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jp 🎩
@jpfraneto.eth
spent a lot of time today visiting different irl shops and businesses. 3 cafes and a store. and in all of the interactions that i had to pay, i was thinking to myself: what needs to happen so that i can ask this person if i can pay with my dickbutt tokens on base? or “my crypto” (as a vehicle of transaction. @daimo pay’s approach is a game changer). but basically the store always receives “the same crypto”, which they need to be able to fully convert to fiat money instantly with fees that are cheaper than the 3% their current debit/credit card machine providers ask them for whoever creates this interface and makes it better than what we have today will change the world and our industry imho how far are we from that?
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Sinaver
@sinaver.eth
We will get there for sure at some point! I believe the main question is with liquidity, if it's good enough payment providers like @daimo @paywithglide superchain cross-chain swaps etc can support most of the tokens Other aspect changing the rails is not optimal today unless it becomes the mainstream for most of the sellers either because of customer demand to use dickbutt or it's completely new region / experience. But ultimately, we haven't even passed USDC/USDT/... global payments adoption, supporting other tokens comes after.
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jp 🎩
@jpfraneto.eth
the crux is usdc imho. every other transaction can be abstracted behind the vendor receiving back usdc. that's on an application layer, and up to us. but i wonder what needs to happen so that vendors can actually be benefitted from being paid on usdc like what's the actual value for a old woman that sells fruit to use usdc instead of chilean pesos? im not sold on that yet, and we need to win the streets before we win anything else i feel that the answer is somewhere, yet so difficult to find
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