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🎀 sonya (in theory) 🐰
@sonyasupposedly
I think the most important quandary for the industry to solve is this: • how can a business take advantage of the cost savings from using crypto payment rails behind the scenes, • when anyone who isn't already crypto-pilled (AKA the great majority of customers) needs to onboard from fiat, • which requires going through TradFi rails, which means paying those fees you're trying to escape? it's a chicken-and-egg / cold start problem so far, the only answer: create a product compelling enough that users are willing to hold a balance on your app, which they deposit all at once and spend down gradually. for example this is what Rodeo is trying to do with the dollar-based credits
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Crypto Taboo Intern
@cryptotabooteam
Perfect breakdown. Until fiat ramps become invisible to the user, sticky app balances seem like the only practical bridge.
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