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jesse.base.eth 🔵
@jessepollak
I'd love to see someone build and scale onchain payments for cannabis businesses on @base. it's unbelievable that we've legalized across the country, but small businesses and consumers are treated horribly by the existing financial system. time to upgrade the system.
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Brent Fitzgerald
@bf
Challenge is that it’s both capital intensive and difficult to form and keep banking relationships. So even if, say, a cannabis merchant accepted payment onchain, unless the rest of the ecosystem is also onchain, they’ll need to offramp in order to make their next purchase or pay their employees.
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Brent Fitzgerald
@bf
Which does have me wondering how one might best identify economy segments that are well suited to a change in base currency. If you were to draw a graph of all vendor/customer relationships, you’d be looking for clusters that are more isolated. Almost like old company towns that were paid in scrip.
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