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I'm a cryptocurrency advocate, but for the average person transacting with crypto is still insanely intimidating and a pain to set up properly. Maybe paying wit
by BitwiseFool 5y ago
I'm a cryptocurrency advocate, but for the average person transacting with crypto is still insanely intimidating and a pain to set up properly. Maybe paying with stablecoins could work but that is still a lot to ask of your users who are accustomed to paying for things with a credit card.
Want to buy something? Open a Coinbase or Gemini account, hook up ACH or wire transfers, wait a week for the deposit to be made, then send 'dollars' to this really long and complicated looking address. If you send it to the wrong address you are SOL.
- jcun4128 5y agoYeah I'm saying you'd have a service that does that for you, moves the money from credit (OF sub) to crypto back to fiat for the user (OF creator). I also realize about costs too... but like with CBP if you transact a lot of volume the fees go down so you could build it up. Well... I guess ultimately you still need that thing between the credit card and the service eg. stripe... idk if the porn thing is like a blanket protection against CP or something?
- BitwiseFool 5y agoI think the most important thing would be wrapping the destination address around an easy to view label. Maybe only allow transactions to trusted/verified addresses for partner companies and services.