It's not only about whether merchants accept it, but also what they do with it: immediately sell it for fiat or hold the sats. The latter reinforces the NGU feedback loop, and the former, which shirks the SoV aspect, arguably isn't complete adoption as money.
It's not only about whether merchants accept it, but also what they do with it: immediately sell it for fiat or hold the sats. The latter reinforces the NGU feedback loop, and the former, which shirks the SoV aspect, arguably isn't complete adoption as money.