In United States, I don't see me using my Bitcoin on a day to day when Im out and about. Everywhere I go, nobody cares for bitcoin. Cash or debit cards everywhere. Stop lying you might buy coffee where you live but thats it. Thats not adoption. I don't see the United States accepting Bitcoin at family dolla or Walmart or Wendy's, or McDonald's or the Pizza shop, I just don't see it.
Discussion
Just like no one's ever gonna email anybody, right?
Ahhhh. But email is literally tracked. Bitcoin can or cant be tracked depending on how smart you are. It make you self sovereign. Email doesn't make you self sovereign. Bitcoin enriches you email does not. Im 41. I see it when im 60
Gift cards using the The Bitcoin Company app is the only reliable way to spend Bitcoin at a retail establishment
Yeah, but that's not spending Bitcoin At the store. I was doing this but stopped. Because ya might as well take out a loan and sit on that and chill
Be the change in the world you want to see.
No square merchants in your hood..?
Actually, the Bodega that I go to I think their terminal is a square terminal. I'm gonna ask the dude.
Gradually then suddenly…
https://block.xyz/inside/block-to-roll-out-bitcoin-payments-on-square
Your situation will predicate your use case for Bitcoin.
- If you have $USD as your currency your need for store of value is less than if you were in a country with a weaker currency.
- If you have a bank account then you don't need $BTC to keep your money safe and not hidden in your house as cash or converted to physical goods to barter with later.
- If you have family in the same country as you don't need $BTC to transfer across borders.
- If you want to stay in your country and are not worried about fleeing or having your wealth confiscated then you don't need $BTC to avoid confiscation.
- If you don't have to worry about political or religious persecution for how you use your money then you don't need $BTC to provide anonymity.
- If you live in a safe, democratic society with strong property rights and rule of law then $BTC might just seem to be a store of value but this is why it is our responsibility to keep pushing forward. Incorporating $BTC into the U.S. financial system is a trojan horse attack. I wish that more of the "least of these" would have had found $BTC before this point to benefit from the NGU but it doesn't change the fact that at its core it is decentralized P2P money. There is an incentive for businesses to begin to accept $BTC payments. Businesses don't want to absorb the credit card fees but if they don't then they lose convenience for their customers. $BTC saves businesses money. That alone will be enough to get them to accept $BTC payments. Once they do that I wouldn't be surprised to see a discount for "Cash and $BTC" payments versus credit card. Don't be discouraged, living in the U.S. is a sedative for being able to truly see what Bitcoin is to most the world.
USD backed by Bitcoin reserves might be the future of Bitcoin + Lightning for international payments woth instant settlements