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by redder23 870 days ago
> I’m some big stan for Big Banks, but crypto was (is) just so absolutely riddled with scams and crime that I just can’t anymore. Decoupling the Web Payments API and crypto is certainly the right move right now.

Completely disagree with this. Fiat money is riddled with scams and crime more then cryto ever was and can be at this point. Because the world operates on fiat and. Arguing that giving central banks the Monopoly over this is a good thing is just stupid. But OF COURSE Google will not dare to bring anything cryto into the web browser. It could be the opportunity for something really revolutionary with a private coin connected into this.

People with this mindset are just horrible gatekeepers. Cryto has so much scams BECAUSE its moving fast and its easy to trick people who are after fast money. Its a sign that crypto actually works and is valuable!

1 comments

Your argument _almost_ sounded cohesive, and I'm a proponent of crypto.

Handshake has an improvement proposal called HIP-0002[1] that utilizes the .well-known directory on your domain's server to enable direct payments. You payment address looks like this: https://<domain>/.well-known/wallets/SYMBOL.

You could even utilize IBAN to send to fiat like so: https://example/.well-known/wallets/USD.

Of course, you'd need do a bit of legwork to implement non-crypto support.

[1]: https://github.com/handshake-org/HIPs/blob/master/HIP-0002.m...

The Ethereum Name Service (ENS) provides this functionality in a standard protocol. You can associate Microsoft.com with an ETH, BTC, SOL, etc address. GoDaddy yesterday actually integrated this in a no-gas free manner [https://aboutus.godaddy.net/newsroom/company-news/news-detai...]. Other DNS providers will likely follow suite over the next few years.

Bonus, most web3 tooling already supports ENS so no jumping through hoops most of the time.

"web3" is synonymous with Ethereum so that's no surprise to me.

What is a surprise is ENS having interoperability with BTC, SOL, &c addresses. I assume these exist as TXT records? Not sure I like exposing that...of course, that's the default with .eth names.

The way BTC and HNS works, you can use a different address derived from the same seed and still receive funds. Different strokes for different folks and all that.

No one chain will (or should) be THE solve for everything.