Thread

What always goes through my mind when I pay with BTC (Lightning or whatever) is that I am paying with a superior currency, and if I have fiat available (credit card), I’ll pay with that instead, because: the price is exactly the same, I don’t have to settle for 30 days, I get reward points, and when I finally settle, the fiat payment has further devalued against my BTC. The key thing that would motivate me to pay in BTC is if they offer me a discount up front, say 5%-10% like many merchants do for ‘members’. As for the merchants, ‘Cash is King’ - they need to be able to deposit BTC immediately as cash in their account, first, then think about stacking sats after. Merchants care about cash to run their business. Just like most coffee shops offer free wifi, merchants will have to think about discounts for paying using a superior money, BTC, otherwise users, including myself, won’t care.