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0 sats \ 1 reply \ @mo 10 Apr \ on: The PubKey NYC AMA AMA
What the percentages of sales in BTC vs Fiat?
And if you could be more specific (on-chain vs lightning vs cards vs cash) on an annual base it would be much appreciated
This is something we addressed in interview for the New York Post article last month. Around 5% of our customers pay with bitcoin. Some pay exclusively this way, others do it just for the experience of it.
We use a Lightning wallet powered by Zeus, connected to our own node. We discourage on-chain payments because of the confirmation time, however, we've occasionally accepted them in certain instances, such as when someone wants to throw down a large bar tab in advance.
We aim for a payment experience that's as frictionless as possible, because our bar gets busy, and we need to train the staff on how to process these payments. Nothing slows down a bar quite like waiting up to an hour for a fully-confirmed on-chain transaction.
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