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ted (not lasso)
@ted
it's inevitable that crypto product frontends will price access in stables and allow users to pay in whatever asset they want. pricing access to a product in a volatile asset is too bad of a user AND builder experience for it to remain the norm. speculators buy access they'll never use, drive up prices and lock out potential real users. bad for builders (who need real usage), bad for users (who can't get in). "what's wrong with adjusting access requirements as price changes?" if you're dropping access from 10k $token to 1k $token while nothing about the product changed, you're already pricing in stables — you're just using $token as an unstable middleman, introducing volatility risk for users and extra work for yourself. defi enables any product frontend to show price to access at a stable $25, yet users can still pay in whatever they want (ETH, USDC, ANON, HIGHER, VEIL). the tech for this already exists today. zero friction for users. zero complexity for builders. zero volatility risk for everyone.
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@baseddesigner.eth
product with stable as a gate would fail miserably I think
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Sam (crazy candle person) ✦
@samantha
My customers love paying me in USDC - because they know they are paying me fairly for the value of my product. They wouldn’t want to pay me X shitcoin and then once I ship out the candle it goes to 0. That wouldn’t make them feel good about themselves. Customers do not think about method of payment at all when it comes to non crypto projects !
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@baseddesigner.eth
token has to be exchanged for a stable at the moment of purchase so you could give a proper refund etc
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@baseddesigner.eth
I was talking about purely digital products, for physical goods it doesn’t apply that well ofc I’ve done a bunch of one off physical purchases too last year with a token and had 0 issues, if you build a community and release your token - they’ll be more likely to pay I’m sure boosting sales
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Locked In (On Fire)
@warezow.eth
Well then your customers are likely unique. Most customers don’t care whether or not the value of the EUR they paid with still remains the same after they have paid.
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