Jamie Dimon wants to ban #bitcoin…meanwhile, we are out here living on a bitcoin circular economy.
Just a friendly reminder that bitcoin is permission-less.
And like he says the only people who use BTC are criminals, drug addicts, you name it. Mhmm. https://video.nostr.build/83777e6277a6a681c6c9af0b947dcdb78fc72d838897119529e7d4c81c468a4b.mp4
What’s the fee charged?
What wallet do they use there?
What % of their purchases are BTC vs cash vs credit card?
Well apparently only 3.1% of the population has credit cards so probably they don't even have a card reader:
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/peru-forces-bank-accounts-onto-millions-a-potential-financial-inclusion-boon-60231754
She used "wallet of satoshi" which is a banking payment app for Bitcoin based in Australia and not a self custodial wallet (I have several suggestions for self custodial lightning wallets if you're interested)
and yeah I can't answer what the fee charged was. It wasn't in the video but its usually less than what a credit card company would charge for sure (obviously exceptions exist for if you have a lightning channel partner with the worst person in the world, but you would have to be trying to make it bad)
I also can't answer how many cash vs Bitcoin payments they get, but its likely its mostly cash with the only exception to cash payments being Bitcoin.
"You can't ban Bitcoin"
No but they CAN ban your custodian. Come on man use a big boi wallet
My brother lived in Peru for a while. His wife is Peruvian. We're redneck Cubans. I think Peru has some of the best cuisine. Except maybe for Cuy. It may be good but I'm not gonna try it until I need to.
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