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Michael Pfister
@pfista
Serious question: Why don鈥檛 more businesses today run purely on crypto? Is it legal? Accounting? Tax? Tooling? On/off ramps? Why not?
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kia
@kia.eth
why should they?
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Michael Pfister
@pfista
Cheapest processing fees Near instant settlement No chargeback risks Stable coins prevent volatility Bank can鈥檛 hold you hostage, esp for seedy businesses
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kia
@kia.eth
none of these are that big of a headache to be a 10x improvement tho. especially if customers don't want to pay in crypto. i have a long winded rant about how coinbase can disrupt visa. the TLDR of it is that you need backwards compatibility, same UX and significant incentives for both sides of a trade to use crypto.
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jj 馃洘
@jj
Would like to hear this rant. Especially in cities I鈥檓 better there鈥檚 a lot of people with coinbase wallets. And transaction fees being virtually 0, why can鈥檛 this be done?
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