lbstuff

32 posts

lbstuff

lbstuff

@lbstuff_laura

Katılım Aralık 2021
13 Takip Edilen1 Takipçiler
lbstuff
lbstuff@lbstuff_laura·
@apa_nft I have 4 APAs and I missed the gal mint because of personal life stuff that kept me busy. Is there any way to reverse this? Ahhhh. I'm so sad.
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lbstuff
lbstuff@lbstuff_laura·
@brianboland @APompliano Merchants are pretty good at influencing consumer behavior through rewards and incentives. That’s where the push will come. Think about preloading your Starbucks app. SBUX absolutely did that to reduce card fees. It worked on me + many others.
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lbstuff
lbstuff@lbstuff_laura·
@EricTroia21 You can do that with this though - you can use your fiat balance from Cash App to pay. That’s what he was saying. You have different options. Can pay with cash with an app that supports QR codes, OR with bitcoin.
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ET
ET@lonesoulET·
@lbstuff_laura Not saying anything ur saying is wrong but bro if I pay with my btc there’s no benefit for me there is actually a loss because I’m selling my btc. As of now my income is fiat so I’m obviously gonna wanna use that as a spending account almost like a savings(btc)and checkings(fiat)
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lbstuff
lbstuff@lbstuff_laura·
Jack Mallers bitcoin announcement. People saying "but I get 2% cashback using my credit card" are crazy blind to the fact that the cashback is a bribe. There isn't some company giving away cash out of the goodness of its heart... 1/?
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lbstuff
lbstuff@lbstuff_laura·
@wiredcoach @APompliano Right. You don't have to pay in bitcoin. Customer can pay in cash. Strike converts it bitcoin to transfer it via bitcoin network, then back to cash for the merchant.
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Charlie Jackson
Charlie Jackson@wiredcoach·
@APompliano But why would I pay with Bitcoin when enthusiasts say it will be going to $100,000 per bitcoin? Since people buy Bitcoin to speculate that it will go up a lot, it doesn't make sense to pay for anything with Bitcoin. Right?
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Anthony Pompliano 🌪
Anthony Pompliano 🌪@APompliano·
LMAO Jack Mallers just brought bitcoin payments to every major retailer in America by partnering with the nation’s largest payment processors.
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Pinkas Kineta
Pinkas Kineta@PinkasKineta·
@APompliano What I dont get is how the merchants gets dollars, who makes the conversion? NCR servers? Strike? Then there's a third party. Also the buyer does have tax implications for buying with his bitcoin.
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Dooper
Dooper@MicroCapCrypto·
@yosoykiel @APompliano No it’s not. What’s the benefit for the purchaser? I get 2% cash back with my credit card.
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lbstuff
lbstuff@lbstuff_laura·
@allisknu11 @MatthewHyland_ Mallers explained how customers can use cash too. It connects to Cash App. The cash is converted to bitcoin just so that it travels via bitcoin network. Then it goes back to cash for the merchant. Everybody wins.
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I Know Nothing
I Know Nothing@thirtyacres·
@MatthewHyland_ Because people don't want to end up like the gentleman that bought pizza with Bitcoin. I like $STMX rewards system. I do agree that we need to move toward consumers paying in crypto to strike that use-case argument, mass adoption.
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Matthew Hyland
Matthew Hyland@MatthewHyland_·
If I was a merchant right now, my main goal would be to figure out ways to push all my consumers into paying with #Bitcoin People wont adopt, until they see the benefits Discounted prices for paying in Bitcoin would be a great start for merchants to push adoption
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lbstuff
lbstuff@lbstuff_laura·
@brianboland @APompliano Many do! When I had an apartment, if I wanted to use my credit card instead of check, my building management company charged me an extra fee. But writing a check at McDonald's isn't exactly an option, right? So McDonald's factors the cc fees into its prices. Not rocket science.
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lbstuff
lbstuff@lbstuff_laura·
It's not cost-less. If everyone has to pay with a credit card to buy goods & services, guess what? Those goods & services are more expensive! So that cashback *some* people with excellent credit scores get is like being robbed of $10 and then the robber gives you $.50 back. 3/3
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lbstuff
lbstuff@lbstuff_laura·
There are banks and card networks (Visa, Mastercard, AmEx) making a KILLING on being middlemen and draining merchants of their revenues. They give SOME of it back to consumers so that consumers *happily* pay with a credit card... 2/?
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lbstuff
lbstuff@lbstuff_laura·
@WClicked @metapata @nonsensecamp @APompliano No -- point is that BOTH the customer and merchant use $$$. Strike converts the $$$ to bitcoin so that it travels on the bitcoin network. But both sides can use dollars.
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lbstuff
lbstuff@lbstuff_laura·
@brianboland @APompliano Not only will prices improve, but more merchants can stay in business bc margins won't be so tight. Can hire more employees, or spend more money on product development. If this actually gets adopted it could be transformative. Remember 3% of revenue is a lot higher % of profit.
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lbstuff
lbstuff@lbstuff_laura·
@brianboland @APompliano Immediate benefit is not having to deal with the frustration of trad banks just to pay electronically at a store. But bigger transformation is on merchant side. When merchants aren't paying 3% of gross REVENUE (ie a higher % of profit) to a card network, prices will improve.
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lbstuff
lbstuff@lbstuff_laura·
@meatportmusic @APompliano You don't have to, you can use dollars and the merchant gets dollars. It travels via bitcoin network.
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lbstuff retweetledi
OOPA
OOPA@oopa_nft·
Dear APA fam' today's door bears a TRIPLE giveaway 🎅🏻🎄 Every APA needs a cosy home @AvalancheHomes🏡, during this season a snowmen should decorate the front garden w/ @SavageSnowmen⛄️ and for the extra adrenaline we go for a race with @DcrcAvax🏎. Who is in? RT, APA only🔺
OOPA tweet media
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