there's gotta be a way to abstract on/offramping so you can just connect smart wallets and spend directly from your bank and when that becomes real you'll be able to control permissions from your bank app instead of your wallet

there's gotta be a way to abstract on/offramping so you can just connect smart wallets and spend directly from your bank and when that becomes real you'll be able to control permissions from your bank app instead of your wallet

https://zora.co/collect/zora:0x5abf0c04ab7196e2bdd19313b479baebd9f7791b/161

Unlock the future of finance with Gnosis Card: a self-custodial Visa debit card 🦉 💳 https://gnosispay.com/?utm_source=farcaster&utm_medium=post

Why not flip the script? I think the legacy/neo banking infra and mindset is too outdated to achieve this. 

So you need a bank that:
Shows USD but actually its already USDC on chain under the hood controlled in a self-custodial way (bye bye fractionalized banking).
Because your bank has a direct credit line with Circle there is no de-peg risk (in the sense they can always redeem 1:1). This makes it way easier to connect other wallets to the bank account and achieve the idea's from your wireframe.

And if you need to send off chain USD to pay rent or send money, the bank takes care of the off-ramping (again Circle business account) + sending it off-chain via the SWIFT legacy system? The latter is kinda similar to what @gnosispay tries to achieve with their Safe Wallet + Card.

Experimenting, Fun, DeFi, Consumer Crypto & Ghouls

I’m 99,9% down on this. The 0,01 is the word “bank” be removed. I need a wallet/vault, no more banks