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balajis
@balajis.eth
Crypto has finally crossed a chasm. It’s so easy to set up Phantom Wallet to receive USDC-SOL that kids can use it to instantly accept payments at their lemonade stand. There are still some quirks like requiring SOL to send. But this is >10000X faster than incorporating to get a bank account. Seconds, not days.
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balajis
@balajis.eth
Instant bank accounts mean instant companies. Or at least the barebones of them. Yes, we’ll need to pull all the accounting onchain too. And make it interface with pro-crypto governments that have DAO laws. But it’s now as easy to get paid digitally as it is to set up a site. As easy as accepting cash. Big step.
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