Pierre Simon

Had some "spirited" discussions yesterday regarding stablecoins on #Bitcoin. It’s clear the tension between monetary purism and pragmatic adoption is at an all-time high.

As a consultant advising fintechs on payment rails, I see the ground reality every day: we are fighting for a $32.9 Trillion retail market, yet #BTC Map shows only ~20k merchants onboarded.

Pure BTC is the destination, but for the 99% of businesses facing 5% margins and strict compliance, stablecoins on Bitcoin rails (via Taproot Assets) are the essential bridge. We can’t win the world if we refuse to build the plumbing they can actually use today.

I’ve written an article deep-diving into this schism—balancing the "Sound Money" philosophy with the "Trojan Horse" strategy for merchant adoption.

Publishing the full piece later today. Stay tuned. 🏗️⚡

#Bitcoin #Stablecoins #TaprootAssets #Fintech #Adoption

Just published my latest article on Nostr: The Sovereign Stack. 🛠️

I'm continuing to document my personal and professional journey into Bitcoin, this time breaking down the "How" of my current setup—navigating the gap between self-custody and legacy EU fiat using Bitkit, Speed, and

. I also explore why eCash is the secret to scaling the next billion users and call on our builders to finally give us the "Revolut of Bitcoin."

Full article here: https://yakihonne.com/article/naddr1qvzqqqr4gupzp72yrjv3wlzhdew3leu0qxe4ynthk5td8gd4h8jmdy3g2plm3c23qq24gjtxddr5k6n9t94ku6nc236n2aekgfs4ykqw7zl

P.S. If you've already moved to the eCash layer on Yakihonne, test the plumbing and send a Nutzap my way! ⚡🥜

#Bitcoin #Nostr #Fintech #Sovereignty #Cashu #eCash #BuildOnBitcoin #Compliance

Just published my latest article on Nostr: The Sovereign Stack. 🛠️

I'm continuing to document my personal and professional journey into Bitcoin, this time breaking down the "How" of my current setup—navigating the gap between self-custody and legacy EU fiat using Bitkit, Speed, and

. I also explore why eCash is the secret to scaling the next billion users and call on our builders to finally give us the "Revolut of Bitcoin."

Full article here: https://yakihonne.com/article/naddr1qvzqqqr4gupzp72yrjv3wlzhdew3leu0qxe4ynthk5td8gd4h8jmdy3g2plm3c23qq24gjtxddr5k6n9t94ku6nc236n2aekgfs4ykqw7zl

P.S. If you've already moved to the eCash layer on Yakihonne, test the plumbing and send a Nutzap my way! ⚡🥜

#Bitcoin #Nostr #Fintech #Sovereignty #Cashu #eCash #BuildOnBitcoin #Compliance

GM ⚡️

6:00 AM and back under the iron. Chest and triceps today—building the discipline required for the grind. 🏋️‍♂️

Riding a high from yesterday’s win: officially signed a new major fintech client. Looking forward to navigating the complex maze of EU laws and regulations to get them to market. 🇪🇺⚖️

Starting the day with heavy sets and big goals. Let's get it.

#GM #Fintech #Compliance #ProofOfWork #Fitness #Nostr

Checking out the merchant experience with various Lightning wallets and comparing them to traditional PSPs like Stripe. 💳⚡️

The common narrative is that Lightning is "nearly free" compared to the 2.9% + €0.25 standard in fiat. While generally true, the merchant reality is more nuanced.

I just crunched the numbers on a €10.00 payment:

🔹 Stripe (EEA Card): You pay ~€0.40. You keep €9.60. 🔹 Bitkit (New Channel): Initial setup (LSP + on-chain fees) can be ~$1.05. You keep ~$8.95.

Wait—Bitcoin is more expensive? For the first transaction, yes.

This is the "Self-Custody Tax." To be non-custodial and sovereign (like with @Bitkit), you pay a one-time fee to open a channel. Most merchants want the speed and low fees of Lightning but aren't ready to manage their own liquidity.

The tipping point:

• On a €100 payment, Stripe takes €3.20.
• On a €100 payment, Lightning (once open) takes <€0.01.

We need to be honest about the onboarding "friction" if we want real adoption. If you’re a high-volume merchant, the initial $1 investment in a channel pays for itself in just 2-3 sales. After that, it's 99% cheaper than card networks.

Not every wallet is built for the same merchant. Some prioritize pure sovereignty (Bitkit, Phoenix), others prioritize instant "it just works" convenience (custodial).

The goal for 2026? Making that first channel-open as invisible as a card swipe.

#Bitcoin #LightningNetwork #MerchantAdoption #Payments #Nostr #Fintech