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Stripe Launches L1 Blockchain: Tempo
991–1000 of 1001 posts
Re: Stripe Launches L1 Blockchain: Tempo
#992Earlier quoted context omitted.
Telegram has recently proven that there is still demand for this stuff.
Price action disagrees... https://coinmarketcap.com/currencies/tac-protocol/
That's not the Telegram Token.
This one is: https://coinmarketcap.com/currencies/toncoin/
Re: Stripe Launches L1 Blockchain: Tempo
#993Earlier quoted context omitted.
Price action disagrees... https://coinmarketcap.com/currencies/tac-protocol/
That's not the Telegram Token. This one is: https://coinmarketcap.com/currencies/toncoin/
TAC is the first EVM-compatible blockchain purpose-built for the TON ecosystem and Telegram. It uniquely brings full DeFi functionality from day one by combining EVM infrastructure, pre-deployed blue-chip DeFi applications, and bootstrapped Ethereum and BTC liquidity. Seamlessly connected to TON, TAC extends its ecosystem without fragmenting it - every user interacts from their TON wallet. With 100M+ existing wallets on TON and direct access to Telegram’s billion-user base, TAC is the only blockchain that doesn’t need to bootstrap users, positioning it as the most distribution-ready EVM chain in the industry
Re: Stripe Launches L1 Blockchain: Tempo
#994Earlier quoted context omitted.
Well, I was just curious to hear it from the horse's mouth since they were answering questions in here. The answers are interesting, though I think they're answering a bit of a different question than I am personally asking. Like, blockchain technology to power distributed ledgers for peer-to-peer payments is pretty interesting and I think I'd prefer it exists, consequences be damned. Stable coins don't really fit th…
Why does it need to be achieved using traditional technology? Crypto works, and has attracted billions in liquidity for stable coins
Because ego. Takes a lot of self-actualization to recognize you might be living in a weaponized system that devours anything that doesn't participate (financial markets fed by unlimited supply).
Re: Stripe Launches L1 Blockchain: Tempo
#995Earlier quoted context omitted.
Outside of maybe NYC, taxi service in the U.S. was totally unreliable before Uber/Lyft. It's not even a matter of price. It's so much easier to get a ride now in most of the country. I don't think AirB&B really improved hotels, but it did organize and centralize the "vacation rental" market, making it easier to, for example, rent a beach cottage for the weekend.
Existing Taxi services did not improve - they were replaced by a lower quality, more expensive alternative with a lesser economic infusion to local economies. Hotels and the hospitality industry did not improve at all. None of those points refute me or support the argument I was contesting - that a “uber or airbnb of banking” would cause banks to “get their act in order”.
they were replaced by a lower quality, more expensive alternative
That's certainly... an opinion.
Re: Stripe Launches L1 Blockchain: Tempo
#996Earlier quoted context omitted.
Fernando from DolarApp here. To add some context: our clients in LatAm use DolarApp to spend internationally with a card at the best rates, send and receive cross-border transfers (not just remittances, but also payroll), and to keep their savings pegged to the dollar. Stablecoins let us deliver a much better user experience and significantly lower fees — in some countries, up to 10x better than incumbents. That said…
Why did this need blockchain? Why could you not use a central private e-money system w/ a good API? It sounds like you think they don't really care about the implementation?
Because governments in developing countries won't be able to ban it.
Re: Stripe Launches L1 Blockchain: Tempo
#997Earlier quoted context omitted.
Do we have a term for this phenomenon yet? Airbnb is a great example. Uber is another. Regulatory loopholes are the way that these companies actually make money, but they call it "technology" and everyone kind of shrugs.
In my circles we have been calling it unregulated free market capitalism, or laissez faire capitalism. More examples include Uber to bypass taxi regulation, and generative AI to bypass copyright regulation (as well as consumer protection regulation in both cases as well as labor protections).
In unregulated free market capitalism, there would be no free supply of unlimited land for roads for Uber & car companies to arbitrage into profit - they would have to have bought land & built infra all of which would make using vehicles for one person completely uneconomical. This would be much better than the status quo - freight & transit would be relatively unaffected by having to pay for land since they they both very efficient.
Similarly, in unregulated free market capitalism, there would be no copyright to bypass.
I am not trying to argue that either of these area panaceas but I feel like we are often in denial about how much collectivism is involved in the things we don't like about capitalism.
Re: Stripe Launches L1 Blockchain: Tempo
#998Earlier quoted context omitted.
In my circles we have been calling it unregulated free market capitalism, or laissez faire capitalism. More examples include Uber to bypass taxi regulation, and generative AI to bypass copyright regulation (as well as consumer protection regulation in both cases as well as labor protections).
In unregulated free market capitalism, there would be no free supply of unlimited land for roads for Uber & car companies to arbitrage into profit - they would have to have bought land & built infra all of which would make using vehicles for one person completely uneconomical. This would be much better than the status quo - freight & transit would be relatively unaffected by having to pay for land since they they bot…
The claim (or rather the joke) isn’t that Uber was operating in unregulated free market capitalism, but that Uber is unregulated free market capitalism. A more accurate (and a non-joke) way to describe this is to observe that Uber’s only innovation was to find a way to operate in an unregulated marked while all their competitors remained regulated.
Re: Stripe Launches L1 Blockchain: Tempo
#999Earlier quoted context omitted.
In unregulated free market capitalism, there would be no free supply of unlimited land for roads for Uber & car companies to arbitrage into profit - they would have to have bought land & built infra all of which would make using vehicles for one person completely uneconomical. This would be much better than the status quo - freight & transit would be relatively unaffected by having to pay for land since they they bot…
The claim (or rather the joke) isn’t that Uber was operating in unregulated free market capitalism, but that Uber is unregulated free market capitalism. A more accurate (and a non-joke) way to describe this is to observe that Uber’s only innovation was to find a way to operate in an unregulated marked while all their competitors remained regulated.
eh.. so long as Uber (or any other privately owned & operated vehicle) is getting free land & pavement, they are effectively operating in a collectivized, regulated market.
Yes ofc, on one specific aspect of regulation - the total qty of cars allowed - they did an end-run. But regulating the total # of taxis was always just a way of trying to limit land consumption by cars, rendered ineffective by only applying to cars used as taxis instead of all cars, all vehicles. So yeah, they benefited from a titch less regulation, but land in cities is so valuable that to give it away for free dwarfs the value gained from skirting any other regulation, so IMO it's still largely a collective non-market endeavour, just organized for the benefit of ppl in cars, rather than the public at large.
Re: Stripe Launches L1 Blockchain: Tempo
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