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YB
@yb
yesterday, I don't think I fully appreciated how cool it is that the Merkle team decided to effectively spin up a creator fund and was able to implement it over a few days (anons included) without a single form or signature. No worries about banking infra, currency conversions, payment delays, etc. Youtube first started creator payouts in 2007 in the U.S. Then slowly navigated banking infra in stabler countries (i.e. Australia, Canada) then worked their way over to Europe, India, etc. and by 2015 considered themselves a "global creator fund". It took them 8 years!! Even today, there are so many countries in Africa they simply can't get into their creator $ system because of banking infra. Regardless of whether Warpcast continues the experiment for content quality purpose, it's pretty awesome they implemented this creator fund built on crypto rails as a "quick test".
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Dwayne 'The Jock' Ronson
@dwayne
ok i didn't appreciate it fully either till your cast here... people have always said payments are crypto's killer use case. but that's hard to appreciate, esp if you're in the US, cause there are many convenient options but now when you think of payments at scale and/or dynamic payments, there's no competition
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