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10 sats \ 0 replies \ @Undisciplined 11 Nov 2022 \ parent \ on: What if producers only accepted Bitcoin? bitcoin
I think it's also worth noting what the cost side of the ledger looks like.
If someone is only willing to accept Bitcoin, they will be foregoing potential sales to those who aren't in Bitcoin (and aren't close enough to adopting that this product will bring them in).
This will mean demand for their product is lower than it would otherwise be and they'll be selling less product at lower prices.