188 sats \ 1 reply \ @sommerfeld 5 Oct 2022 \ on: BREAKING: McDonald’s has started to accept Bitcoin in Lugano bitcoin
It's definitely cool but I still see some issues:
- They probably don't keep the sats and instantly dump them for fiat
- customers pay the same price as in fiat + market rate spread + network fees. That sounds unfair given that merchant does not have to pay 3% visa fees, they could offer a discount.
- why are fancy looking PoS needed? That creates the wrong impression. We should spread the message that merchants can re(use) any computing device as a PoS.
why are fancy looking PoS needed? That creates the wrong impression. We should spread the message that merchants can re(use) any computing device as a PoS.
I think it's just a smartphone with some sturdy case around it.
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