Thread

I’d like to share a story about adoption with you. Lately, I haven’t been able to find time for meetups because of family and work, so I decided to focus on lunches instead. In a regular local pub, I asked the owner if he’d be willing to accept Bitcoin. He politely declined. I kept going there about once a week. After a few visits, I made an NFC card and loaded it with 1,000 sats as a tip. I also gave him a leaflet with instructions on how to access the Bitcoin. He’s an older gentleman, not very interested in technology, and doesn’t have much time for experiments while running the place. The following week, I tipped him another 1,000 sats. On the third week, he finally agreed to let me install a mobile wallet app for him. Suddenly, he had a bit of Bitcoin in his Wallet of Satoshi. I asked him if I could start paying that way — with the promise that if it didn’t work out, I’d exchange it back into cash for him. He wasn’t too keen at first, but since I was a regular, he wanted to make me happy. From that moment, I announced in the local Jednadvacet (our Czech version of Einundzwanzig) community that we’d meet for lunch every Thursday. A short meetup — a chance to exchange Bitcoin, learn something new, meet people, etc. The only condition: payment must be in Bitcoin. Two months have passed since then. The group has been growing. At first, there were just three of us. Last time, there were already seventeen. For the owner, it’s become a significant part of that day’s revenue. He’s started treating us better too — now he greets us from afar and even reserves the biggest table for us every Thursday, not letting anyone else sit there. Every time I ask him if everything’s okay, if he wants to cash out, or needs any help with it. And you know what he told me last time? That he doesn’t need to — it’s growing nicely in Bitcoin. He even recently bought a fridge with Bitcoin. He said he had to use Lightning because he ran into some issues with on-chain. I never even mentioned the word “Lightning” to him. He’s been learning on his own, and now he’s become quite the Bitcoiner. It looks like the pub might soon turn into a nice little vexl point — a place where people can exchange Bitcoin for dirty fiat and vice versa. I’m writing this because I think it’s a great blueprint. It’s short, takes me about an hour a week — time I’d spend on lunch anyway — I meet people, and it helps Bitcoin adoption in a very natural way. Hopefully, it’ll inspire more Bitcoiners to try something similar in their own area.

Replies (71)

Bravo! I appreciate you sharing it. I like that you did it in a non-threatening, tangible and consistent way while presenting optionality and zero risk to the gentleman. It also shows that it takes time to build trust. An inspiring example of how you can integrate orange pilling into day to day. Love it.
A beautiful story about adoption and getting someone off zero. In the past I resorted to either bribing/forcing others by gifting them sats. I also tried to engage in a very long process of gentle probing, hinting and philosophical discussions to point them in the right direction. Occasionally, I lost patience and turned to more aggressive borderline toxic ‘have fun being poor’ type of tactics. Not good. This is one of the best ways: non-threatening, engaging and respectful. View quoted note →
Great work and indeed a good blue print that worked for me before as well. But without giving this man default privacy you just set him up for failure. Protecting new comers from their lack of knowledge and future mistakes is a very good reason to introduce people to privacycoins first.
While I love that story, I am also annoyed that once again a person got lured into a fully closed source and custodial system. This is not helping anyone really. And the most annoying thing is, there are fully open source and non/self-custodial alternatives. If you'd have onboarded that gentlemen to Cake Wallet and Monero, he had privacy from the start (without needing any further knowledge and pretty much no way to shoot himself into the foot). But also everyone had lower fees paying him. It just makes me sad when I hear Bitcoiners talk about centralization and not needing to trust third parties, but then in the same sentence recommend WoS...
Cake Wallet is also available on iOS, so yes I'd still recommend that. Though I also recommend against using an iPhone. The 'self-custody' option of WoS is not really self custodial (see for further information) So yeah, Cake Wallet + Monero offers low fees (about 1 cent TX fee regardless of how much money you send), fast tx (you see the money in a few seconds, and thanks to no RBF it's safe to accept smaller amounts without further confirmations), good privacy without any technical knowledge and it's fully open source and self-custodial. There is no equivalent for BTC, that offers the same features.