Short panel on merchant adoption.

Hipster burgers here in Manchester takes bitcoin. The owner says people are generally more curious than dismissive.

Gresham's law implies that people spend their worst money first. They want rid of it. When you give merchants your bank money you give them the worst money. Be kinder to merchants!

Ben from lnbits, the first merchant point of sales lightning devices, says merchants are interested because they want to have a broad portfolio. Accepting bitcoin is the easiest way to get it, without "know your customers" banking rules.

#bitfest #bitcoin

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Discussion

Is this recorded anywhere per chance? I go to hipster burgers if he’s open when I’m in town, mentioned the conference to me beforehand but I was on-call so couldn’t come 😞

Dunno. At least some were recording but the fest doesn't seem to have an active youtube or anything. Maybe that comes after the first conference though I guess. Not much to show on it till then.