Lol nobody gonna want to use an extremely volatile currency as payment processor. Rest of the world just needs to implement system similar to PIX from brazil.
one with… fuck, last i checked (a while) something like $40 transaction fees. vs 3% to $3.50 transaction fees. Can’t remember which, i’m trying to fall asleep and remembering will wake me up…
Crypto isnt a payment processor, and it has no backing as a currency except current social agreement (yes thats most money but issued currencies are backed by central authorities) and it basically exists for ponzi schemes. Its so insanely volatile that its not for every day people.
That’s not even mentioning that its sole value is to convert back into regular backed currency.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates.
(Submissions should be from the original source if possible, unless from paywalled or non-english sources.
If the title is clickbait or lacks context you may lightly edit the title.)
We have that, it’s called crypto and everyone seems to hate it.
Lol nobody gonna want to use an extremely volatile currency as payment processor. Rest of the world just needs to implement system similar to PIX from brazil.
one with… fuck, last i checked (a while) something like $40 transaction fees. vs 3% to $3.50 transaction fees. Can’t remember which, i’m trying to fall asleep and remembering will wake me up…
Crypto isnt a payment processor, and it has no backing as a currency except current social agreement (yes thats most money but issued currencies are backed by central authorities) and it basically exists for ponzi schemes. Its so insanely volatile that its not for every day people.
That’s not even mentioning that its sole value is to convert back into regular backed currency.