crypto

Farcaster

Onboarding someone into crypto isn’t easy, it’s actually quite complex.

But here’s the ironic part: once you finally grasp how crypto works, you realize just how outdated & inefficient the traditional banking system really is.

The contrast is like handwriting a letter, walking to post office to buy a stamp, putting it in a mailbox, & waiting days for it to be delivered; versus typing an email & having it arrive instantly.

This is why I’m bullish on Farcaster! 


Via @clanker, @magentadao.eth launched $MAGENTA token to help onboard our growing Latin American community /magenta into crypto with a low barrier to entry. The @farcaster native wallet has been a game changer, allowing people to get started without the need to navigate complex digital wallets.

I’ve just walked out of Wells Fargo, beyond frustrated.  trying to close my late father’s account, and it’s been an absolute nightmare. The process is so convoluted that even their on bank staff & customer service give conflicting instructions. I get that banks don’t want to make it easy to close accounts but seriously, when the account belongs to someone who has passed away, and one has a death certificate ready, you’d expect at least a little compassion and clarity. But no.

The system is archaic! archaic AF!

ps> everyone should have a beneficiary on their bank account. If not, the beneficiary then needs to go to surrogate court to get documents to bring to the bank.