Value for Value ⚡️


Episode Summary

support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 111BLOCK: 807660PRICE: 3833 sats per dollar TOPICS: circular economies, grassroots adoption, "stable coins"nostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:02:09) Circular economies and the reality of building bitcoin products(00:05:11) Merchant demand for bitcoin payments(00:09:33) The importance of merchants accepting bitcoin(00:34:41) Discussion about the stability of fiat coins and the risk of centralization(00:45:22) The potential value of stable solutions on bitcoin and reducing the risk of Tether failure(00:53:21) The scarcity of bitcoin and the importance of considering opportunity cost
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  • I mean, do you realize how big fucking Tether is? Like, if Tether goes down, there's gonna be a lot of users that are just never gonna trust a stable balance again.
  • More Bitcoiners should be building healthy businesses. They need to be thinking about customer needs and customer problems before providing solutions to them.
  • I think it's gotta it's gonna come ultimately from the merchants.
  • Bitcoin is the scarcest asset that we've that has ever existed, period. People do not appreciate the scarcity.
  • But, yeah, I think that starts as, like, 1% discount for paying in Bitcoin, 2% discount, whatever, and eventually gets to, like, I only take Bitcoin here, like, keep your dollars at home.