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It's too bad how one of the interesting promises of crypto currencies was to facilitate micropayments. That clearly hasn't been delivered in any sensible form y
by darthrupert 3y ago
It's too bad how one of the interesting promises of crypto currencies was to facilitate micropayments. That clearly hasn't been delivered in any sensible form yet.
- LanternLight83 3y agoYou can use crypto to pay eg. notable VPN providers, or to make all sorts of donations, but one of the issues facing crypto for a service like this is that you can't automate monthly payments (at least, not in a standardized and broadly compatible way). You always need to pay a regular invoice, pre-pay for a long period, or (in the best case) regularly top off a custodial wallet that cooperates with registered services and protégés on your behalf (eg. via some standardized smart-contract that hasn't been widely adopted yet). Stripe can just store your info and bill you monthly, but no one hands over their crypo wallet seed in the same way.