keccers
@keccers.eth
If the whole internet runs on stables you’ll be able to run some really great scams The fake storefront is one that’s uniquely USDC enabled due to no chargebacks “Sell” something under a brand name with no PII attached, never fulfill it, keep all the money
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nomygod
@nomygod.eth
USDC owns that shit, they can just turn off your money
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keccers
@keccers.eth
Are you saying it’s fake decentralized? Interesting 🤨 It’s almost as if this whole thing is based on ideals that no one lives up to and uses to launder their bs
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nomygod
@nomygod.eth
haha the system is decentralized and it's a mixed system of centralized and decentralized networks and coins and stuff but in this case there are admin controls on USDC that forbids blacklisted wallets etc so it would work initially but they'd have to keep making new things and hopefully some other tier like the marketplace will catch on or idk
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keccers
@keccers.eth
Sounds like a load of crap to me. What kind of supps should I sell on my fake store 😂
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:grin:
@grin
only 5% of users will use stables directly. the rest will use coinbase/paypal/visa, which will offer chargebacks. same as cash vs credit card today. everything is only 5% truly decentralized, and that 5% is absolutely worth fighting for
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