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BTC map is a badly implemented concept that becomes obsolete the moment btc gains any significant (over 5%) adoption among merchants. Square will kill any use for BTC map when this goes into effect. Adding square merchants to BTC map automatically will kill it even harder and make it entirely pointless. I say this as a square merchant already on BTC map.
Exactly. That being said, what really needs to happen is a nostr based Google maps competitor that links physical businesses to their nostr profile. That's what's gonna stay after there's no use for a bitcoin map anymore. If you look at my profile, I opened a PR for a nip to enable just that. Gonna try to rework it at some point into having its own kind, but a google maps alternative with all the businesses on it, directly linked to the businesses social media account would be killer. Currently most small businesses have a Google account for maps, then an Instagram account for a real social media profile, and usually a doordash + UberEats + grubhub (or amazon + eBay + own website) for online ordering. Its a major PITA to create a menu, then recreate it all on your Google profile, then again for doordash. Likewise, let's say you take a nice pic of a product. You have to upload it to Google and Instagram separately. It would be absolutely amazing to show up on Google maps, then the customer can click on your store, opening up your insta profile. Every client showing the side of your business it wants, but no duplication of the same data type across various apps. That's what can be made with nostr and a universal identity. Its only half a win if every business accepts bitcoin, but their entire digital footprint is scattered across a bunch of terrible companies taking a cut or farming your customers data and inconveniencing everyone to do so.
Why would I be destroyed when they agreed with me? I appreciate and use their app for what it is: an affinity marketing platform towards bitcoiners. It doesn't do much else and doesn't try to be anything greater. It wouldn't serve anyone to put 4 million square merchants on it. No one using the app is trying to spend their bitcoin at a company that doesn't know what it is and has it automatically sold off and converted to fiat. They want to find other bitcoiners to patronize. Auto adding 4 million square merchants would just turn the app into a square merchant map with no relation to bitcoin.
Karadenizli's avatar Karadenizli
Exactly. That being said, what really needs to happen is a nostr based Google maps competitor that links physical businesses to their nostr profile. That's what's gonna stay after there's no use for a bitcoin map anymore. If you look at my profile, I opened a PR for a nip to enable just that. Gonna try to rework it at some point into having its own kind, but a google maps alternative with all the businesses on it, directly linked to the businesses social media account would be killer. Currently most small businesses have a Google account for maps, then an Instagram account for a real social media profile, and usually a doordash + UberEats + grubhub (or amazon + eBay + own website) for online ordering. Its a major PITA to create a menu, then recreate it all on your Google profile, then again for doordash. Likewise, let's say you take a nice pic of a product. You have to upload it to Google and Instagram separately. It would be absolutely amazing to show up on Google maps, then the customer can click on your store, opening up your insta profile. Every client showing the side of your business it wants, but no duplication of the same data type across various apps. That's what can be made with nostr and a universal identity. Its only half a win if every business accepts bitcoin, but their entire digital footprint is scattered across a bunch of terrible companies taking a cut or farming your customers data and inconveniencing everyone to do so.
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Really pleased to hear this! :-) I hope it is enabled by default for all sellers - allowing people to live on a Bitcoin standard that little bit easier. nevent1qqsrgzpu29ng6l5us8cmh8cuqthk2gj35hs4ksxryv7e69fa7dnuf8qpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg8lfcsk
I'll pillow talk with him.🫂I've heard concerns indeed and that department isn't quite giving the "Bitcoin (ethos) company" vibe. I think Jack might have to step in a bit more and do some clean up and reorganization there. As far as I know he's been given feedback and reflections straight from within. Old paradigm corporate culture with its layers of power structure hierarchoes and egocentricity is a sluggish toughy to reshape.
Not sure why you think he'll listen. All he's done is mock those who call him out on this and he has given no logical or rational explanation as to why BIP 177 will cause a reduction in confusion and help promote understanding of bitcoin. This false narrative he's trying to push seems like just another corporate manipulation tactic he's using to help promote Bitkey, which is already getting a fairly large amount of negative reception. Also, saying that the implementation of this particular line of thought will make it easier for others to understand bitcoin just shows how little faith he has in human intelligence.
I thought you were referring to the seedless is safer phrase. Now you are talking about BIP 177... ? Are the two related? I haven't done my homework but just in passing I think I am getting the BIP 177 is the proposal to replace sats with Bitcoin's? Or what is it bits? bitties? I personally don't have a strong attachment to either way. Intuitively though I am feeling having Bitcoin become an ubiquitous phrase used in the lexicon of people in their daily transacting might be better for Bitcoin... 🤷🏻‍♀️ And our daily transacting doesn't involve purchases over $100k+... But it is full of many small purchases that would be priced in satoshis. (Is that the argument anyways). Why are you so passionate about this? What's your take? Every corporation gets to have failed products, perhaps. And it makes sense that they will do their best to make it survive and hopefully thrive. But how are the two related?
The two are related. First, seedless being safer is an outright lie. Imagine the security risks of not needing a seed phrase. And BIP177 is an attempt to rebrand satoshis by labeling 1 sat as 1 whole bitcoin. This literally goes against the whitepaper in the first place since their will only ever be 21 million, not 2.1 quadrillion bitcoins. Jack is trying to argue that people aren't smart enough to understand that their are 100 million sats in 1 whole bitcoin. Therefore, regarding this particular aspect, he is not educating the public on anything bitcoin-related, only spreading misinformation. Why I'm passionate... well, that's simple: I don't like the spreading of misinformation for corporate gain. Yep, they do. I was never arguing that. But, making the Bitkey display your sat balance as whole bitcoins will just confuse the public even more, not help them reach a level of better understanding.
turn on bitcoin payments from square pos? no. not that i’m aware of. WoS created a POC to do it. but this would allow merchants to be paid in sats - fully intergrated into the pos system. which would be needed for inventory management and the like to properly run a business