Re:YouTube and Facebook Are Losing Creators to Blockchain-Po...
by nodja on Tuesday April 10, 2018 @08:48AM
(#16800924)
I think it boils down to payment processing fees. For patreon for example it would be super inconvenient (and expensive) to process all payments individually, so payments are made in bulk. This is why monthly payments are the standard.
With crypto you can perform instant sub $1 payments with minimal fees (blocks aren't full so it's super low atm). It also saves not having to handle chargebacks, fraud, etc.
With crypto you can perform instant sub $1 payments with minimal fees (blocks aren't full so it's super low atm). It also saves not having to handle chargebacks, fraud, etc.