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