Americans are much poorer than we think, and official statistics don’t reflect that. Here are some easy to comprehend calculations that paint a dire picture:
Today, I made my first Ebay account to buy a vintage clock from across the country. Within fifteen minutes, my account was first restricted, then temporarily suspended, and while I was on the phone with customer support (they’re surprisingly easy to reach), my account was permanently suspended. I called again, and they said that I’m banned from Ebay for life. I never even mentioned the word Bitcoin, just for the record. Lmao.
The Square/Cash App combo is an incredible fire starter for the Lightning Network. Four million potential merchants means other apps might also integrate it for their users. 60 million potential users might make it attractive for other payment processors to also adopt it.
Imagine, there are privacy advocates out there who prefer using credit cards because Bitcoin “isn’t perfect.” They take themselves seriously when they shouldn’t.