Parker Lewis of Bitcoin payments firm Zaprite highlights that merchants who view Bitcoin as a value store are likely to adopt it for payments, reducing costs like credit card fees and chargeback risks. Businesses initially may price goods in fiat but offer Bitcoin as a payment option, potentially incentivizing Bitcoin use with discounts. Lewis also warns that regulatory moves excluding Bitcoin from money categories could impact its adoption. He critiques Bitcoin treasury companies for creating conflicting incentives and risks with perpetual preferred equity models, emphasizing the need for better custody, security, and payment tools to support Bitcoin's dual role as money and store of value.
The story on Bitcoin payments and merchant adoption is presented here with Pluang's market data for context. For readers following cryptocurrency trends, of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include FIL (Filecoin) at Rp17.283 with a 1-day change of -10.66%, ZIL (Zilliqa) at Rp37 with -9.01%, and SAND (The Sandbox) at Rp966 with -8.71%. This data is as of Oct 23, 2026 04:03 WIB.
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