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Replying to Avatar Gigi

Fiat can only be sent via credit rails. Credit requires KYC, which brings friction and deplatforming.

In the long term, #value4value for non-mainstream content can only work via something that isn't credit, ergo bitcoin.

https://dergigi.com/2022/12/18/a-vision-for-a-value-enabled-web/#credit

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Gigi 1y ago

nostr:nevent1qqsprgkkt5lhcuxs2g4w6zgp05tezavefljtks78ryjdsufunffsmqgppemhxue69uhkummn9ekx7mp0qgsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycrqsqqqqqpt2dswr

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Laeserin 1y ago

Theoretically, yes. Practically, we're usually using KYCed Bitcoin because we have to exchange fiat to get Bitcoin and the gov controls the on-ramps.

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