31–40 of 1001 posts
The folks on Hacker News seem pretty anti-crypto, but I feel like they're missing the point. If we're actually looking for ways to fix the US debt, stablecoins are definitely worth considering
Welcome to crypto project number 206701341. At least that is how many are listed on CoinMarketCap: https://coinmarketcap.com/charts/number-of-cryptocurrencies-... Bitcoin is decentralized because the sun distributes energy somewhat evenly across the globe. The other 206701340 crypto projects, including this one, are decentralized because ... ? From the very sparse info on the page, it seems this project does what so…
The folks on Hacker News seem pretty anti-crypto, but I feel like they're missing the point. If we're actually looking for ways to fix the US debt, stablecoins are definitely worth considering
The whole payment sector is so fucking idiotic. Why would Stripe need a L1? Partnered with paradigm? The company behind every crypto scam in the past 5 years? Who needs this? Who wants this? I just want to order a book from Amazon; why would there be a blockchain?
That says nothing of political idiocy which will surely follow as new levers are tested, but payment processors are in the business of making money, and ostensibly want as many transactions to happen as possible, regardless of origin or the particulars of any sale.
They shouldn't be gatekeeping goods and services for legal transactions, and I'd be willing to bet most of them absolutely don't want to be in that position.
I imagine there's also a chargeback scam reduction and accountability benefit to this, which reduces losses, and ostensibly prices.
There's a surveillance and privacy hit, but it's not like the systems currently being used aren't completely compromised and surveilled already, so maybe this adds some accountability at that level as well.
Honest question: what kind of problem does this solve?
Honest question: what kind of problem does this solve?
> Stablecoins enable instant, borderless, programmable transactions, but current blockchain infrastructure isn’t designed for them: existing systems are either fully general or trading-focused. Tempo is a blockchain designed and built for real-world payments.
What is different in the details, no idea.
they will censor you and block you in blockchain level so literally db for few big companies, lol.
I don't get it. Why does Stripe want to creatively ruin their reputation by venturing into crypto / blockchain? I don't see anyone in the real world using blockchains at all. I get AI as it was a real world paradigm shift, but I have never seen anything in this blockchain / crypto space that has reached 100-500 million users let alone 1 billion users, that isn't based on speculation.
Many companies are using stablecoins for cross border transactions, and for payouts in countries with volatile currencies. There's clear value for these use-cases.
Not to mention lower fees and 24/7 availability.