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by axg11 1522 days ago
A few initial thoughts:

- This is a win for the polygon network and USDC adoption

- Twitter payouts is a small (in value) but high profile place to start

- I can see this being great for use cases where your bank might restrict withdrawals based on the activities that resulted in the payout

- Stripe should build a crypto off-ramp. It would be a short-term distraction for them but long-term could position them to be _the_ business bank

3 comments

I'm unfamiliar with this Twitter feature. Who is using it to make money?
How does polygon generate revenue off this? Or is the idea that there is more liquidity therefore more opportunities on said network which may generate revenue. I think the latter is fine. But curious with the former if there are associated transaction costs.
Whenever an on-chain transaction occurs, MATIC, Polygon's native token, must be spent. It's usually pennies per transaction, but it adds up.
Why would you say twitter is a high profile place?

I'm lost on this. I never seen ads on Twitter and only read it to see if someone really posted whatever news side is posting a tweet.i have never seen anything being driven by twitter

huh? it's used by hundreds of millions of people. I see ads all the time on my feed.