Soon the merchant will ask: can you please pay in bitcoin!

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I just think merchants need to play by the gov rules and will accept stable sats in euros or usd to pay expenses then take net profits off balance sheet in Bitcoin.

Consumers will drive this and merchants might end up making it circular.

Yes that’s probably how it plays out, but when merchants really figures out Bitcoin I think they are going to go a long way to be able to use it!