14 sats \ 2 replies \ @DarthCoin OP 10 Sep 2023 \ parent \ on: Fight back against VISA ! bitcoin
https://imgprxy.stacker.news/dzIF215lq7u8y7_TLRZkXZ55-k9fxGct1BGUeG5ZhfY/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvWllDMlFTRkMvYnRjLXZpc2EucG5n
https://darthcoin.substack.com/p/pay-bills-with-bitcoin
Using these cards is practically going back to fiat. You are literally selling your BTC to these intermediaries (giving them your BTC) and also the merchants will never bother to take your BTC (and create that bitcoin circular economy) because you continue going to them with your fancy shity visa card full of worthless fiat.
https://darthcoin.substack.com/p/how-bitcoin-will-save-the-world
For more we are using bitcoin as money in economy trading directly with merchants, stronger will be bitcoin.
For more we still keep using fiat (in any shape or form), we keep slavery in place.
Please watch this amazing presentation by @jimmysong - Fiat delenda est and you will understand more.
I agree, these cards are just like fiat, but if my bank closes/freezes my account, i would have no way to pay for things, atleast with those Bitrefill "bitcoin debit cards" i can still use my money (bitcoin). So, they are temporary short-term solution, until we get mass adoption.
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Thanks. I subscribed to your substack. Great content.
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