Organic MOE use will only happen in my opinion whenever merchants start wanting Bitcoin more than they want fiat.
We're otherwise placing the blame o...
Organic MOE use will only happen in my opinion whenever merchants start wanting Bitcoin more than they want fiat.
We're otherwise placing the blame on consumers though, am I right? I don't think you can force the individual buyer to spend Bitcoin when spending fiat is so much easier, and we certainly cannot hope for Bitcoin to dramatically rise in use as a medium of exchange because a few bitcoiners here and there feel guilty for not spending it.
For me the question is: what is to be done for more merchants to start wanting to accept Bitcoin, maybe even offering a discount for paying in sats? What are the blockers? Are they technical/psychological/legal/fiscal in nature? If these issues can be solved, then consumers will simply start paying in sats more and more, but they're not the drivers of this solution.