Infrastructure to facilitate merchant acceptance is way more interesting than nation state bitcoin reserves, imo.
View quoted note β
Thread
Login to reply
Replies (32)
Agreed
Reserves will eventually go to zero if nobody accepts Bitcoin as a medium of exchange.
Letβs build the rails and spend sats at your favorite shops.
Yep, reserves are cool, but usability is king .
100% agree with Lyn. The only way we win is bottom up. It has to explode as MOE before the asset gets geofenced by western tradfi.
That is the state of play.
View quoted note β
π―
you always keep it real.
Pure signal.
StackingSats for businesses!
This.
Using Bitcoin as money is way cooler than using Bitcoin as a financial instrument
Massive β½οΈ
absolutely π
View quoted note β
I wonder if we could now prove that hard money is better than fiat money. One crazy idea that came to my mind is for you people in economics to develop a concept or simulation of a βMoniac-βΏβ. π (
)
Phillips Machine - Wikipedia
Maybe my previous Wikipedia link about the Philips Machine isnβt working, so hereβs a more readable link ( ) and a photo I took at the Science Museum in London.

Trickle-down economics: Phillips Machine shows how macroeconomy flows | Faculty of Economics

Capital gains tax exemption for Bitcoin transactions needs to be legislated.
FULL ACK!
Stripe is fully KYC'd, Stripe will be reporting your bitcoin transactions to the government. This is not what bitcoin was supposed to be. This is not a win, it's a fail.
You think the feds are allowing this because they're nice?
They were already reporting your credit card txs to the government.
Some merchants will realize this and set up non kyc payment channels
It is also a win for the consumer because you are able to spend non-kyc Bitcoin directly
Education (for merchants) on bitcoin is way more interesting than infrastructure to facilitate merchant acceptance
Theyβre both good to see.
π―
Yes
Thatβs why weβre grinding on @npub1nkfq...2svu
View quoted note β
When Australia? Very cool news I agree! Individual power!
True. Citizens with private bitcoin reserves are the proper nation state reserves.
π―
Just hope it's actually used