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5 sats \ 1 reply \ @DR_HELL 5 Jun \ parent \ on: Obvious question is Obvious: Where the hell is everyone??? bitcoin
They’re still doing it in wires and checks and cash. I’ve spent bitcoin plenty of times, but we’re still in the minority. You said it yourself, if more people were using bitcoin every day, we’d see it.
That being said, I was super excited about Squares announcement about adding lightning payments to all Square terminals over the next year. Things like that will normalize the idea of spending bitcoin instead of selling it.
Most people just aren’t using it as a MOE yet, they’re speculating. The people who do own bitcoin are holding not spending, and the people spending the way you’re describing aren’t doing it in bitcoin (most likely due to misunderstanding it) for now
1 month of Mullvad VPN for 20k sats! Love the no-KYC account system where you only have a unique number that you load time onto, super easy process to fund with btc (although I wish they’d add lightning)
GENESIS