Went to buy beer at my local liquor store last night and they had a new sign - pay with Bitcoin. Blew my mind. This is an old, fairly small store.
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wanna have fun ? everytime u purchase something involving human interaction, ask them if they take bitcoin .../!
That's a good idea. It will help spread the word around. You can also add that such-and-such a store does. Make it seem normal.
Isn't making abnormal things "seem" normal right out of the cabal playbook? Just sayin...
true
Capital gains tax + crypto wallet fees = ~20% return of what you think you "own" regarding any crypto. This will crush small businesses when tax time comes around.
Which may be why, from my experience, they prefer cash.
They have pretty high card processing fees too, crypto would be the cheapest digital alternative if it wasn't for all the retarded taxes, which technically also applies to bartering but nobody is stupid enough to pay.
Only people in a deep sleep haven't woken up to the evils of monetary policy and how it enables the cabal.
Permit me to issue and control the money of a nation, and I care not who makes its laws. -Mayer Amschel RothschildBusinesses will start accepting it as payment as demand to store wealth in it grows. Funny how Powell said the other day it has failed as a payments system, just a day after the Lightning Network hit new highs in capacity.
Central banks days are numbered, patriots in control.
Guess businesses don't care what Powell says. Funny. This does look like patriots in control.
In fact, is has not even been rolled out yet. What was envisioned back then has not yet come to fruition. It may be that other crypto's will find easier adoption especially if the exchange can be lined up and made easier. (which is also now happening)
However, smaller coins find regional acceptance. For instance, due to the heavy vaxx demands in EU with the threat of not being able to buy foods, many are considering and starting to participate in alternative supply chains having their crypto in place.
Smalls steps, and it needs better adoption, especially through ease of payment, like POS.
In Eu there neteller (and others) providing a mastercard + access to crypto coins. And it is easy to link neteller to a bank account making moving money an issue of an instant due to SEPA.
I would rather see decentralized exchanges and see a good future for monero.
The trick is to learn how the systems works and how to take advantage of it.
I saw one of those change cashing machines at the supermarket this week. In addition to paying in $$$ for your coins, it had a label saying it can pay in Bitcoin.
Looks like it's starting.
I don't have any crypto nor do I plan on buying any. You bring up some solid points. What was funny about my experience at the liquor store last night was that the owner asked me if I could pay in cash. Luckily for him, I had it. I asked him how often do people buy with cash. He said it was the most common way they pay.
By this logic gold would be just as bad. Where was the push back against gold? what is gold backed by? If Bitcoin is centralized because of it's mining requiring expensive investments then why isn't gold?
See this is the mentality that fooled people into basically giving away their valuable gold in exchange for worthless fiat. Fiat will crash once the depopulation starts for real, it's designed to only work during constant growth but has no mechanism to handle mass deaths. Cash will fall with it too because it's the same scam, just a paper version.
They will make their own digital currency, probably running on a blockchain, why shouldn't they? it's the best technology available for the purpose. It'll have mas surveillance, expiry time, centralized key management and other crap, but hey at least it scales and fees are low, because of centralization (government does all validation/mining).
This is how they trick you into it, convenience. Do your research or risk getting fucked over. What sense does it make for them to reinvent digital currency (technology they already have) but in the shape of wealth that cannot be censored, surveilled or confiscated. That's the last thing they want. And this only because they need better back-end technology? Nah, that's just stupid, if it was "training" they would have developed and tested the system secretly and never released it as open source.
If the government has any involvement at all it's more like TOR, you know the anonymity network created by NSA, but still is proven safe to use.
Rhetorical question to show how retarded the "backed by" argument is.
Raw material, yea there's a pretty good point. You know a computer right, that's also made out of raw material, including some gold. Yes I know, one computer is pretty vulnerable compared to a gold bar, but what if we had 1000 computers, or 10 000 computers, all holding a full copy of the blockchain?
Gold is far better than fiat, but you still cannot back it up, you can't hide it easily if you have large volumes, you can't cross a border without getting it confiscated. You can't buy cheap stuff easily once gold becomes highly valuated. All that is possible with crypto.
So what's really important? The fact that an asset is "physical", you got this idea that you must hold it in your hand, touch it regularly? Or any other reason?
Thanks for that.