Bank transfers as a payment method

Re:Bank transfers as a payment method by Robotbeat on Saturday November 27, 2021 @12:33AM (#29357761)

You could also just have a bank account with money denominated in USD or Euros or something.

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Re:Bank transfers as a payment method by everfree on Saturday November 27, 2021 @02:08AM (#29358218)

You can have a cryptocurrency wallet with money denominated in USD or Euros, too (asset-backed stablecoins).

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Re:Bank transfers as a payment method by Robotbeat on Saturday November 27, 2021 @09:29AM (#29360406)

…which is the same thing as a bank account but not FDIC insured and now you have to pay cryptocurrency transaction fees.

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Re:Bank transfers as a payment method by everfree on Sunday November 28, 2021 @02:14AM (#29366857)

But you don't have to pay bank fees, and you have access to global payment and smart contract networks. It's all trade offs.

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