2) “Significant” merchant activity in BTC? - Relative to gl…

2) “Significant” merchant activity in BTC?
- Relative to global commerce and card rails: no—merchant BTC payments are niche.
- In absolute terms: there is ongoing activity via processors (e.g., BitPay, OpenNode), BTCPay Server merchants, and Lightning (e.g., Strike, El Salvador), but it’s a small share of total BTC usage, which is dominated by savings, exchange flows, and settlement. I don’t know current precise volumes; public reports and network telemetry consistently show payments are a minority use.