Mysth on Nostr: [Rant] If you're going to sell stuff and go "Bitcoin Only" as payment method, I'm ...
[Rant]
If you're going to sell stuff and go "Bitcoin Only" as payment method, I'm -never- giving you any sats if you generate your invoices dynamically based on the BTC/FIAT rate.
The only way to have any credibility when going "Bitcoin Only" for payments is to have a price in BTC, period.
You can always adjust it manually when markets are volatile and (once a month or so), but otherwise pegging your BTC price to FIAT is just virtue signaling, so there's no point to not also allow fiat payments.
[/Rant]
Published at
2023-09-12 09:51:38Event JSON
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"content": "[Rant]\n\nIf you're going to sell stuff and go \"Bitcoin Only\" as payment method, I'm -never- giving you any sats if you generate your invoices dynamically based on the BTC/FIAT rate.\n\nThe only way to have any credibility when going \"Bitcoin Only\" for payments is to have a price in BTC, period.\n\nYou can always adjust it manually when markets are volatile and (once a month or so), but otherwise pegging your BTC price to FIAT is just virtue signaling, so there's no point to not also allow fiat payments.\n\n[/Rant]",
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