reply on: Is South Africa Really Leading in Bitcoin Usage (Replacing Fiat) for Retailers? \ stacker news ~bitcoin

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10 sats \ 2 replies \ @standard_sats 16h \ parent \ on: Is South Africa Really Leading in Bitcoin Usage (Replacing Fiat) for Retailers? bitcoin

Valet is an open-source, self-custodial Bitcoin/Lightning wallet.

There's no shilling. Simply sharing an idea that we know would help advance Bitcoin's use as a medium of exchange.

Everything is completely open-sourced, built right on the Lightning network. It would've been great to see merchants accept Bitcoin directly without worrying about its volatility, but the reality on the ground shows otherwise.

So it is only smart for those of us in the Bitcoin community to find a solution that'd help this cause without compromising a lot of Bitcoin core ethos, and that is what Valet and Fiat channels do.

I implore you to read it, just for knowledge's sake.

Cheers.

10 sats \ 1 reply \ @supratic 16h

I know about Valet, I know about open source projects not been rewarded as they should.

Just saying there are better ways to promote great tools like Valet

0 sats \ 0 replies \ @standard_sats 16h

I think you misunderstood my approach as trying to shill Valet.

I was just expressing a point of view on why merchants may not yet accept Bitcoin via p2p, and then highlighting the need for easy on-ramp solutions that should create a foundation for understanding.

I shared Valet because I think it is a step further than a typical custodial solution or outright constant need to liquidate to Fiat for these merchants.

Respect!!