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0 sats \ 0 replies \ @028559d218 OP 7h \ parent \ on: My friends think Bitcoin is a joke. There's nowhere to spend it or Lightning. bitcoin
I try to spend ~2 percent of the Bitcoin I buy. This way I incentivize people to accept it... and for it to be actually used transactionally. I believe this makes sense if people buy 100$ of Bitcoin maybe they should spend ~ 2% to help jumpstart the Bitcoin economy and encourage small business.
Just stating the obvious... but Lightning isn't smoothed out/intuitive enough yet to 'just work'. It helps to have a basic idea of how it works to understand what a channel is, opening a channel, writing down a seed phrase, the difference between on-chain/Lightning etc.
Just enough knowledge to use Phoenix. But that's actually A LOT for the general population.
It usually comes up when I owe a friend 10$... and I ask them 'if they take Lightning'. Then the conversation ensues.
This is more than like 99% of people think about.
100% agree.
I think the people I'm referring to generally... don't know what a transaction is, what a mempool is, what a 'wallet' is etc... they say they don't understand "why there are so many Bitcoins" and why Bitcoin "has value". They don't have any technical understanding of it... to the contrary it just doesn't "feel good" so they don't want to acknowledge it exists.
Some people are downright hostile to hearing anything about Bitcoin or they think you have to buy a "whole coin" so they can't/won't etc etc...
A lot of people just wished it didn't exist so they ignore it.
[Btw... thank you for your contributions to the BTC community if you are who I think you are.]