Fantastic conversation!
You're absolutely correct about being pragmatic and meeting people where there at. However, long term, to get people to want to spend bitcoin, we have to move beyond building bridges to fiat payment rails.
Bitcoin has already demonstrated that it's a superior money for savings. Bitcoin can also be a superior money for payments - but not while relying on an underlying inferior fiat foundation. Until the payment rails are in place to use Bitcoin as the superior money for payments that it is, we shouldn't be expecting people to want to spend bitcoin.
Replies (3)
We built a wallet that gives merchants tools to incentivize Bitcoin payments. Consumers just need a push and Bitcoin will naturally evolve into a medium of exchange.
except for a small community of autists,
nobody wants to spend Bitcoin at all. even if it's convenient.
Many of the problems come from the fact that peoples liabilities are in fiat so price movement affects their bottom line. Youre essentially asking them to be traders.
Hopefully as bitcoin goes up volatility continues to drop and its less of an issue. Maybe insurance companies or something akin to an option could smooth it out and make operations cleaner.
