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0 sats \ 4 replies \ @supratic OP 11 Oct \ parent \ on: Square brings Bitcoin to Main Street with POS & Wallets for Local Businesses AGORA
Good question, I assume merchants need to signup to accept bitcoin for the customers to be able to pay sats. Merchants can enable the Bitcoin feature still and decide to get 0% 1% of sales in bitcoin, but still need to enable and activate the option from the Settings > Banking screen.
As I mention above #1252914, if this was to be an option, Square or Block need to get a crypto exchange license. I don't think this is the case.
For merchants, there's some in here https://squareup.com/us/en/press/block-to-roll-out-bitcoin-payments-on-square
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0 sats \ 3 replies \ @fiatbad 11 Oct
Now that this is out, we need a map of merchants with the feature turned on and boycott any who don't have it. We should be loud about this. There are enough of us to make a difference. The question is, are there enough of us who care?
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0 sats \ 2 replies \ @supratic OP 11 Oct
Who care if enough or not. If everyone does his part responsibly, around and within it's community, there's no way one should care about what others do or don't.
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0 sats \ 1 reply \ @fiatbad 11 Oct
True, I agree.
But most revolutions have some amount of emotionally-driven momentum....
I believe the end of fiat will require some amount of non-passive revolution.
The reason I believe this is because the average person does not enjoy finance. They are not "nerds" like we are. They don't understand the basics of computer-science or finance. We are not going to gain enough momentum to bring an end to fiat if we rely on the Chads alone. We have to figure out how to bring a certain amount of normies in as well. This happens when they see the Chads doing it. Monkey-see, Monkey-do.
But, stacking Sats silently does not bring about a monkey-see, monkey-do outcome. It just keeps fiat in the driver's seat forever, and us in the underdog position.
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0 sats \ 0 replies \ @supratic OP 11 Oct
For me fiat has ended already, for me this news mean only a positive: I'll have more merchants around here to spend sats with really soon. That's why I shared.
Why continue worrying about what others do or don't?
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