Replying to Avatar Satosha

Yes .. that is the product here .. charge the vendor - let them charge the customer - you pay the customer back a tiny part ... Isn't it genius :-)

Yup on KYC .. if you want credit you got to share your credit worthiness ..

But the real genius is the thin weightless plastic card .. it is not competing with physical wallet .. nor with thousands of apps on yor iPhone home screen .. it just slips into everything ... Lose it .. no problem ..call the company and cancel it ...

Visa and Master card are the ULTIMATE oc customer delight and customer services .. lightning has miles to go if it truly wants to be a dominant player in payments .. Orange pics do help :-
Avatar
Dikaios1517 7mo ago

So you're saying that if Lightning is going to work, the receiver needs to be the one who pays the fee, everyone has to be locked into KYC custodians so they can get cheap credit, and we need plastic cards filling our wallets, instead of just using an app on our phone?

Sorry. Hard pass.

Reply to this note

Please Login to reply.

Discussion

Avatar
Satosha 7mo ago

That is exactly why #bitcoin won't become a payment system :-) ..

btw it need not be .. cuz payment systems don't even have like a basis point worth compared to SoV #gold ..