Content
@
0 reply
0 recast
0 reaction
Justin Hunter
@polluterofminds
Kind of get what this person is saying.
9 replies
4 recasts
55 reactions
Rolf Hoefer
@rolfhoefer
Hmm, that's controversial on multiple accounts. Right off the bat: 1. Blockchains aren't necessarily payment processors, and many aren't primarily payment processors as well. Bitcoin (the one supporting BTC transfers) is one example: it isn't optimized for payments. 2. Most tokens are not exclusively payment mechanisms. Tokens may be securities, payment mechanisms, gateways to services, etc. 3. Web3 isn't defined by wallet extensions or websites as much as by the (onchain) contracts that it uses. Unclear how Web2 payment providers require more trust than Web3 payment providers given that Web2 systems are more closed than Web3 payment providers.
0 reply
0 recast
0 reaction