Tando may have hacked the matrix! The challenge with bitcoin circular economies is the same challenge with two-sided marketplaces: Who goes first? Uber drivers with no riders? πŸ‘Ž Uber riders with no drivers? πŸ‘Ž Q: So how do you jumpstart the flywheel? A: You lop off one side of the equation to eliminate the friction. This merchant in Kibera, Kenya no longer fears bitcoin, because she's no longer stuck holding the bag and having to figure out how to spend the bitcoin she receives. With Tando the flywheel of spending doesn't get stuck because we removed all the friction points. Smooth! S/o to @npub1djkg...9fhz for hosting us and showing all the proof of work that's going into educating these ladies & gentlemen about permissionless money. And @thecore21m for providing the lessons in Swahili! Nobody gets left behind.

Replies (9)

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npub1wucn...ha2m 11 months ago
I understand small vendors not wanting to hold BTC and I think what Tando is doing is fantastic but still I would suggest not using phrases like 'stuck holding the bag' when talking about Bitcoin
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npub1wucn...ha2m 11 months ago
I would just talk more neutrally (you also talked about 'fearing' Bitcoin). So I would just say that a vendor using Tando doesn't have to accept or then hold BTC (if they don't want to). Even though Bitcoin & Lightning facilitates the trade from the buyer's side But just to repeat, I really love what you're doing with Tando. It's such a fantastic project and seems to have some really great ppl involved.
Bitcoin is priceless. Only the fiat-minded, who are retarded, measure Bitcoin's value in fiat. Bitcoin''s value is measured in its ability to enhance freedom and sovereignty.
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