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Next time you buy food, remember that's traditional farming system taking money out of your pocket. Seriously, if the whole crypto scene taught us anything, it

Next time you buy food, remember that's traditional farming system taking money out of your pocket. Seriously, if the whole crypto scene taught us anything, it was that a global transaction network isn't an easy service to provide.

jona-f 3y ago
Well i learned a different lesson. It's now extremely easy to set up a global transaction network, or you can choose from one of the thousands of existing ones. Maybe you mean the regulatory aspect, not the technical?
- troupo 3y ago
  > It's now extremely easy to set up a global transaction network, Yup. Wake me up when any of them actually does the amount of transactions Stripe and Shopify [1] do. Real transactions. > Maybe you mean the regulatory aspect, not the technical? "Both. Both is good".gif [1] Their dashboard discussion is here: https://news.ycombinator.com/item?id=38403891 https://news.ycombinator.com/item?id=38403891, the dashboard itself is https://bfcm.shopify.com https://bfcm.shopify.com
- raincole 3y ago
  > Maybe you mean the regulatory aspect, not the technical? Both... but also neither. I meant mostly the marketing aspect. Or for a better word, prestige aspect. People really hate crypto as online cash. Examples: 1. Patreon has held a poll about what new features to add [0]. Crypto was the only feature the creators actively voted against. Note that for creators, crypto means one more way to receive money. 2. My anecdote: I was in a discord group where one member commissioned a short animation from another. They're from different countries and the commissioner couldn't use paypal (for some reason) however. I suggested USDT and explained how to convert it from/to fiat. They ended up using international wire transfer (fee: ~$30). 3. Any HN thread when you mention crypto. [0]: https://news.patreon.com/articles/the-first-ever-patreon-creator-census https://news.patreon.com/articles/the-first-ever-patreon-cre...

jona-f 3y ago

Well i learned a different lesson. It's now extremely easy to set up a global transaction network, or you can choose from one of the thousands of existing ones. Maybe you mean the regulatory aspect, not the technical?

troupo 3y ago
> It's now extremely easy to set up a global transaction network, Yup. Wake me up when any of them actually does the amount of transactions Stripe and Shopify [1] do. Real transactions. > Maybe you mean the regulatory aspect, not the technical? "Both. Both is good".gif [1] Their dashboard discussion is here: https://news.ycombinator.com/item?id=38403891 https://news.ycombinator.com/item?id=38403891, the dashboard itself is https://bfcm.shopify.com https://bfcm.shopify.com
raincole 3y ago
> Maybe you mean the regulatory aspect, not the technical? Both... but also neither. I meant mostly the marketing aspect. Or for a better word, prestige aspect. People really hate crypto as online cash. Examples: 1. Patreon has held a poll about what new features to add [0]. Crypto was the only feature the creators actively voted against. Note that for creators, crypto means one more way to receive money. 2. My anecdote: I was in a discord group where one member commissioned a short animation from another. They're from different countries and the commissioner couldn't use paypal (for some reason) however. I suggested USDT and explained how to convert it from/to fiat. They ended up using international wire transfer (fee: ~$30). 3. Any HN thread when you mention crypto. [0]: https://news.patreon.com/articles/the-first-ever-patreon-creator-census https://news.patreon.com/articles/the-first-ever-patreon-cre...