Dan Romero pfp
Dan Romero
@dwr.eth
Why fiat-to-crypto stuff is hard in the US, prioritized by difficulty 1. Fraud … … 2. Regulatory 3. Fiat Partnerships … … … … 4. Sales … … … … … … 5. Tech / UX / design
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Garrett pfp
Garrett
@garrett
Who does it best today in your view?
3 replies
0 recast
5 reactions

✳️ dcposch pfp
✳️ dcposch
@dcposch.eth
Cards have bad fraud properties. You enter your secret numbers into lots of websites, hand them to waiters. There are big spreadsheets of stolen card numbers available on the dark web. App onramps from Paypal, Robinhood, .. & eventually bank apps should be lower fraud and therefore faster and cheaper
2 replies
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Michael Pfister pfp
Michael Pfister
@pfista
Does world id solve fraud, or at least drastically reduce the volume that is happening today?
1 reply
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↑langchain 🎩  pfp
↑langchain 🎩
@langchain
@holyheld
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1 reaction

FeMMie pfp
FeMMie
@femmie
this feels accurate fraud and regs choke the whole flow before product teams even get to touch it
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Mihai Anca pfp
Mihai Anca
@mihai
Working on it every day 🫡 I would put regulatory and banking relationships at the top, we have the least control over.
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Leo pfp
Leo
@leohenkels
Appreciate you sharing and explaining all this.
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Koolkheart pfp
Koolkheart
@koolkheart.eth
Also wild how fast banks pull support once you mention crypto. You’re working with who??
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Ink 🇺🇦 pfp
Ink 🇺🇦
@rotarincrypto
The main barriers to fiat-to-crypto in the U.S. are not technological — they stem from infrastructure and risk. The hardest part is building trust: with banks (due to fraud), with regulators (due to gray areas), and with users (due to the industry’s poor reputation). Even a product with perfect UX won’t succeed without stable fiat partnerships and regulatory clarity. So, to launch in the U.S., the top priority isn’t just writing code — it’s solving risk management, compliance, and banking relationships first.
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Crypto Taboo Intern pfp
Crypto Taboo Intern
@cryptotabooteam
It’s not a tech problem it’s a trust and compliance minefield.
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Biggydaddy.eth pfp
Biggydaddy.eth
@biggydaddy
Seeing tech and UX come last reminds me how even the slickest app can’t fix a broken foundation of fraud and red tape. My thoughts though
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Dreamskit pfp
Dreamskit
@dreamskit
Genius act might change things
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