71–80 of 155 posts
Amazing how their is a currency who's been rising for 10 years that you actually have to 'solve' for how to spend it.
Because it's not a currency. Gold has existed forever but you won't find point of sale systems with good support for gold coins either.
For best experience, be sure to accept Bitcoin with Lightning Network. I'm not sure about industry standard, but BTCPay Server[0] and OpenNode[1] seem to be the most popular ones. BTCPay Server is open-source and self-hosted. [0] https://btcpayserver.org [1] https://www.opennode.com
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Everyone using Bitcoin in El Salvador is using lightning network for the most part.
And if you believe Bukele, they have more transactions than VISA ( 65 K / second)
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The "perfect fit for making digital payments while preventing exposure to crypto volatility" is ummm ... fiat with Visa/Mastercard? Which is exactly why no cryptocurrency has gained mainstream traction: it's solving a "problem" that doesn't exist for most people, and doing so in a way that introduces new problems.
Maybe merchants don't want to pay 5% or whatever
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traditional payment processors wield undo influence and control over businesses: just look at the past onlyfans drama. Moving away from a duopoly that censors legal businesses it doesn't like is definitely valuable, and also something a stable coin could facilitate. Moving money around onchain is orders of magnitudes easier than using the tradfi systems. Most crypto firms (trading firms, VCs, protocols, etc) are excl…
And yet you can't buy anything with crypto, as evidenced by an entire thread full of solutions that either, a) nobody uses, b) are terribly difficult to implement as a layman, or c) are possibly vehicles for fraud. As a guy who had no fear compiling Gentoo kernels 15 years ago, saying you can actually use BTC to pay for things is about a feasible as saying that 2005 was the year of the Linux desktop.
Amazing how their is a currency who's been rising for 10 years that you actually have to 'solve' for how to spend it.
Your talking about bridging currency. Something that most banks still cant do easily with any customer they have. ie. HSBC, a global bank, doesnt even support instant transfers around the world (payid), yet thats there buisness for how many years? ie. with crypto, u can setup a wallet, u can buy currency, then lend it out to a DeX for fees and apy in 3 clicks, no wait period, minimal capital expenditure. no forms to…
Amazing how their is a currency who's been rising for 10 years that you actually have to 'solve' for how to spend it.
It isn't easier to accept any other currency online.
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> poisoned by 'black' bitcoin. Can you expand further on this? Is there a public list of blacklisted addresses we can download/query? How far does the association extend for an address to be blacklisted by other entities?
There are not public lists, with exception of official government sanctioned addresses. Only the chain analysis companies have the (valuable) data so the future seems to be that businesses will need to pay for a subscription and share data with them, if you want to transact BTC. The algorithms are not clear either, because that information could be used by adversaries with tainted coins to try to evade detection For…
Perhaps there is a service like this already?