Damus
Jeff Booth · 35w
The president of El Salvador asked for my help in getting his people into self custody, paying in Bitcoin, and celebrating all that is happening in the country. Happy to be speaking at what should be...
Martin Mladenov profile picture
People follow trends, not costs. Gaining network effect is tough; they need clear benefits. Profit drives interest. It's hard to achieve, but good luck. Drastic measures like eliminating Bitcoin taxes or taxing other currencies could help. Merchants accepting Bitcoin could charge less than for fiat. Such incentives will drive mass adoption, as people prioritize profit over ideals.