The reason my Bitcoin businesses will never support stablecoins, despite huge profit potential...
Is not because I hate money
I just hate **their** money
Discussion
it's not money
Are stables any worse than fiat in your mind?
And what’s the huge profit potential, wider total addressable market?
Normies are much more comfortable with fiat than Bitcoin for now
I somewhat struggle to see the case where a business could accept stablecoins but couldn't just have a regular fiat payment system...
Which just reflects the idea that "blockchain not bitcoin" winds up simply reinventing credit cards.
Thats too bad. Becauee in the short run the exchange rate of THEIR money is less volitile/ more stable than OUR money.
Still waiting on a pos system that accepts all crypto and allows merchant to quote & autoconvert to sats/ stable