Damus
fiatjaf profile picture
fiatjaf
@fiatjaf
I don't get why people like these companies that sell you gift cards and similar stuff for Bitcoin and make you pay more than you would pay if using fiat. Is the goal to make Bitcoin look inferior?
464❤️16🤙5
₿log · 172w
I've never had this problem. What service do you use?
faisal · 172w
different ramps
Kieran · 172w
What if you don't have fiat to spend
𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 172w
What service are you referring to?
₿itcoin · 172w
I dont like companies or governments in general, who only want to gain bitcoin but never pay bitcoin. Governments want taxes in bitcoin, but they never pay people back bitcoin. Be aware of this.
boston wine · 172w
I think if you’re 100% in Bitcoin and don’t want to use a kyc fiat exchange but need to buy from a business that doesn’t accept Bitcoin, this is a service to meet that need
₿itcoin · 172w
That woupd not be smart. Bitcoin only is for now not the right thing. Cash is also needed.
twopack · 172w
Might have something to do with KYC and the lack thereof?
Neo ⚡️ · 172w
Bitrefill does not overcharge, you pay 1:1. But you're right some other companies do.
Brunswick · 172w
I see it as capitalizing on the general positive image that bitcoin is beginning to garner with the nontechnical.
lost1256 · 172w
it will be for this reason that the project on nostr does not collect adhesions
idsera · 172w
Hi had this kind of experience with #[2].
HODL · 172w
I don’t use them but It’s because people are using them to evade capital gains taxes. That’s why they have a market demand.
Parallel Structures · 172w
I think it's for people avoiding capital gains tax. That's the people I know who do it anyways
Happy₿ear🇮🇱 · 172w
yes more merchants need to accept Bitcoin directly.
DarthCoin ₿⚡️ · 172w
Because they want your sats
doot · 172w
i use thebtcco in australia for gift cards at grocery stores like coles and i actually come out ahead (which makes sense because because then they don’t pay the 1.5-3% processing fee) you just need to avoid prepaid VISA/similar cards
ruben · 172w
privacy perhaps if you a pro, but I agree should be a discount when using btc …