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by RC_ITR
1513 days ago
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My point, and I don't know how to make this any more clear is 'what is the actually fudging advantage of paying people out in USDC instead of USD, other than it sounding cool?' It's actually wild that people don't ask that question about this kind of thing. 1) USDC still needs to be turned into fiat in order to buy anything with it, so any regulatory/tax advantage is out the window there. 2) The fact that USDC is 'on blockchain' offers no meaningful advantage to the end-user vs. twitter (or any other centralized authority) just deciding to pay people in 'points' that are pegged to 1 USD (that also need to be converted to fiat to buy things) |
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