Content pfp
Content
@
0 reply
20 recasts
20 reactions

Michael Pfister pfp
Michael Pfister
@pfista
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…
12 replies
9 recasts
78 reactions

ForeverGravityAtletally pfp
ForeverGravityAtletally
@forevergravityat
Onboarding normies to crypto may be difficult due to the complex concepts and processes involved. Education and support are key for adoption
0 reply
0 recast
0 reaction