gustavo 2mo ago

If the net result is still less fees for both the merchant and consumer refilling Bitty, I'm sold big time

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