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Replying to Avatar HoloKat

I see a lot of Twitter coin bashing. I’m of the same opinion (obviously).

But what we cannot disregard and perhaps should even possibly consider - is the ability to off-ramp into fiat.

I don’t like it. I prefer we have a circular economy. But, if we are to get the masses onboard, the UX matters a lot. Having the ability to earn shitcoins and off-ramp into fiat is a UX advantage.

Sure, we have off-ramps too for those weird enough to use them, but it’s all high friction compared to built-in functionality.

I think if we are to expect zaps to take over the world, then we’ll have to accommodate the world with in-client on and off ramps - at least for the time being. This is likely key to mass adoption of zaps without even knowing what’s under the hood.

Don’t kill the messenger 🙏

Also, good morning! ☀️ 🤙

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Base Layer Capital 2y ago

Good points, but I’d argue that Strike is pretty low friction. Except you can’t use it in some states like NY…

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HoloKat 2y ago

What we need is a service provide for fiat ramps that can be integrated into any nostr app as easily as possible.

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