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Not sure about the security sandbox, but given that paddle.com (your payment provider) takes 5% cut you could consider accepting lightning (bitcoin layer2) paym
by littlecranky67 9mo ago
Not sure about the security sandbox, but given that paddle.com (your payment provider) takes 5% cut you could consider accepting lightning (bitcoin layer2) payments. QR code generation for lightning invoice is instantaneous just as payment, and will cost less than 0.1% fee (payer pays fee anyway). But the security sandbox should be solid, else it will be used for illegal stuff.
- znpy 9mo ago> you could consider accepting lightning (bitcoin layer2) payments. uh? i lost interest in bitcoin a few years ago, did bitcoin get actually usable for payments ?
- kelnos 9mo agoNot really. I mean, I guess the lightning stuff makes it settle/confirm faster than doing an on-chain transaction, but bitcoin as a store of value is still essentially gambling. So you'd want to immediately sell it and convert it to USD (or a stable coin, I guess), and presumably you're incurring fees at whatever exchange you're using. 5% for paddle does sound like it kinda sucks, but I feel like any lower fee you'd end up paying with bitcoin would get eaten up by complexity, annoyance, and currency conversion risk.
- littlecranky67 9mo agolightning also works for USDT, if you prefer that.
- nh2 9mo ago> 5% for paddle does sound like it kinda sucks Don't underestimate the benefit of it doing international VAT collection and payment. Especially for small amounts.