Avatar
max
7b5a72b7f85149ffc87b3a22e408b0f29001796bb2c8ee25d03c93f0455fea8b
Self-sovereignty, self-sufficiency, No-KYC #bitcoin. Contribute to your local P2P economy

I’m a gringo bitcoiner who visited Jericoacoara earlier this year. I found that several stores had a bitcoin sticker on their window or a « bitcoin accepted here » on their cash register, however none of them proactively asked how I wanted to pay in réais or sats, it was always in reais. In all honesty, the factor that stopped me from myself asking if I could pay in bitcoin was simply opsec. As a gringo in Brazil, i am already obvious enough to be targeted by thieves without disclosing loudly to the whole store that I hold bitcoin. Imo, an improvement would be for stores to automatically display a generic QR code of a sats invoice to pay without exposing myself.

Another way bitcoin helps the environment is through questioning the mindless consumerism culture.

Do I really want that thing or could I stack more sats instead?

Tried zapping my own post to see what would happen and the sats were sent to nostr:npub18lzls4f6h46n43revlzvg6x06z8geww7uudhncfdttdtypduqnfsagugm3. How can different users have the same primal.net lightning address??

Am I correct in understanding that the bitcoin price is dictated by the exchanges, and that OTC/ P2P trades do not influence the market price?

Does this explain why institutions buying is not impacting price?

Is anyone able to explain the in-app sats purchase in Primal?

1. Who is the sats provider?

2. Since the purchase is made through the App Store, does that link my Apple account to my nostr account?