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beast.eth 🎩 pfp
beast.eth 🎩
@beast.eth
A friend of mine recently told me crypto has no real use case. Here's what happened next that blew his mind: Crypto is cheaper than banks, I explained. 👇
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beast.eth 🎩 pfp
beast.eth 🎩
@beast.eth
To prove it, I broke down the costs: For a $1,000 transaction using a credit card: - Merchant pays 2.9% = $29 - Fixed fee = $0.30 - Total credit card fee = $29.30
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beast.eth 🎩 pfp
beast.eth 🎩
@beast.eth
For a $1,000 transaction using USDC on L2 like Base: - Merchant pays $0 - Payee pays $0.07 That's 99.7% cheaper. 🔥
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thej0n 🎩🔵🍖🍌🐘🤝 pfp
thej0n 🎩🔵🍖🍌🐘🤝
@thej0n.eth
Yeah or try to transfer a lot of money to say Sri Lanka or Phillipines or something.. It will take a week and cost you 100’s of Dollars..
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