If you don't know, you would not understand why all thumbnails have open-mouthed people 😂
Let the #dadstr begin. 🤙
✅️ Day 12 of #100pushups
Push ups: 7 sets of 15 (chair level)
Other: 4 sets of 30 sit ups
1 min break in between.
#postr (Push ups and Other Stuff Transmitted by Relays)
#grownostr #plebchain #100aDayUntil100k
Visa, etc definitely, but payment processors at the end don't care. They can add a new method without a hassle.
This is only existential for credit card companies. So they definitely would do anything to survive. But the monopoly they have, and the high fees they charge are ridiculous. This should be challenged at least for fun.
But I see the need for an alternative from merchant side.
Lightning seems good alternative for them: instant, low fee, no chargebacks.
Vs credit cards: at least 3 days, high fees, costly chargebacks.
Also from payer sides, you don't know how much data credit card companies have on you, which is...
I believe in transparency.
If you want to accept credit / debit card payments, you have to pay 3 different type of fees. Plus you get your money late, and also the chargebacks. Kind of pain.
If you want to accept cash. It is free to accept.
Then if you want to accept credit cards, you have to increase your prices to include credit card accepting cost.
I think, it would be much more transparent and logical, that whoever uses a payment method it shall bear the cost of it.
This means, you can pay by cash paying no extra cost, or by card paying for comfort.
Then it is transparent, how much these cost. Plus too expensive payment methods would be driven out of markets by consumers.
Maybe I am wrong.
Then what would be the difference from a consumer perspective between:
1️⃣ All payment methods has no fees
2️⃣ Each payment method has an associated different fee
Why shall the merchant pay the fees?
You mean, charging for credit card payment seem backwards?
Payments are so backwards.
The seller, who cannot influence how the buyer pays, have to pay the payment handling fee.
This is unnatural. Nature strives to be sustainable. But if the person decides how to pay, who is not influenced by the payment method/costs, how will it every be efficient?
I think this is done for profit maximalization. People will pay with the most convenient method, until all methods cost the same for them. So if you make the most comfortable method the most expensive, you make huge profits.
But then, why would a payment alternative arise, if this method maximizes profit for payment handling?
Easy.
Market share.
If you make a payment method, that is cheaper, and people start to use it, you will drive them out from competition.
Then, why would people change to a different payment method, if for them it costs more?
I think this change has to be driven by merchants, because they are the "victims". They have to pay something they shouldn't have to otherwise.
And they could drive adoption, by giving a cashback for those who use their new favourite payment method. And if the new payment method is cheaper, they can still earn the same money, but drive adoption.
#grownostr #plebchain #idea
What do you mean under "necessary" information?
Because you can use e.g. Robosats to buy btc. There you don't have to share any personal information. Only seller shares their fiat payment address, and you send them the money. But the receiver will know your name.
But there you have to make trade off, as you can't sell any time, any size, and maybe your fee (premium) will be higher than compared to custodial such as strike. But you shared no personal information.
In this way, the necessary information can depend on the level of service you prefer.
> "Safety is purchasing power."
> -- #RayDalio
#quotes #grownostr #plebchain
Most prefer their own box.
Everything is a projection. When you realize this is when the world opens up.
GM! ☕️
#grownostr #plebchain
✅️ Day 11 of #100pushups
Push ups: 10 sets of 10 (chair level)
Other: 4 sets of 30 sit ups
1 min break in between.
#postr (Push ups and Other Stuff Transmitted by Relays)
#grownostr #plebchain #100aDayUntil100k
When I got such an error, reloading page or restarting browser helped.
no not at all. email in itself isn't prone or not prone to spam. it's people and how they use (or abuse) email that makes spam.
Canada has a pretty good anti spam law and it has worked but people have to report spam for it to work.
email has many technical problems and the obvious one is security. it is very easy if you speak SMTP to connect to any unsecured email server and fake an email, for example... still. 🤣
but back to spam... it comes from the nature of advertising and a lack of respect, and all that boils down to human nature.
nowadays, there is a tendency to blame everything other than the person doing it for 'everyrhing' such as:
- blame the liquor store rather than the alcoholic buying too much
- blame social media rather than the people who over use it and have toxic behaviour(s)
- blame email for spam when it's spammers using email to spam;
email is inanimate
....
my grandparents took responsibility for all their own actions. I am grateful to them and i see them in my actions all the time and without trying to emulate them.
it's a long list that i don't want to type out and all of these human issues boil down to taking responsibility or not
sorry, I went off topic for a reply to your question.
and as always, i enjoy going back and forth with you nostr:npub1ry5wud2c748rzexcr5nvxhsj8sj5htsjsd2dwcta0lvx94cdng4s8e5a5f
Me too!
I agree! So I also think it is not related to the problem of email itself, but then what really is the problem with email?
True, I was thinking more "pay as you go" structure.
But at the end, I could also argue, that starting with a custodial solution to get understanding, then moving to non-custodial is also a good path. Because maybe making such solutions might sacrifice something important.
Nothing new. Just got triggered 😂
Many people does not like responsibility, and want others to solve problems for them. I think this is taught in school this way.
If we want to progress, we have to break out from this box.
But also, others have other agenda than we have, so chances are quite high, you will never get what you want if you don't act upon it. 🤷♂️
Good morning nostr:npub1fsml34f9673wg5qvq8gyvhprv83f87q23kldz3wc3wnpnk5nx37qnk20dq , make your day awesome! ☕️🔥
GM! ☕️
Let's crash the weekends! 🔥
Wish you all strength to make your weekend awesome.
#grownostr #plebchain