Some great stuff being talked about. The future is bright (short term not so much)..
I took a sneak peak before start of the work, but I think I’ll watch it next day if there’s a recorded livestream somewhere, kinda busy.
The news about Strike is incredible. It's going to make a lot of sense for retailers to get people to pay with BTC. The 3-5% they pay in card tx fees, means more revenue stays with them. Exciting times..
I guess the question is why would it makes sense for a consumer to pay in BTC? Could result in you overpaying for a product or service
With Lightning network so settlement is instant which means no difference in price I believe
So hypothetically, I buy a Tesla with BTC valued at today’s price.. but then 2 years later the value of BTC doubles. The value of my Tesla didn’t double tho. So if I were to sell my car (which I know is already depreciable) i would get far less value than the BTC I had used to purchase it
Yeah definitely. Certainly would prefer not selling BTC since USD goes down BTC goes up 😉 A fun workaround would be to get a loan of USD with your BTC as collateral and then you get the Tesla and keep the BTC 😏
Yea and it's not like BTC can be used as an oracle to tokenize all the data you are generating with the Tesla so you can monetize it in a decentralized data exchange or anything like that..so can't even re-coop value that way either
for sure, but if it's a cup of coffee who cares, right
Who cares if it’s two boxes of pizza
lol 10 years ago, sure, I'm just saying there's use-cases for it
I get the convenience aspect, but why use your sweet precious satoshis when you could just use Apple Pay lol
yeah I agree but I think they're developing it for 10+ years in the future when BTC is more stable
Because of time, you ought to spend some of your money before your time runs out. 🤷♂️
It’s all about legacy for me
For most people, it’s not. Far too many people make bad financial decisions everyday 😂
Lol well my crypto portfolio will show that I’m not perfect 😅
We all fall from grace 😉
Yeah that's a fair question, especially right now since it's still volatile and in an early stage with a lot of room to grow. I suppose that companies can offer some kinds of perks or benefits when using BTC, since it saves them 3-5% in fees. I wouldn't use BTC to make a major purchase, like a car or house. But if it's just a few dollars, then I just take the cash I would have spent and buy back the BTC. It should help in time when the price becomes much more stable.
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