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0 sats \ 2 replies \ @clr 6 Mar freebie \ parent \ on: Offering a discount when paying in Bitcoin bitcoin
What I think is repulsive to bitcoiners is using a brand name as an indicator of status (appealing to shallow materialism/hedonism), rather than values/principles. The status thing, if it were to be done at all, should be based on achievements that fiat cannot buy. For me, having a Gucci bag or an iPhone is an indicator of lower status.
There have been a few "luxury" brands that have tried accepting bitcoin/"crypto" already. How has it gone for them and for bitcoin adoption so far? I would say it hasn't moved the needle or it might have even been damaging the bitcoin brand, in associating it with hedonism and shallowness.
There have been a few "luxury" brands that have tried accepting bitcoin/"crypto" already. How has it gone for them and for bitcoin adoption so far?
Ah, but you misunderstand. I'm not saying lets take something that's a solved problem and shove a Bitcoin accepted here sticker on it. The exclusivity should be tied to being in a Bitcoin community and maybe or exclusively sold for only Bitcoin.
You see, when it comes to Gucci, the fact that you even can buy it with Bitcoin is something you can ignore. Its just sort of there, but pfft no one uses it. If its only sold for Bitcoin and if wearing it tells people who know, people who know enough to understand how to spot fakes, it tells people that you're part of an in group.
Understand, this is not so much about being a show of how much money you have, but rather about what group you belong to.
Let me give you an example of something I think would work
And it did work. For a time, people were buying them with excitement:
https://bitcoinmagazine.com/culture/the-bitcoin-infinity-day-public-private-keys
Is this not shallow and materialistic? It serves no purpose, it can not be eaten, it can not shelter you from the rain, but man oh man is it exclusive.
Admittedly, this may very well attract the crapto crowd, but goodness gracious everything attracts the crapto crowd, they're freaking locusts. Even the first idea (remember this topic is the 2nd one in the post you're responding to) would attract the crapto crowd. So how can we create an economy that is repulsive to crapto, but loved by Bitcoiners? That I don't really know other than as always shun them away when they shit in your air speaking of shitcoins.
Now I will also mention that you focused so much on the luxury side that you missed the secret menu animal fry side. Are animal fries luxury food? (Don't tell the in-and-out fanatics, but I don't think they are) They are however, something you have to be in the know to even order.