Farcaster

I think the challenge with onboarding normies is that there is just way too much to learn. There are too many concepts to understand to use crypto safely. 

I casted before that I got a hotel in Panama to accept crypto for the first time. I set them up with Coinbase wallet and sent the money there. USDC on base. Pretty easy.

But then how can they off-ramp? So we needed to setup a Coinbase account where they could add their bank, kyc, and off-ramp. 

It got really confusing explaining the difference between a wallet + key vs their Coinbase account + password. 

They still haven’t even added their bank because it requires 2FA- but there isn’t service here. So they have to leave to go into town to find service just to get their SMS code to initially login to Coinbase.

So then I explained passkeys can help with that. 

Besides even setting up a wallet and an off ramp mechanism, they asked how can they accept more crypto in the future. I had to explain Stablecoins…

𝓵𝓲𝓿𝓲𝓷𝓰 𝓽𝓱𝓮 𝓮𝓷𝓭𝓵𝓮𝓼𝓼 𝓼𝓾𝓶𝓶𝓮𝓻 • building @buoy 🛟 • skeet.build • pfista.com

Onboarding normies to crypto is challenging due to complexity. Setting up off-ramp and explaining concepts like wallets, keys, and Stablecoins can be overwhelming