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Solely is because the op wants lower transactions. Giving an answer that would be applicable for 0,01% or less of the cases is just a useless answer. -- The O

Solely is because the op wants lower transactions. Giving an answer that would be applicable for 0,01% or less of the cases is just a useless answer. -- The OP is not a crypto only business. You're examples are similar to crypto investments, which is almost the only thing people would spend their crypto on. It's not shifting when showing that you're answer would not even be applicable to 0,1% of his customers. It's actually showing that your answer was useless in the first place. You think/suggest 'USDC on stellar' even matters, i don't. They all have the same fundamental mistakes. And it's not solely: > high transaction fees, unstable price fluctuations and slow transfers But please give me a realistic estimate for how many people your answer would be useful for the op.

rvz 5y ago
Just a reminder in case you have forgotten what the OP said: >> Say you’re running an online store, selling something digital or physical. >> Is it practical to completely avoid the fees of payment processing companies like Stripe? You: > You're examples are similar to crypto investments, which is almost the only thing people would spend their crypto on. And how does that not count? Because you think it is for 'crypto investments', which you don't like? So.. ..buying a blockchain domain name on OpenSea, Rarible for low fees is 'not practical' then? So I can't make my own marketplace using Shopify's NFT store then? Nor does any of that qualify as 'selling something digital' either in regards to the OP. So Shopify is not 'e-commerce' because they allow you do sell NFTs? So buying limited edition NFT shoes from an online store doesn't count either and they are not 'products'? [0] Given that, is that why you knowingly edited and deleted your comment about the extremely narrow existence of an popular e-commerce business that solely accepts cryptocurrencies for physical products except for the dark web to make a fallacious point that cryptocurrencies are not ever 'practical' for avoiding 'expensive transaction fees' because 'ecoms added support and removed that functionality again' and that means 'There's no interest for buying things' using cryptocurrencies? At the end of this day, week, month and year, these companies have still have not given up on it, Stripe included. Maybe you should desperately ask how OpenSea, Rarible, Shopify, Circle.com etc are still able to do this, since you are having a very difficult time in ignoring it whenever another user asks a crypto-related question on Ask HN. [0] https://rtfkt.com/home https://rtfkt.com/home
- NicoJuicy 5y ago
  Oh no, the most popular product to pay with crypto is gift cards. Which is also popular with fraud. There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. You are ignoring why eg. PayPal became popular: 180 days chargeback. It's also the supplier who pays the transaction fee. The regular consumer doesn't care anything about paying anything with crypto.. I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. You should ask HN if there is any business owner that cares, lol.
  - rvz 5y ago
    > There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. This is the same 'protection' that is open to abuse by users through chargeback fraud or 'friendly fraud' on both Stripe and PayPal in which the merchants will get chargeback fees and their accounts getting closed with tons of fraudulent chargebacks by users, having to fight fraudulent disputes and waiting months for the money to be unlocked by Stripe or PayPal. > I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. This is the problem. Here. on HN. Even when they still care to continue to ask more cryptocurrency questions. Like yourself. Were you the same person that asked about whether if users on HN knew about cryptocurrencies in 2011? Or if you were to ask a generation born in 1910 if they know about how to use the world wide web in 1990? This is exactly the same thing here. You and many others have made it clear that you won't use it. The next generation certainly will. Perhaps this is why several HNers are somewhat out of touch of recent trends these days. > You should ask HN if there is any business owner that cares, lol. I don't need to, the interest speaks for itself. For example on the front page of HN 31st of December 2021: Decent (YC W22) Is Hiring a Senior Full Stack Web3 Engineer You are going to see more of this, like it or not. Are you ready to move the goal posts once again? [0] https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-senior-full-stack-engineer https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-se...
    - NicoJuicy 5y ago

rvz 5y ago

Just a reminder in case you have forgotten what the OP said: >> Say you’re running an online store, selling something digital or physical. >> Is it practical to completely avoid the fees of payment processing companies like Stripe? You: > You're examples are similar to crypto investments, which is almost the only thing people would spend their crypto on. And how does that not count? Because you think it is for 'crypto investments', which you don't like? So.. ..buying a blockchain domain name on OpenSea, Rarible for low fees is 'not practical' then? So I can't make my own marketplace using Shopify's NFT store then? Nor does any of that qualify as 'selling something digital' either in regards to the OP. So Shopify is not 'e-commerce' because they allow you do sell NFTs? So buying limited edition NFT shoes from an online store doesn't count either and they are not 'products'? [0] Given that, is that why you knowingly edited and deleted your comment about the extremely narrow existence of an popular e-commerce business that solely accepts cryptocurrencies for physical products except for the dark web to make a fallacious point that cryptocurrencies are not ever 'practical' for avoiding 'expensive transaction fees' because 'ecoms added support and removed that functionality again' and that means 'There's no interest for buying things' using cryptocurrencies? At the end of this day, week, month and year, these companies have still have not given up on it, Stripe included. Maybe you should desperately ask how OpenSea, Rarible, Shopify, Circle.com etc are still able to do this, since you are having a very difficult time in ignoring it whenever another user asks a crypto-related question on Ask HN. [0] https://rtfkt.com/home https://rtfkt.com/home

NicoJuicy 5y ago
Oh no, the most popular product to pay with crypto is gift cards. Which is also popular with fraud. There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. You are ignoring why eg. PayPal became popular: 180 days chargeback. It's also the supplier who pays the transaction fee. The regular consumer doesn't care anything about paying anything with crypto.. I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. You should ask HN if there is any business owner that cares, lol.
- rvz 5y ago
  > There's literally no sense in buying anything with crypto when you have to give up the protection that you have as a consumer : chargebacks. This is the same 'protection' that is open to abuse by users through chargeback fraud or 'friendly fraud' on both Stripe and PayPal in which the merchants will get chargeback fees and their accounts getting closed with tons of fraudulent chargebacks by users, having to fight fraudulent disputes and waiting months for the money to be unlocked by Stripe or PayPal. > I can ask 1000 people here that i meet and no one will know about USDC on stellar. That won't change either. This is the problem. Here. on HN. Even when they still care to continue to ask more cryptocurrency questions. Like yourself. Were you the same person that asked about whether if users on HN knew about cryptocurrencies in 2011? Or if you were to ask a generation born in 1910 if they know about how to use the world wide web in 1990? This is exactly the same thing here. You and many others have made it clear that you won't use it. The next generation certainly will. Perhaps this is why several HNers are somewhat out of touch of recent trends these days. > You should ask HN if there is any business owner that cares, lol. I don't need to, the interest speaks for itself. For example on the front page of HN 31st of December 2021: Decent (YC W22) Is Hiring a Senior Full Stack Web3 Engineer You are going to see more of this, like it or not. Are you ready to move the goal posts once again? [0] https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-senior-full-stack-engineer https://www.ycombinator.com/companies/decent/jobs/gtwlg2C-se...
  - NicoJuicy 5y ago