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Swan Signal Live - A Bitcoin Show
Parker Lewis | Merchant Bitcoin Adoption | EP 128
Oct 14, 2023
Parker Lewis, an expert in Bitcoin adoption, discusses the problems with payments and merchant adoption of Bitcoin. They explore why Bitcoin is not a hedge and the potential for it to become a global reserve currency. The conversation also covers reducing friction for Bitcoin adoption, a case study on hyperinflation, and preparing for the future with Bitcoin.
01:14:52
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Quick takeaways
- Bitcoin adoption as a medium of exchange requires user-friendly payment solutions for merchants.
- Understanding Bitcoin's value is crucial for it to serve as an effective hedge against inflation.
Deep dives
Bitcoin as a Store of Value vs Medium of Exchange
Bitcoin is primarily used as a store of value, but there is a growing shift towards using it as a medium of exchange. The podcast discusses the future of Bitcoin payments and how the transition from store of value to medium of exchange can be achieved. Parker Lewis, the head of business development at Zappright, shares insights on the importance of making Bitcoin payments more accessible and user-friendly for merchants and customers. He highlights the need to diversify risk away from the traditional banking system and the advantages of receiving Bitcoin payments for businesses.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode