PayPerQ's avatar
PayPerQ payperq@nostr.lol 2 weeks ago
It's almost as if maintaining 100% ideological purity is a terrible business decision, and followingly, a terrible decision for spurring on further Bitcoin adoption. PayPerQ: - Hold a BTC treasury - Accepted 1/3rd of its investment in BTC. - Pays salaries in BTC - Offers a discount when paying via Lightning - Sells all altcoins accepted to pay bills, holds onto as much BTC as possible. - Runs its own lightning node - Is paid by two of its gift card partners in BTC - Serves as its own sovereign merchant via BTCPayServer - Sends out creator payments via the lightning network. - Regularly pushes forward various new lightning tech and discussion. - Earns BTC interest on cash reserves via River.com. I'm being honest when I say that if PPQ was "Bitcoin only" in its full form, we would no longer be in business. Competitors accepting stables and altcoins would have swallowed us up by now. Be "Bitcoin-first" like us, don't be "Bitcoin-suicidal" like Darthcoin! P.S. I very much respect the work that you've done over the years. I have personally benefited from your educational materials! View quoted note →
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Replies (23)

Jay's avatar
Jay _@wisehodl.dev 2 weeks ago
I like businesses talking every currency under the sun. Because it's prudent. If stablecoins actually take off, I'd use them like I still use dollars. Heck maybe I actually would use Alby stablecoins now that I'm talking myself into it 🤔🤔🤔 Being ready to spend in whatever currency will facilitate a transaction is, after all, prudent.
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npub1ah3a...l76e 2 weeks ago
They started as a Bitcoin only business licking maxi boots pretending to be in it for the right reasons. Instead of accepting other good crypto projects as Bitcoin maximalism told them they are now defaulting on all principals. Using fiat is like paying taxes. It's strengthening your enemy while your are pretending to fight it. Tell me what is wrong about Monero, Litecoin, Bcash,...? They are honest projects that can be used for low cost private transactions where BTC failed to become a MoE of global recognition. So maxis are now ignoring other cryptos that would actually contribute to making the transition to a multi currency world out if the control of states and again use the oppressors money. Any serious business needs a a strategy to scale out of fiat not the other way around.
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PayPerQ's avatar
PayPerQ payperq@nostr.lol 2 weeks ago
Well, yes I did want engagement for this post, but moreso I actually believe in what I'm saying and think that this discussion is a valuable one that needs to happen. I would encourage you to continually keep re-evaluating your theses on Bitcoin.
Christoph Ono's avatar
Christoph Ono gbks@nosta.me 2 weeks ago
Not sure why anyone listens to that person, they are just being super rude all the time. Good thing mute buttons exist.
PayPerQ's avatar
PayPerQ payperq@nostr.lol 2 weeks ago
We started with lighting only because that is where our hearts are and adding extra PM's is hard. I did data and analysis at Bitrefill for years and understood that we would eventually be adding in other PM's. Adding in other PM's is not "capitulation" or our vision. I do think and have always thought that there is value in other projects like XMR, LTC, and others. I wrote this thread and understand that cryptos aside from BTC are delivering value more than most others know or understand. Read it in its entirerity if you want to understand my thoughts:
X (formerly Twitter)
Matt Ahlborg (@MattAhlborg) on X
1/ @Bitrefill believes it’s the largest commerce platform in crypto. As such, I wanted to share some deep thoughts on payment method (PM) popular...
 I have many other tweets in my history where I talk about how other cryptos aside from Bitcoin provide value all around the world. I just feel that it's all gonna end up in BTC eventually.
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ihsotas 2 weeks ago
For better or worse(better for you worse for my wallet) I’m spending Bitcoin regularly for the first time in my life to feed my bots addiction. Thanks for making a private way to access top models. I agree with you Bitcoin first is the way. No point in having good business models go bad because you are too early to the hyperbitcoinization play. Keep it up!
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npub1ah3a...l76e 2 weeks ago
Adding other cryptocurrencies is a smart thing. You only need to define what's going tobbe your final settlement and your hedge. It's Austrian economics 101 = currency competition. The thing is stablecoins are not other cryptos with tradeoffs (excluding the obvious scams). They are not even money. Social credit with the sole purpose of refinancing the empire. That's where the defeat happens. Could as well use PayPal or Venmo then. At least you can sue a company if anything goes wrong.
Stirling Forge's avatar
Stirling Forge stirling@nostrplebs.com 2 weeks ago
and I've literally never heard of you, probably because yall shitcoin. Will continue not using your service, now. Understanding the shelling point and not wasting time extending the lifecycle of scams is a feature, not a bug.
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