<oembed><type>rich</type><version>1.0</version><title>Standard Sats wrote</title><author_name>Standard Sats (npub1py…tmh59)</author_name><author_url>https://njump.me/npub1py0j9vl53am4h6zdsa49nt53mghkxhw84tchp7edlrn3mz6uuckqqtmh59</author_url><provider_name>njump</provider_name><provider_url>https://njump.me</provider_url><html>Discount for paying in Bitcoin is NEVER  and has never seemed like a sustainable way of making Bitcoin a medium of exchange.&#xA;&#xA;Users must be willing to spend Bitcoins as money and not coerced through unsustainable incentives.&#xA;&#xA;If anything, it looks like trying to cut corners!! People who hold Bitcoin must be convinced enough and willing to spend it by requesting to use it when they need to make payments.&#xA;&#xA;That is the natural and only sustainable way bitcoin becomes a widely used means of exchange, especially considering the fact that most merchants run fully on Fiat.&#xA;&#xA;If we make a survey, you&#39;ll find out that most merchants who give these discounts are probably Bitcoiners who already understands the point, or merchants that use POS&#39;s (e.g Square POS) where the POS provider most likely makes up for the discount, because they&#39;re trying to promote Bitcoin usage.&#xA;&#xA;There&#39;s hardly any merchant who&#39;s not a Bitcoiner that&#39;d give discount when users opt to pay in Bitcoin (that is if they agree to accept it), and Bitcoin becomes an actual medium of exchange when a merchant who probably does not fully understand the core values of Bitcoin starts accepting it because it is widely accepted as money.&#xA;&#xA;That kind of ripple effect only happens when there&#39;s demand for Bitcoin as a payment option, and that demand will be driven by Holders&#39; willingness to spend it, and not merchants readiness/willingness to accept it.</html></oembed>