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Madeleine Charity
@mads367
1/ How blockchains simplify transactions 🤝 Moving money onchain is strictly better alternative to the offchain status quo. It's cheaper, faster, 24/7 programmable, and more and more of the world is starting to realize. Today's blog post from @privy breaks down how crypto payment rails work 👇
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Madeleine Charity
@mads367
2/ Making a card payment today is far more complex than most people realize. It's a 7+ step process coordinating multiple banks over several days on a stack that's been around since the 1960s. Given all the complexity, merchants only see ~97% of the transaction value.
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