4 ms·
I don't think they were making that argument, more that websites don't usually take cash anyway. (Can't imagine pornhub selling gift cards at the supermarket c
by incone123 3y ago
I don't think they were making that argument, more that websites don't usually take cash anyway.
(Can't imagine pornhub selling gift cards at the supermarket checkout next to the App store ones)
- walterbell 3y agoIn North America, retail stores often sell prepaid Visa cards that can be used both offline and online. NYC cashless ban law exception allows a fee-free machine to convert cash to prepaid digital payment mechanism, e.g. stored value card. US Coinstar kiosks offer fee-free conversion of coins to Amazon and other gift cards.
- SoftTalker 3y agoPrepaid VISA doesn't get around the payment processor refusing to handle transactions for certain businesses though. Maybe EFT (e-Check) or Zelle does? It's still on line and tracable but is not going through card processor networks.
- renewiltord 3y agoInteresting. We could probably sell cards with crypto on it with immediate resolution by simply transferring the passphrase/wallet rather than on the chain. Could do it with pure stablecoin.
- landemva 3y agoA bitcoin bearer instrument. Like this https://opendime.com https://opendime.com
- walterbell 3y agoTexas has proposed a gold-backed digital currency, https://news.ycombinator.com/item?id=35866856 https://news.ycombinator.com/item?id=35866856 > The comptroller would also be required to create a mechanism that would allow the new gold-backed digital currency to be used by citizens for their daily transactions. “In establishing the digital currency the comptroller shall establish a means to ensure that a person who holds the digital currency may readily transfer or assign the digital currency to any other person by electronic means.”