• 0 Posts
  • 56 Comments
Joined 2 years ago
cake
Cake day: July 1st, 2023

help-circle

  • Crypto has serious weaknesses on the payment processing side of things when it comes to small to medium business purposes.

    Not to mention your still beholden to the traditional payment processors the moment you want to get your money out of crypto and back into an actual usable form.

    Crypto is great. As long as you stay within its ecosystem the moment you need to sit on the line where you’re transferring in and out real money to crypto crypto to real money on a small scale with frequent processes. You just end up right back where you started.

    Visa, MasterCard, PayPal and many others have already made sure to have methods to put pressure on that middle link between crypto and real money. So even if you try and sidestep them, don’t worry. They’ve thought of it too.


  • Good fucking luck with that.

    The problem is platform agnostic. You basically can’t have digital payments with out visa,MasterCard,PayPal. Even other payment processors are mostly beholden to them cause they are using parts of their networks.

    And trying to go only crypto to by pass this problem will just result in the death of a platform. Crypto is still decades away from being viable for anything out side of large purchases or investments.

    The payment processing side of crypto is extremely weak to do something like this.












  • It is not the creators job to dictate how their invention will be used. For they can do nothing at all to control their invention once released to the masses.

    All they can do is either adapt and make their invention better for those that have adopted it

    Or watch it die to the annals of history fighting for their vision fruitlessly and helplessly

    The only question is, was the invention for yourself shared freely or made for others to profit from or help others.

    If it’s for yourself and only yourself then jt matters not what others do. You should not change to adapt and be happy with your work for the sake of it.

    If it’s for the help of others or profit then to try to enforce your will is folly and only makes your invention worse and harms others. A net negative.

    This is why no matter what some claim the downvote may be. The fact is it is a disagree button and not adapting the system to that fact only makes everything and everyone else’s life harder and worse who has to deal with it.