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To some extent crypto too. HN constantly shits on me for saying I use crypto for this purpose, but there are vendors in the US I legitimately use crypto for be
by notch656a 4y ago
To some extent crypto too. HN constantly shits on me for saying I use crypto for this purpose, but there are vendors in the US I legitimately use crypto for because it is the only low-fee way for me to send something that will clear in under 30 minutes.
- brewdad 4y agoMost pot dealers will take cash. ;-) Seriously though, what kind of vendors are you finding crypto useful for that no other payment method can match or beat? I haven't found a single need for crypto in my life, aside from pure financial speculation. Maybe I just don't run in the right circles.
- notch656a 4y agometal bullion. If you have free wire transfers, some of the time it might clear as fast for cheaper, but then again usually not and none of my banks offer free wires. Most bullion dealers charge absurd markups for cards because people will steal credit cards or paypal account and drain it buying metals, which means the fraud premium for credit is sky high. Crypto is irreversible so you don't get stuck paying insurance premiums for fraud you're not engaging in.
- bobthepanda 4y agoFunny enough, the pot shops really embraced BTC in their infancy because anything to reduce cash was good (banks will not touch them due to the federal gov‘t), but they‘ve all since dropped it due to volatility being too expensive to deal with.
- deleted 4y ago[deleted]