Replying to Avatar Soak Quest

“I’ll only pay in Bitcoin if there’s a discount.”

We hear this a lot.

But if someone needs ten percent off to spend Bitcoin, they’re not your best customer. You don’t need to bow to that.

Your best customers want you to succeed so they can keep coming back.

They’re aligned with The Mission:

Make Bitcoin the money.

This isn’t about telling anyone how to spend.

Pay with dollars. Pay with Bitcoin. Follow your incentives.

But let’s flip the idea that you need to offer a discount to drive Bitcoin sales.

You don’t.

Truly aligned Bitcoiners are looking for ways to grow the Bitcoin pie while still getting the products they want.

If supporting a Bitcoin business helps normalize Bitcoin as a medium of exchange, that helps everyone.

Some people only stack.

Some spend and replace.

Some just spend.

All of that is fine.

What matters is that when they do spend, they want that transaction to build something.

For many, this might be their first real-world Bitcoin purchase.

Or maybe they want to show a skeptical friend that yes, you really can buy things with Bitcoin.

When you accept Bitcoin, you're doing more than taking payment.

You're validating the experience.

You're giving people a reason to keep using the best money we've ever had.

At first it feels novel.

Then it becomes second nature.

Eventually it becomes the default.

You don’t need to offer a discount to meet your customers.

You just need to offer value and stay aligned.

That is how the Bitcoin circular economy wins.

Needing to discount to get someone to pay in Bitcoin is a myth when you zoom out

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Discussion

I've always wondered why there is a discount. I appreciate it, of course, but I'd never demand it. Seems odd.

It's people acting in theory, not reality.

When you’re buying back what SATS you spend you pay a premium, in tax fees, 5 to 10% from exchanges, additional if mixing.

Tx fees not tax

Those numbers seem extreme, but whatever they are people are willing to do it

I only pay taxes on profit, and I don't spend anywhere close to that on exchanges. 1% max I think. Usually lower. Fiat card processing fees are more than that. I can see that if fees on chain are high, but I usually use Lightning anyway. Not everyone is the same as me though. I hear that.