Comment by zinodaur
3 hours ago
> I can’t see any other financial rails working for microtransactions at scale other than crypto
Why does crypto help with microtransactions?
3 hours ago
> I can’t see any other financial rails working for microtransactions at scale other than crypto
Why does crypto help with microtransactions?
Also why does crypto is more scalable. Single transaction takes 10 to 60 minutes already depending on how much load there is.
Imagine dumping loads of agents making transactions that’s going to be much slower than getting normal database ledgers.
Is there any non-crypto option cheaper than Stripe’s 30c+? They charge even more for international too.
Once the price of a transaction converges to the cost of the infrastructure processing it, I don't see a technical reason for crypto to be cheaper. It's likely cheaper now because speculation, not work, is the source of revenue.