{"type":"rich","version":"1.0","title":"Prashanth wrote","author_name":"Prashanth (npub1z3…f9gxr)","author_url":"https://nostr.now/npub1z3xsj7reuyjwvvm5g64ft5ju8u0x6jgskdd3u9dswrzxd7yt7dws6f9gxr","provider_name":"njump","provider_url":"https://nostr.now","html":"A coffee shop wants to accept Bitcoin and receive euros. Sounds simple, but it isn't.\n\nHere's the gap 👇\n\nIn the EU, self-custody is the sane way for a business to accept Bitcoin payments. Routing customer payments into a CASP's custody is a compliance headache you don't want.\n\nGreat if you're stacking Bitcoin on your balance sheet.\n\nBut most businesses want something else: accept Bitcoin, settle in euros. No volatility on revenue. Predictable numbers for the accountant.\n\nAnd honestly – it's better payment infrastructure. Cheaper than card rails even with a standard off-ramp fee. No chargebacks. Euros in the bank in seconds, not days.\n\nSo the flow looks obvious: Bitcoin → your own wallet → licensed euro off-ramp. And since it's your own verified wallet, even the 1k euro transfer rule stops being a blocker.\n\nNow the huge but.\n\nWho signs the forward transaction?\n\nDeposit and sell manually every time – that's not a payment experience, that's a part-time job.\n\nLet a third party sign for you – the moment someone else can move your funds, that's custody. Custody needs a CASP license under MiCA. Travel rule and all. You're back where you started.\n\nFor merchants running their own BTCPay server, we built a plugin that auto-forwards to euros while the keys stay with the merchant. Here's a demo: https://youtu.be/CQgmo2v9KG0\n\nBut the coffee shop doesn't run a BTCPay server.\n\nThat's exactly what we're building at Bringin – accept Bitcoin, settle in euros, dedicated IBAN, clean exports for your accountant. Without anyone but you touching your keys.\n\nWe're seeing the demand firsthand. One step at a time ⚡"}