• Corkyskog
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    8 months ago

    Why would a merchant accept a currency as payment if they know it will be worth less when they go to spend it?

    • mindbleach
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      8 months ago

      Because the alternative is not getting paid.

      There’s a wide variety of legal things that people want to pay for, where credit cards will tell you to pound sand. Remember when OnlyFans considered banning NSFW content? Yeah, the Visa / Mastercard duopoly pulls that shit with every website that’s mildly gross. Same impetus as advertisers creating censorship by not wanting to be associated with whatever they’ve shoved their way into.

      I was really hoping Bitcoin would get around that shit. But despite line going up - do you see many merchants accepting it, nowadays?