Dan Romero
@dwr.eth
This doesn't solve any problems for mainstream consumers. https://x.com/ChainLinkGod/status/1917293813569314939
8 replies
3 recasts
41 reactions
matthewb
@matthewb
instant/free worldwide payments with no arbitrary restrictions + 3-4% on balance sounds pretty good to me one problem is that the product isn’t just remittances, it also needs a prepaid card (or similar) attached to spend the balance to avoid offramping spreads. plus it needs to solve for onramping, which is still ~1% spread apart from OTC desks at size. so no easy answers, basically has a cold start problem with onchain stables.
1 reply
0 recast
0 reaction
Dan Romero
@dwr.eth
He cited Venmo. If you’re using Venmo you don’t have any of these problems.
0 reply
0 recast
0 reaction
