yeahhh, that's where i figured i'd lose 99% of people if i tried to take crypto tips. also i don't want to deal with the hassle of converting crypto back to USD lol
lol yeah it's funny blockchain itself seems much more suited to interbank settlements and such vs for micropayments... I know there's a whole ecosystem of stuff built atop Eth etc but like... it's way overcomplicated and tarnished by scams vs CashApp or Venmo is fine for this use case
More notes on nearby ideas
Reply · Aug 6, 2021@expatnouveau @primalpoly @ewarren The trouble is that people in low income countries often have limited internet connectivity, crypto built for them…Reply · Oct 7, 2021@mcorliss Well... It seems like the issue with micropayments is the transaction cost / volume... And currently Bitcoin / Ethereum have pretty high…Reply · May 17, 2023@orisecinc @mwilcox 🤣 why do we need to involve blockchain in the equation?Reply · Jun 13, 2021@mcuban I still don't understand why non-criminals would want to swap highly volatile coins lacking deposit insurance rather than use boomer-bank…