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humblepardon
f818f9134e5b573d17c07de52a5e1876035aa87a02c8b15b1ee46af12a0bcf95

Unpopular opinion: the web of trust talking point for nostr mostly only matters for "nostr influencers" (would be happy to be convinced otherwise though)

Study Bitcoin nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4 #bitcoin

Replying to Avatar Crizzo

I used to be able to pay this online retailer in Bitcoin. If I remember correctly they used Coingate to process crypto transactions. Last week I went to make a purchase and found they had removed crypto as an option so I contacted them and told them I was disappointed I couldn't pay with Bitcoin anymore. This is the response I got:

> Hello Crizzo

> Thank you for reaching out to us, and I apologize for any inconvenience caused by the removal of the Bitcoin payment option. We understand your disappointment, and I'd like to provide some context.

> Back in 2014, we were excited about the possibilities of cyptocurrencies, including Bitcoin. At that time, we became one of the first major payments companies to support Bitcoin payments Our hope was that Bitcoin could serve as a decentralized substrate for online transactions, especially in regions with limited credit card penetration or high credit card fees.

> However, over the years, Bitcoin has evolved. Transaction confirmation times have increased, leading to higher failure rates for fiat-denominated transactions. Additionally, fees have risen significantly, making regular Bitcoin transactions as expensive as bank wires. As a result, the desire from our customers to accept Bitcoin has decreased, and revenues from Bitcoin transactions have declined.

> Given these challenges, we made the difficult decision to wind down support for Bitcoin payments. Despite this, we remain optimistic about cryptocurrencies overall. We continue to explore the crypto space

>If you have any further questions or need assistance with alternative payment methods, please don't hesitate to reach out. We appreciate your understanding and look forward to serving you in other ways.

> Kind regards

> Mike

This is from affect3D.com which is a store that sells 3D animated porn. I think he may be referring to the content creators that sell stuff in the store as the "customers" that don't want to accept Bitcoin, not the people who buy the content.

Anyway it's disappointing. #Bitcoin still has a long way to go before it can be used transactionally it seems. It's still the best SoV to ever exist at least.

That's weird because lots of retailers are currently accepting bitcoin and it works better than credit cards

They already banned U.S. residents just like zkSNACKS, so I don't get the point

Monero is certainly a useful tool, but how does it address the same scaling issues we have with bitcoin? We can't cram every coffee purchase on the Monero blockchain so we'd need layers there too.

What the hell? Ginger Wallet already rug pulled U.S. residents, cannot even use their coordinator. What is the point of this project exactly?

https://gingerwallet.io/

Is Wasabi wallet able to use coinjoin coordinators that are themselves hidden onion services?

Anybody tried this Ginger Wallet yet? Thanks nostr:npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6mak for the link from https://www.therage.co/custom-coordinator-coordination-we-are-so-back/

https://gingerwallet.io

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4 #bitcoin

Bus stop orange pill nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4 #bitcoin

Just checked and it still hasn't been removed a week later. ๐Ÿ˜ Hopefully orange pilled a few shoppers.

Apparently Primal resets all your custom settings if you update the app, which is kind of annoying nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg