Oddbean new post about login | logout Are you promoting using VISA now? https://i.postimg.cc/ZYC2QSFC/btc-visa.png By using those visa cards you literally support fiat rails not bitcoin...
Darthcoin, do you think people will use companies like Visa to transact Bitcoin at some point?
Are there better ways to pay for utilities or a beer in bit coin?
sure. normal lightning tx. Via offline NFC cards (like eg by bold). Via bills (like eg icynote) or opendime. Via ecash. Via liquid. etc...
Your utility provider accepts these? Isn't bold kyc?
I believe so. Never used them with bold's app. But you can setup these cards on your own ln node. Completly uncustodial. Lnbits has many features suporting it. You can also get these cards from the company: plebtag. They even have glowing laser eyes (LED's charged by NFC).
You're saying your utility provider accepts bitcoin then? Or they convert to usd?
The store accepts Bitcoin. What they convert it to is their business - Idc.
What store? If you're arguing that using bitcoin to pay your utility provider is easy because you have 1 of the few whole do, that isn't actually advice it's luck that you're in a jurisdiction that does it.
Supporting stores that accept Bitcoin is the relevant point. https://btcmap.org/map#3/0.00000/0.00000
Examples how to do it directly using Bitcoin wallets https://darthcoin.substack.com/p/bitcoin-lightning-irl-examples and how to pay utilities with bitcoin https://darth-coin.github.io/beginner/pay-with-bitcoin-en.html
No I’m promoting the @thebtcco
Is a real shame for a bitcoin company that sells fiat visa products and push merchants to accept fiat instead of bitcoin. I think you do not realize what a fucked up situation is that... we want bitcoin adoption by pushing visa/fiat use? FIAT DELENDA EST
To each is own. Talk to the @thebtcco. I’m a customer they are the owners. They provide a service I like and I will continue to use
Yea, let's just hodl since 99% of merchants around me don't accept it directly yet. That'll be great for getting the circular economy going. /s I'm not sorry. This is a dog water take. nostr:nevent1qqswmf5mnnatq62eavqymvxcvstqtpadu5gc6qc3uzy26kzaw4pqdcgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8e4jctqdxycythaxzlz33e7vt77rldaem90srqk9rwu7gqyschaspsgqqqqqqsa0h3ml
😆 VISA is the largest payment network in the world: • "promoting" them or not will make exactly zero difference. • Are you saying you don't have a debit or credit card? • It's about dropping the *dollar,* not VISA. VISA doesn't counterfeit entire countries worth of money every month, they just do bank cards and retail payments.
No. I do not have any visa card anymore. From 2018 I live only using Bitcoin. How are you "dropping" the dollar when you go with a visa card to pay? visa is using only fake dollars IOUs. Going to a merchant to pay with a visa card you are LITERALLY supporting fiat. Shame to see this from you Guy... defending the use of fiat instead of promoting the use of bitcoin.
No. I do not have any visa card anymore. From 2018 I live only using Bitcoin. How are you "dropping" the dollar when you go with a visa card to pay? visa is using only fake dollars IOUs. Going to a merchant to pay with a visa card you are LITERALLY supporting fiat. Shame to see this from you Guy... defending the use of fiat instead of promoting the use of bitcoin.
No. I do not have any visa card anymore. From 2018 I live only using Bitcoin. How are you "dropping" the dollar when you go with a visa card to pay? visa is using only fake dollars IOUs. Going to a merchant to pay with a visa card you are LITERALLY supporting fiat. Shame to see this from you Guy... defending the use of fiat instead of promoting the use of bitcoin.
Damn poser
Watch and learn what really is to build a Bitcoin circular economy and never ever go back to fiat in any form https://youtu.be/GquPdAFQ40U Seems that Guy Swan went away from bitcoin principles...
Watch and learn why we need to drop fiat in any shape or form, including those visa cards... https://www.youtube.com/watch?v=2nCzzgEwC7s I was expecting this comment from anybody else but not from you Guy Swan...
TTPsaSH
😲 Didn't expect this take from Guy Swann either. Dropping the dollar might be the first step, but it's not the end game. You cannot become free if you insist on using their private payment networks instead of the bitcoin/lightning network. I do have a debit and credit card and bank account but I'm not exactly proud of it. We should aim towards a world where we can use bitcoin everywhere, and we don't depend on their networks/systems. Using TBC prepaid visa is a crutch, not the goal. Those in power can take non-KYC prepaid cards away if they want to. Let's not lose sight of that.
This is what people don’t get. Visa is a company motivated by profit. Visa could plug bitcoin into their network and overnight make accepting bitcoin for payments trivial. If they don’t they could possibly die. Anyone with a brain can see the lightning network is far superior to their current network. Visa took decades to get where they are today.
Thanks Swann! Glad someone has some sanity in this foolish purity test. Visa using fiat dollars to move value today in 2040 it can be sats. It’s just a network. Clearly people haven’t done their homework on how visa came to power. Listen to this: https://fountain.fm/clip/H5KxZ9Hc8ULULAYySob3 If you got 3 hours to kill: https://fountain.fm/episode/vxY9eBOLOYOZcajqbeos You will learn how visa used the Olympics to push merchant adoption. Then boom an explosion to make payments more convenient but to this day merchants still hate cards.
