Hard to overcome the “2-3% back” message to consumers while also cutting the fees for merchants.

Credit card points are a consumer bribe that preserves the credit card system’s hold over payments.

USDC is 10x better for hyperinflation protection and cross border payments.

It’s not 10x yet better for retail payments. I wonder if it can be, and - if not - if we should focus efforts elsewhere.

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I like the new initiative by Base to onboard merchants with usdc. It gave me early square vibes and I think it’s a better product if it’s operated on base with lower fees and fast confirmations.

It’s just a matter of a sustained advertising campaign and I think that’s exactly what Base is now doing. 

If square can do it, so can usdc.

Why hasn’t Cash App become a more dominant way of paying merchants? They have significant advantages: 57M MTUs and 4M merchants.

Why would USDC surpass it?

Unfortunately, I don't think Square pulled it off, despite their advantages:

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

Maybe the data I looked at is out of date or inaccurate but I’m seeing them with near 30% market share in the payments category. That’s pretty respectable.

Unfortunately, I don't think Square pulled it off, despite their advantages: https://warpcast.com/kyle/0x39bd3d73