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102 sats \ 10 replies \ @Undisciplined 21h \ on: Compass Coffee deploys first Square terminal accepting bitcoin bitcoin
Will we have mass merchant acceptance by the end of the year?
I don't think so we will see that soon in US... you guys are soooo deep into fiat mindset and ETFs.
LOL only 1400 merchants in US, even South Africa have more than you. And let's not talk about Europe with over 5400 merchants.
US... NGMI
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even South Africa have more
It gets even better: Thousands more missing from that map in South Africa. Not sure why, but btcmap shows pretty much only Pick 'n Pay but very few others.
MoneyBadger, the same people behind CryptoQR which powered paying at Pick 'n Pay to begin with, have their own map showing a more complete list of merchants.
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If every Square terminal accepts bitcoin, though, I think that's millions of new merchants.
I know it's not driven by merchant demand, which would be better, but it will still become much easier to use bitcoin for everyday things.
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yes, I do not deny that, is still a big step forward.
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I still haven't heard whether it will be on by default and up to the customer to choose, or whether merchants will have yo "turn it on" before they can offer it to customers.
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I propose the following:
- make it opt-in to switch to ON
- the "OFF" button should not exist 😂😂
There's no going back to fiat button LOL
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I've been a little confused by the rollout, but I recall hearing something about how it would be turned on by default and if merchants don't opt in there would just be an automatic conversion to fiat for them.
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