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Colin Johnson 💭 pfp
Colin Johnson 💭
@cojo.eth
How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this. Face ID -> NFC Tap -> Xfer USDC 2.75% saved for small merchants. Goodbye Visa. Goodbye networks. https://9to5mac.com/2024/08/14/apple-nfc-chip-iphone-ios-18-1/
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Dan Romero pfp
Dan Romero
@dwr.eth
Consumers get 1-3% cash back when they use a credit card. And chargeback protection.
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Colin Johnson 💭 pfp
Colin Johnson 💭
@cojo.eth
Rewards programs are pretty easily replicated on chain - chargeback protection is one of the few instances where a middleman really is hard to beat.
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Dan Romero pfp
Dan Romero
@dwr.eth
And who pays for the rewards if you don’t have the fees and interest rates? :)
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theSPY007 🎩 pfp
theSPY007 🎩
@spy
In the customer is paying for the rewards itself when doing a transaction but this way when the merchant is saving some money they can lower the price to its original and both the party won This is what I think 🤔
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