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Re:Expanding global payouts with crypto by axg11 on Friday April 22, 2022 @10:11AM (#31121749)
A few initial thoughts:

- This is a win for the polygon network and USDC adoption

- Twitter payouts is a small (in value) but high profile place to start

- I can see this being great for use cases where your bank might restrict withdrawals based on the activities that resulted in the payout

- Stripe should build a crypto off-ramp. It would be a short-term distraction for them but long-term could position them to be _the_ business bank

Re:Expanding global payouts with crypto by skybrian on Friday April 22, 2022 @10:53AM (#31122311)
I'm unfamiliar with this Twitter feature. Who is using it to make money?
Re:Expanding global payouts with crypto by miketery on Friday April 22, 2022 @11:42AM (#31123030)
How does polygon generate revenue off this? Or is the idea that there is more liquidity therefore more opportunities on said network which may generate revenue. I think the latter is fine. But curious with the former if there are associated transaction costs.
Re:Expanding global payouts with crypto by chrisco255 on Friday April 22, 2022 @11:51AM (#31123179)
Whenever an on-chain transaction occurs, MATIC, Polygon's native token, must be spent. It's usually pennies per transaction, but it adds up.
Re:Expanding global payouts with crypto by Teletio on Friday April 22, 2022 @11:05AM (#31122488)
Why would you say twitter is a high profile place?

I'm lost on this. I never seen ads on Twitter and only read it to see if someone really posted whatever news side is posting a tweet.i have never seen anything being driven by twitter

Re:Expanding global payouts with crypto by wollsmoth on Friday April 22, 2022 @11:36AM (#31122918)
huh? it's used by hundreds of millions of people. I see ads all the time on my feed.