Nina's avatar
Nina 1 year ago
Yesterday we had our monthly einundzwanzig meetup. This time it was very special: for the first time in over two years we were able to pay with sats! When the first one of us asked if he could pay with bitcoin, the service lady was a little startled. She called in her boss to help her. After all, it's his business. After almost all of us paid with sats in turn, the ice was broken. She understood that it was no more difficult or time-consuming for her as a cashier than paying by card. Why am I writing this to you? If we want to live the bitcoin standard, we need more merchants who accept bitcoin. And we need more bitcoiners to pay with sats. It is neither difficult nor forbidden. It is the decision of each and every one of us. This is the only way we can establish a circular economy.
Gigi's avatar Gigi
I was just walking down the street, coffee in hand, suddenly realizing how "normal" it all is already. Like most days, I went to a coffee shop that accepts lightning. Like most days, I paid directly with sats that someone zapped me here on nostr. Like most days, neither the merchant nor myself thought twice about it, or took a minute to marvel at what just happened. So, allow me to do just that. Marvel at what just happened. While everyone is having a fantastically crazy time at #nostriga, uncountable people are using bitcoin in a myriad of ways. Some for savings, large and small; some for transactions, large and small; some for other stuff. Bitcoin is slowly but surely entering the world stage. Some commentators will tell you that this is good. Some commentators will tell you that this is bad. Whatever the case may be, it is unavoidable. I see nostr under a similar light. As platform-based manipulation and censorship ramps up—which it inevitably will—the usage of nostr will ramp up too, and with it the usage of zaps and everything else that comes with it. And soon enough, buying a coffee (or breakfast, lunch, and dinner) with zap-based income will be normal. Just like it's "normal" to be an "influencer" today, or a "YouTuber" or whatnot... It's not everyone's cup of tea, but it's a normal thing. Anyone can do it. Back to my coffee. I remember when I had the "oh my god, I can live on bitcoin here!!!" experience for the first time. It was in Bitcoin Jungle, a couple of months after the initiative was launched. I stayed there for 2 weeks or so, buying the necessities of daily life with sats outright. And it worked. Flawlessly. I had zero payment failures, and was exclusively using Zeus with my own node. It was incredible. Why is this incredible, you ask? Shouldn't stuff just work? Yes, it should. But building out the tech and the infrastructure to make it all work is BLOODY HARD. I remember the first Lightning Conference in Berlin, in 2019. Everyone came, everyone had all their channels and wallets and everything prepared, and ~50% of payments failed. For... reasons. Fast-forward to today: I go to one of the 100+ merchants in the city that accept bitcoin, a quick tap on the PoS device & QR code scan, boom, done. Is it always perfect? Of course not. Will it get better still? 100% it will. Very soon these merchants will have NFC-enabled devices, and the tap-to-pay experience that people are used to with cards & Apple pay will be normal for bitcoin payments too. If you are in Riga right now, you'll experience this first-hand thanks to Bolt cards and BTCPay Server. It's awesome, it's open-source, and it works. And it will get better still. We are truly living in the best and weirdest timeline; a timeline where shitposting on the internet can buy you lunch and dinner; a timeline that spawns amazing technological movements like #nostr; a timeline that, every ~10 minutes, allows for a small miracle to happen. A timeline where "magic internet money" is a normal thing; a timeline that, thanks to the magic dust of cryptography, enables anyone to speak about anything, without having to ask for permission. I'm grateful. Thank you, Satoshi. 🙏🧡
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Replies (13)

frphank's avatar
frphank 1 year ago
Cool cool. What's the name of the establishment? What did you buy? How much was it? Have prices been stable? How does the business pay its suppliers?
Nina's avatar
Nina 1 year ago
Stay patient and keep going. Don't be disappointed. Your doing an imporant PoW.
Nina's avatar
Nina 1 year ago
Yes, of course! The overwhelming majority of customers are normal people who naturally pay in €. But the owner is happy about every Bitcoiner who comes to him and pays with Sats. Of course, he also likes to talk to people about it. Incidentally, he also has a Bitcoin ATM on site.
Nina's avatar
Nina 1 year ago
In Europe, you must state your prices in the national currency. Conversion takes place at the moment of payment. If you officially include bitcoin in your accounting, it is treated (in Austria at least) as a foreign currency. You must document when, which invoice was paid, with which amount and at which exchange rate. And yes, only real thoroughbred bitcoiners do this work here. 😉
Nina's avatar
Nina 1 year ago
If you can live on your own full bitcoin standard: Congratulations! Then you've made it! What semisol does is very interesting. But running a relay and running a bar are two completely different business concepts with different requirements. In a bar in the city center, you don't just have bitcoiners as customers. You have to respect that. If you don't agree with that: feel free. It takes more than toxicity to spread bitcoin.
Nina's avatar
Nina 1 year ago
I don't want to reproach you, but perhaps you can tell me why you are shocked by this? Perhaps you could tell me what it's like where you live? I would be really interested! I always want to learn something new.
frphank's avatar
frphank 1 year ago
I live in a free country where I can price in any currency I like.