I've been saying this since 2013, after I started the first bitcoin merchant directory. Even way back then I could scrape tens of thousands of businesses' info off the web that claimed to accept bitcoin, but I simply didn't have any shoppers visit that directory. Total ghost town.
It finally dawned on me that phase 1 of adoption (Store of Value) needs to be widespread before phase 2 (Method of Exchange) can begin in earnest.
LukeParker / luke
npub12u…f8pyh
2024-10-13 21:23:51
in reply to nevent1q…r3cp
Author Public Key
npub12u423pq5c6c5gvyzlekk5u9s5ksnyd27yemuvu3l9gpqpcnx545s6f8pyhPublished at
2024-10-13 21:23:51Event JSON
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"pubkey": "572aa88414c6b1443082fe6d6a70b0a5a132355e2677c6723f2a0200e266a569",
"created_at": 1728854631,
"kind": 1,
"tags": [
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"root"
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[
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"content": "I've been saying this since 2013, after I started the first bitcoin merchant directory. Even way back then I could scrape tens of thousands of businesses' info off the web that claimed to accept bitcoin, but I simply didn't have any shoppers visit that directory. Total ghost town.\n\nIt finally dawned on me that phase 1 of adoption (Store of Value) needs to be widespread before phase 2 (Method of Exchange) can begin in earnest.",
"sig": "9c5889b255e8cf8f5e0d15d88cdb8e887e53a32a44dad6e57aa24a254d2a0ac3befeda266ad39169ced4e23e8623c2da210e56fb82eb9d92e8c7ddc2a26672b5"
}