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by montenegrohugo 565 days ago
Honestly this is one of the main usecases of crypto, in my opinion. And it's only in 2024 where the transaction costs are cheap enough that it's worth it.

Still, fragmentation of crypto makes the whole experience shitty - but we've been working on this to fix that: https://docs.peanut.to/checkout-api

2 comments

Crypto's obsession with public blockchains and the requisite fees to make this work prevent this from being a viable solution.

Those transaction costs you're talking about are still a couple orders of magnitude (or more!) too high for this to be a viable solution for these kinds of micro payments.

This doesn't even get into the necessary transaction throughput that's still it's own unsolved problem

>Honestly this is one of the main usecases of crypto, in my opinion.

The problem is that crypto doesn't provide anything that non-crypto shouldn't wouldn't also provide in a cheaper and easier to implement way.

Please show me the this revolution non-crypto payment method that offers transferring currency/value:

- worldwide

- private

- anonymous

- no middle man

- no censorship

- costs 0.0X per transaction

- take less than 10 minutes

Not all of those are necessary and not all of them are even necessarily desirable.
Disagree. They are exactly what makes them desirable and useful. If you don't think so consider yourself lucky or ignorant.