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Even if OF could accept crypto, they'd still need an off-ramp back into fiat. They can't operate only on crypto, even just stablecoins, which is itself the indi
by smt88 5y ago
Even if OF could accept crypto, they'd still need an off-ramp back into fiat. They can't operate only on crypto, even just stablecoins, which is itself the indictment of crypto.
- Tenoke 5y agoThere's plenty of services for that - e.g. Coinbase has an enterprise one for that use case.
- arebop 5y agonope, not for adult content/services https://commerce.coinbase.com/legal/terms-of-service-2021-08/ https://commerce.coinbase.com/legal/terms-of-service-2021-08...
- Tenoke 5y agoOkay, that seems much worse than OF since there's no chargebacks or anyone over them for it to be an issue.
- tommymachine 5y agoIt's not about chargebacks its about sex trafficking liability
- flatline 5y agoBut if coinbase doesn’t want to be associated with OF, they no longer have that avenue.
- smt88 5y agoThey need a bank no matter what. They can't do payroll in stablecoins.
- anonu 5y agoAh.. DeFi only exists because of CeFi.
- smt88 5y ago"only exists on top of CeFi" is another accurate way to put it