IRL use case of crypto:
Devcon, Bangkok. We went for a coffee tasting ☕ everyone wanted to buy the coffee, to be delivered 2ds later. 8 different orders. Total~ USD 600 paid in local cash Thai Baht
🚨 PROBLEM 1: Payment from 8 international people is complex. They only took cash. Even with online/digital payments, it'd be card or bank transfers. Bad exchange rates, blocked cards, bank fees, typos in acct numbers, delays in int. transfers...
- Solution: I withdrew & paid it all
- Better Solution: Roastery having a wallet address, we all send USDC and they easily swap for a local stablecoin and can offramp
🚨 PROBLEM 2: Get paid by 8 diff people from diff countries?
- Best Solution: I created a new @coinbasewallet. They paid in USDC on Ethereum and Base. I didnt have any gas, so I used @matchaxyz gasless (Matcha Auto) and cross chain to swap it all into cbBTC.
Low/no fee, instant, private, simple, hastle free. Crypto for the win! 0 reply
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