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Replying to Avatar Pip the WoT guy

Ark is cool, but the biggest concern for me is the capital requirement.

To put it into perspective, to achieve Visa scale, the ASP has to anticipate 1 month of payment volume, which is roughly $1T.

In the case the state is weak, Ark can work, but fedimints work even better: scale much better, are more private, and high competition keeps everything in checks.

In the case the state is oppressive and strong, Ark is fucked because only a few companies can have that much money, which means the state can go knock on their doors.

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Max 1y ago

There are interesting workarounds to this issue.

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Pip the WoT guy 1y ago

which ones?

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Max 1y ago

I don't understand it well enough to explain...

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Pip the WoT guy 1y ago

can you give a link?

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Max 1y ago

My comment is based on a recent conversation with nostr:npub148jz5r9xujcjpqygk69yl4jqwjqmzgrqly26plktfjy8g4t7xaysj9xhgp, so unfortunately not...

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calle 1y ago

I would like to know too, if anyone knows.

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