bad-takes

Tell me why I'm wrong: 

Ethereum L1 or L2 gas fees make micropayments too expensive for everyday consumer apps. 

Less frequent payments? Sure. But 10x a day? No.

Perhaps L2s will eat into the market share of those 3.5% card processing fees on bill payment websites

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

Ever since I discovered Ethereum, I've wanted bills to come with a QR code with a URL for 1-click payments

Also good point, we're basically spending $100-200/mo on card processing. Who knows how much more is extracted if we include ~0% interest rate returns on checking accounts, overdraft fees, other bank shenanigans.