Apparently Obtainium is accepting Monero donations now 🔥
A product lead at Coinbase commerce was trying to justify their shitcoinery...
https://twitter.com/Lauren_Dowling_/status/1758985691944689950?t=MS6BH2p_DM0SHGYY-NraqA&s=19
Here's my reply:
There's a thing called Lightning network. Instant settlement, no utxo trouble, it just works.
Big retailers accept it and it just works. And has quite a big network effect (in my stores it's half of crypto payments).
Honestly, this looks like overengineering blabbing. Lightning works on many payment gateways without a problem, including keeping the value in fiat (even though most payment gws are not operated by the largest exchange).
Maybe you forgot that you are building products for end customers (who pay the fees) and not to make life easy for you.
For bigger mission, you should be aware that you are supposed to help (and make money while doing so) people in the global south. They will not have Coinbase account. And they definitely want Bitcoin not some Erc mumbojumbo coins. if you want to understand real needs of people, follow for example Anita Posch who helps people in Africa use Bitcoin using self custodial lightning wallets.
You simply lost touch with reality I'm sorry to say. 👎
If some merchant reads this, if you want to accept Bitcoin lightning, use Btcpayserver if you need payment gateway, Breez if you do it in person, it has free and open source self custodial point of sale module. If you are not ready for getting technical and want fiat in the end, Confirmo works and is used by a major retailer Alza in central Europe with huge volume. Somehow they solved this "challenge" you are talking about.
Your opinion on this? Seems to be the case in most of the global south
Bigger blocks
Surprised but not surprised by the responses.
Custodial wallets contradict the entire reason bitcoin was created - to do away with trusted third parties.
There is little reason for Bitcoin without that
Bounty: "Nostr client for Monero"
https://bounties.monero.social/posts/94/0-988m-nostr-client-for-monero
This sucks. I think this would mean it is only source viewable? Or is it worse than that? Not sure.
Notesnook is a good alternative if so.
Run your own dojo and that addresses the issue
Not to mention the potential danger KYC puts users in once their info is inevitably leaked or hacked
Monero priveleged? Most of the world cant even afford to transact on your chain 😂 and privacy is an afterthought because you live in your cozy safe first world, hilarious
And your solution is no solution at all. It just pretends to be. "Bitcoin" in name only. Larps.
It isnt hard. If you sacrifice self custody, permissionless, and p2p it isnt bitcoin and you havent solved jack shit.
I dont need to offer altenative solutions to criticize something.
The masses using real crypto is a fantasy. State will never allow white market use of crypto unless it is a pathetic fully regulated version of itself.
Free market adoption along with DNMs, yes, not whatever cucked custodial KYC criteria you probably have in mind
"Monero is getting delisted, banned, and criminalized everywhere bro. Just make sure your crypto is legal and follows all regulations bro 😢" -You
😂
Fawning for the states approval for your crypto to succeed. Sounds very permissionless and unstoppable. Lmao
Your "scaling solutions" gut the entire point of Bitcoin. Might as well use PayPal.
