Viewing profile — nofunphil

Onchain consumer credit (x402 “credit card”) https://x.com/philip0x/status/1982219251479097601?s=46

Love this. But wonder if it would work better if there was an incentive tied to using your phone less, ie. Rewards points for staying off socials.

Do you have kids?

Going thru this now with an 11 yo and 14 yo. It’s a non-stop, swash-buckling battle to get them to put down their phones and do literally anything IRL. Their attention has been com…

Agreed. At the risk of a shitstorm of downvotes, tokenized media could be part of a solution, especially at the consumer level. Authenticate real videos via a mint button/QR that a…

No. The NFC chip plus the unique NFT makes it impossible to copy

No. Not necessary. You only need the verified NFT linked to “authentic” books. 3rd party service does minting and verification. It’s the same strategy luxury fashion houses are usi…

Via a 3rd party NFT minting service. In order to create the NFTs the original author could set up an account with the 3rd party, KYC herself and then mint tokens for every book she…

So, I think it’s time to build solutions that directly address the problem (inflation). An interesting idea would be an NFT (I know…bear with me)that breeds a “child NFT” when CPI(…

a docking station at the central point that the ship rotates around

Buying Bitcoin is becoming similar to buying gold. It’s a Store of Value. Why is gold an investment? Because it’s scarce and we have, as a society, decided it’s an investment. Ther…

Yup, agree. A low-fee payments app with crypto rewards would be interesting. But just like how Patagonia serves certain consumers I think different payments apps will appeal to dif…

No. FB is the establishment. Now that they've "opened" the crypto door a little wider, it creates the opportunity to build crypto payments that revolt against FB. Solution will lik…

Exactly. What this does is create a wide open space for a "anti-establishment" crypto payments system. But one that people actually understand and trust. Fiat will likely be UOA fo…

1. Target specific towns and villages in need; perhaps anywhere M-Pesa is used is a good place to start?? 2. Hire mobile money agents in those places to facilitate crypto to fiat e…