During the BTC Prague event, Ethan Rose, founder of Pouch, a Bitcoin Lightning Network wallet service in the Philippines, discussed the state of Bitcoin adoption in the country. Rose's team has onboarded 250 businesses on the island of Boracay and 400 businesses in the country, promoting Bitcoin adoption by offering merchants a way to attract new customers.
However, Rose acknowledged the difficulty of introducing Bitcoin to people and the risk of businesses not getting any sales if there are too many stores accepting Bitcoin in a single area. He emphasized the importance of providing a good experience for merchants to ensure their continued participation in the Bitcoin ecosystem.
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