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But you can't send $0.01 instantly and anonymously with bank rails. The solution is to use a crypto exchange on crypto rails - just not a regular crypto wallet

by pants2 3y ago

But you can't send $0.01 instantly and anonymously with bank rails. The solution is to use a crypto exchange on crypto rails - just not a regular crypto wallet (you could, but perhaps not very user friendly)

_heimdall 3y ago
Isn't that just turning the exchanges into unregulated banks?
- pants2 3y ago
  Many exchanges are regulated, but maybe not as banks. But yes you're trusting that exchange with your money. If used for web-micropayments it shouldn't be much of an issue though.