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A few initial thoughts: - This is a win for the polygon network and USDC adoption - Twitter payouts is a small (in value) but high profile place to start - I
by axg11 4y ago
A few initial thoughts:
- This is a win for the polygon network and USDC adoption
- Twitter payouts is a small (in value) but high profile place to start
- I can see this being great for use cases where your bank might restrict withdrawals based on the activities that resulted in the payout
- Stripe should build a crypto off-ramp. It would be a short-term distraction for them but long-term could position them to be _the_ business bank
- skybrian 4y agoI'm unfamiliar with this Twitter feature. Who is using it to make money?
- Teletio 4y agoWhy would you say twitter is a high profile place? I'm lost on this. I never seen ads on Twitter and only read it to see if someone really posted whatever news side is posting a tweet.i have never seen anything being driven by twitter
- wollsmoth 4y agohuh? it's used by hundreds of millions of people. I see ads all the time on my feed.
- miketery 4y agoHow does polygon generate revenue off this? Or is the idea that there is more liquidity therefore more opportunities on said network which may generate revenue. I think the latter is fine. But curious with the former if there are associated transaction costs.
- chrisco255 4y agoWhenever an on-chain transaction occurs, MATIC, Polygon's native token, must be spent. It's usually pennies per transaction, but it adds up.