ccarella

I'm a crypto optimist because it’s a better solution for retail merchants then paying credit card fees

PayPal has been my primary means of receiving money from donor-followers for years now.  Because it's what most people on web2 use.  Some use Cashapp, some use Venmo, but 95% of my payments come through PayPal.

A $20 costs me 60 cents on PayPal.  Not to mention other fees related to instant transfers if I want that money in my bank to spend right away rather than waiting for a longer transfer.

With crypto, the same payment is about a penny for transaction fees.  I can swap it to USDC for cheap in my Coinbank wallet, and send it to my Coinbank card for free to spend as I please.

For small creators whose transactions average $50 or less, crypto is a DREAM.  I just hope to start indoctrinating more normies to this place so they can discover the wonder of microtransactions.

Devotional polytheist living a monastic lifestyle centered on curiosity, simplicity, and joy.  Exploring the intersection of technology and spirituality.

They changed their fee structure every couple years, never for the benefit of anyone but themselves, of course.  Because mine isn't a physical products business, or even really a traditional service business, and my donors decide how much to give, I don't really fuss much about the fees.  But when I did have to set prices, covering those was always a consideration.  Cheaper fees can be passed onto cheaper prices for customers.

I pay someone monthly via PayPal and I’m always trying to figure out what extra amount I should give them so that they don’t lose out. I’m pretty sure as a result I overpay monthly