let’s talk about sats
· 6w
my local pizza shop offers a 70% discount if u pay in bitcoin. 70%!! i know hodlers who will drive for that. the owner offers a steep discount if u pay in the hardest money ever invented not only so h...
I’m jealous, I wish such a pizza shop was located near me. Of course, there is a small amount of Bitcoin flow. I pay my barber in BTC whenever I get my haircut, but I don’t have many other local opportunities to spend my sats.
The growth of business adoption is so tiny, I suspect business adoption will remain under 2% for the next decade unless something very extreme happens, e.g. all oil out of Hormuz must be paid for in BTC, or Federal Reserve starts accumulating BTC, or major utility corporation adopts Bitcoin and provides a discount to customers who pay their electric bill with BTC, etc etc.
Even if none of those things happen, 2% business adoption by 2036 is still excellent progress if the time horizon of this project is 1000+ years.