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Jorge Pablo Franetovic 🎩 pfp
Jorge Pablo Franetovic 🎩
@jpfraneto.eth
what’s the perspective of Q in relationship to this? do you envision a future (~2+ years?) where the payments you do in the world are done anonymously through Q? or what’s your vision of how the payments engine will evolve? (this is a question not only for cassie, but whoever wants to chime in)
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Tyga
@tyga
First thing that comes to mind: Bitcoin and many other non-privacy coins will see bridges into and out of Q and there will be huge amounts of untouched BTC shifted around inside of Q. Initially, there will be large amounts then sent back to native networks to brand new addresses. All the wary BTC holders who don't want to let the world know they hold 100+ BTC (or have accrued over time) from the early days will transfer in their holdings and only take out what they need to new addresses and from there to traditional off-ramps. Eventually, markets for these in-network coins (i.e. potential liquidity)-- including stable coins-- and off-ramps and will be available without exiting Q. Off-ramps mean local currency <-> Q cryptocurrency liquidity pools, which means that there is the option for payments for services and products can be settled on Q and paid out however the merchant likes, USDC on Q, Ethereum, etc.
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Tyga
@tyga
also, current payment providers who take crypto who wish for simplified anonymity for their crypto wallets... which they can have the user send tokens to their Q address immediately. Whether they take them back to the network or not, they can use a fresh address (or distribute to a number of addresses) not previously used to deposit to before selling.
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