Also, check the video here. Luke is doing very effective onboarding work in Buena Vista, CO
https://x.com/DSBatten/status/2060394900370141511

It depends on the merchant's choice upon Square POS btc activation/setup:

-if the merchant chose to auto-convert BTC ->USD upon receipt, then I suspect Square keeps a slight spread on the conversion.

-if the merchant chose to keep btc as btc, then there is no spread until they sell it for dollars. Hopefully they never sell.

LN is the payment infrastructure; the mediator between off/onramps to fiat.

Some merchants keep it as btc, and some don't. That's their choice.

Forcing btc maxi ideologies onto merchants will get nowhere and slow adoption.

I know that I don't want to deal with Cost Basis tracking, and I want to burn my fiat, so I'm fine with the tradeoff. Call me cucked, but transacting with btc in the US is a mess—if you choose to abide by tax laws—so the option I proposed is the best middle ground I've come across so far.

I'm not waiting for US tax law (or chasing the de minimis 'steak waving in my face') to catch up to the fact that btc is money. This method gets merchants interested, and some holding btc now, and that alone is worth it

Don't need de minimis when spending dollars on @strike or @Cash App to a btc QR/address because they convert to BTC for you.
✅ No taxable event
✅spend the exchange's btc
✅don't touch your btc savings
✅Merchant receives btc (or their system auto exchanges to fiat)

It's LARPing, but it works seamlessly. Harnessing the LN rails, while getting more people to experience the superior network

You're correct, more need to be urging their merchants, and be willing to get those Sats flowing! We're doing it in the mile high city: https://milehighbitcoininitiative.org

@The Space

Looks like NosTree is down, so here's the fiat version: https://linktr.ee/infiniteself

😄 😢 Emotional Resolution can heal the traumatized brain. Check it out: https://nostree.me/npub1mtgf8cawqqyaypp5pxy3ew5dc6p3te42hpmzl9mahsvluvgadtws96394u

💯
It’s science.

Love increases vibes