DarthCoin on Nostr: No, what I am saying is that they should sell to merchants, solutions to use Bitcoin, ...
No, what I am saying is that they should sell to merchants, solutions to use Bitcoin, not visa cards. To help them accepting bitcoin and not visa / fiat.
I really do not see how that company is "extremely valuable" for bitcoiners when they push the use of fiat and not bitcoin. The fact that you buy "fiat credits" with sats it doesn't mean the merchant is taking the sats. But the way around, you are literally proliferate the creation of more fake money (fiat). Those tokens on a visa card DO NOT EXIST, are just new IOUs.
Using a VISA card IS NOT "living on bitcoin". You are just going back to fiat, you are not creating a bitcoin circular economy.
Published at
2024-06-17 13:14:35Event JSON
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"content": "No, what I am saying is that they should sell to merchants, solutions to use Bitcoin, not visa cards. To help them accepting bitcoin and not visa / fiat.\n\nI really do not see how that company is \"extremely valuable\" for bitcoiners when they push the use of fiat and not bitcoin. The fact that you buy \"fiat credits\" with sats it doesn't mean the merchant is taking the sats. But the way around, you are literally proliferate the creation of more fake money (fiat). Those tokens on a visa card DO NOT EXIST, are just new IOUs.\n\nUsing a VISA card IS NOT \"living on bitcoin\". You are just going back to fiat, you are not creating a bitcoin circular economy.",
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