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213 sats \ 1 reply \ @taxd 16 Sep 2022 \ on: Bitcoin Island is over 100 businesses bitcoin
It would be interesting if you could follow the growth, i. e. keep records of number of stores and the tx-volume/day as a function of time. If you can get positive feedback it will be a revolution, if not it will fizzle out. Make sure people prefer to get paid in BTC and it is over. If it is not circular it will not grow.
I have been using these updates at a rough history. I want exactly that tooling in the database for those reasons. Dev resources are tight though.
They are seeing why it is better when I come through and can pay exact amount easily while they are running around looking for change because someone has a 1000 peso bill (~20 USD) and they do not have the change.
The remittance market and foreign bitcoin tourists are the real killer apps. So much money is lost in frictional losses moving money here.
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