[tannerbrockwell]

Stories like this are why ultimately all payments will transition to crypto based and self custody. Having your livelihood at the whim of an algorithm is not only not cool. It is not sustainable. None of the legacy payment rails can be trusted to run without interruption. This includes Stripe, paypal and even the expected FedNOW service being introduced next year.

[Tao3300]

> Having your livelihood at the whim of an algorithm is not only not cool. It is not sustainable.

Yeah!

> all payments will transition to crypto based and self custody

But... but... you said...

[rini17]

Self custody means having/being a custodian that does not make mistakes, ever. That is not sustainable either.

[tannhaeuser]

You'd think stories like this call for standardization of payment processors (using APIs such that changing providers is possible in an instant), as an extension of monetary sovereignty, mandated by law.

[miketery]

Agreed, the no intermediary for a payment is a beautiful use case.

However I acknowledge the issue with volatility (to be solved!).

[serverholic]

I think volatility will go down over time as crypto becomes more normal and boring.