Filadelfo
@filadelfo
374 Following
191 Followers
0 reply
1 recast
1 reaction
43 replies
96 recasts
326 reactions
36 replies
116 recasts
437 reactions
34 replies
197 recasts
755 reactions
1 reply
15 recasts
83 reactions
0 reply
0 recast
0 reaction
0 reply
3 recasts
3 reactions
2 replies
3 recasts
15 reactions
12 replies
96 recasts
605 reactions
1 reply
0 recast
18 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
The lack of reversibility and dispute resolution is a key tradeoff with crypto payments, because blockchains can only parse strict objectivity. This is the
main service that banks, Visa, Mastercard, PayPal etc sell - the tech is very simple and easy. The only "solution" is to add similar traditional subjective layers on top. Given a majority of real-world consumer crypto payments happen through USDT on Tron via Binance/CEXs, "decentralization" is obviously not the value proposition, rather accessibility to US Dollars, so this may be an avenue worth experimenting with.
As for non-custodial - definitely important to evolve on even if it'll always be a niche userbase. Some low-hanging fruit are mandatory double-checking of addresses, human readable and savable addresses, blacklists of fraudulent addresses, an escrow/undo period, etc can help greatly. These are the common failure cases in traditional payments, and at least anecdotally in crypto too 5 replies
5 recasts
117 reactions
0 reply
0 recast
0 reaction
1 reply
0 recast
1 reaction
0 reply
1 recast
0 reaction
