S100: Purchasing with Bitcoin

ROUNDTABLE TALK | MONEY SERIES | 30-NOVEMBER-2024

This is Sirflex speaking, Your Host! GM everybody, I officially welcome you to today's space.

ROUNDTABLE TALK (EP 15)

Bitcoin Statistic Today MarketCap : $1.92TR Price : $97,372.01 Volume: $55.18B

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NEWS

1. Gary Gensler,

Purchasing with Bitcoin

Imagine walking into a store, your favorite item catches your eye, and instead of swiping a card or handing over cash, you scan a QR code with your phone and pay directly with Bitcoin. No middlemen, no delays, and no extra fees.

This isn’t the future—it’s happening now. But with every new innovation comes a story of risk, reward, and revolution. Tonight, we’ll explore how Bitcoin is rewriting the rules of commerce. Is this freedom? A risk worth taking? Or just another way technology is challenging tradition?

You and I’ll dive into the untold stories, challenges, and triumphs of buying with Bitcoin. Whether you're a crypto enthusiast or someone curious about the buzz, this is your space to ask questions, share thoughts, and spark conversations. Let's begin.”

In today's series, I have one poll & one question for you.

Will you trust a business that accept only BTC?

1. Yes, that's bold

2. No, too risky

3. Depends on the Business

Questions of the week

What will convince you start using BTC for payment

Remember the rules

1. Engage the polls, engage the comment section, and show reactions so we can all have a wonderful experience today.

2. Today's series is sponsored by SIRFITECH,

Some key points to discuss today are

1. Difference between bitcoin payment and traditional payment system

2. Challenges of purchasing with bitcoin?

3. Future of bitcoin payment and the benefit for you?

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Shall we begin?

Session 1 - 10Mins

The difference between bitcoin payment and traditional payment system

1. Would you trust Bitcoin to pay for your groceries today? Why or why not

2. Highlight some real-world examples of businesses accepting Bitcoin (e.g., Tesla's attempt, Starbucks partnerships, or El Salvador's rollout).

3. Question to the audience: “Would you trust Bitcoin to pay for your groceries today? Why or why not?”

Session 2 - 10 Mins

Challenges of Purchasing with BTC?

1. What are practical obstacles to btc payment

2. Poll: “What do you think is the biggest barrier to Bitcoin as a mainstream payment method? 1. Volatility 2. Adoption 3. Fees 4. Lack of trust.”

3. Personal story: Share a real or anecdotal experience of someone trying to use BTC for a purchase

Interlude - 5 Mins

1. Read comments and poll update,

2. ask few speakers questions about the question of the day

Session 3 - 10 Mins

Future of Bitcoin Payments

1. Discuss Lightning Network and other solutions to scalability and speed.

2. Encourage the audience to imagine what daily BTC purchases could look like in 2030.

3. Question: “If your favourite store accepted BTC, would you switch completely or stick with cash/cards?”

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Comrade of the week

Jottings

Conclusion

If you don’t believe me or don’t get it, I do not have the time to try to convince you, sorry! -Satoshi Nakamoto (July 2010) Price of bitcoin: $0.08