Dan Romero
@dwr.eth
AMA
208 replies
210 recasts
846 reactions
zach roth
@zachroth.eth
what is an actual killer consumer use case for onchain that you think will break into the mainstream/normies for REAL, beyond speculation?
1 reply
0 recast
7 reactions
Dan Romero
@dwr.eth
Payments and credentials
1 reply
0 recast
20 reactions
Vitalik Buterin
@vitalik.eth
What is the payments use case where crypto has the strongest durable advantage?
4 replies
1 recast
13 reactions
Dan Romero
@dwr.eth
I'm a big believer in the @balajis.eth barbell idea: crypto is really good for extremely large and small payments. I think extremely large payments are less frequent, so on total volume / people impacted pov, I would imagine frequent, really small payments is more likely to be something that crypto does well. Also bullish on the idea that AI agents will transact in / prefer crypto.
4 replies
1 recast
34 reactions
Haole
@haole
Base chain transactions cost only a few cents, while most payment SaaS platforms charge a percentage of the transaction amount. There must be a business opportunity for this.
2 replies
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Dan Romero
@dwr.eth
Challenge is most consumers in developed countries already have card payments and that's a habit. Hard to break.
6 replies
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Mac Budkowski ᵏ
@macbudkowski
On the other hand, people can do some extra steps to get a better deal (see: airline cards). So maybe Miles&More-like alliance that would give you discounts/free stuff for using onchain payments might work
1 reply
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Dan Romero
@dwr.eth
Those deals are funded by interchange % + the % of customers who have a high interest loan.
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Mac Budkowski ᵏ
@macbudkowski
So e.g., VISA gets $ from people with outstanding balances and shares this money with an airline that subsidizes the deals?
1 reply
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Dan Romero
@dwr.eth
Visa doesn’t do this. The banks do.
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