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by urda 2980 days ago
You're not going to beat out Venmo, Apple Pay, and other established platforms.

Can this blockchain currency nonsense end already? People need to stop trying to force a given tech to do something specific all the time. It's literally the definition of "trying too hard".
2 comments
ohtwenty 2980 days ago
> You're not going to beat out Venmo, Apple Pay, and other established platforms.

Those are established platforms where you are. Anecdotally, no-one here (NL) uses Venmo or apple pay, recently there's been an increase in popularity of 'tikkie' (https://tikkie.me/) which allows people to send payment requests through whatsapp (used by 90%< of people here). so if something like this is ingrained in whatsapp directly apps like that would lose popularity, i think

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rms 2980 days ago
Consumer micropayments is one of the most basic possible applications of this technology and that it hasn't been implemented yet is sad. I'm not a fan of the customer experience of Venmo and Paypal and Apple Pay that require me to have a bank account or a credit card. They work in the first world for transfers over a certain minimum but there is really clearly room to innovate still.

Do you see a future where blockchain technology exists but consumers don't use cryptocurrency? I do also. Who is to say that WhatsApps's implementation of Mobilecoin has to use their own proprietary cryptocurrency instead of letting users denominate transfers in local fiat currency?

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freddie_mercury 2980 days ago
There are plenty of alternatives in developing countries. (I live in one such country and no one here uses any of the things you listed.) None of them are based on the block chain. They don't require bank accounts or credit cards. They don't work just for "certain amounts".

If those things don't exist in America it is because the market for them in America doesn't exist.

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