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Re:An embeddable and customizable fiat-to-crypto onramp by RC_ITR on Friday December 02, 2022 @01:25AM (#33827487)
>I've done many wire transfers and many crypto transfers and the one consistent thing I've found is the crypto transfers are both cheaper and faster.

Don't fall into the trap of "current centralized system has problems, current decentralized system is different (in your opinion better), therefore decentralized is better"

Centralized payments will always be faster/cheaper than decentralized, just from a first-principles architecture standpoint, so we should be working on making those better (cynically, we are, they just get less attention because retail investors can't speculate on those technologies as easily)

Re:An embeddable and customizable fiat-to-crypto onramp by notch656a on Friday December 02, 2022 @02:02AM (#33827726)
"Better" is not a universal truth. It is dependent on the context of the individual transaction.

If you simply refuse to acknowledge that crypto might be cheaper and/or faster than available traditional finance options for some particular transactions, not in the theoretical but in the real-word options present, then I simply yield that you must live in an alternate reality than many people. One thing I really hate is losing money and losing time, and the very narrow circumstances where I have used crypto to buy goods (legal goods) I sure as hell wasn't going through the pain in the ass of dealing with crypto for ideological reasons.

Re:An embeddable and customizable fiat-to-crypto onramp by RC_ITR on Friday December 02, 2022 @02:13AM (#33827784)
>"Better" is not a universal truth. It is dependent on the context of the individual transaction.

Where did I call anything better?

>If you simply refuse to acknowledge that crypto might be cheaper and/or faster than available traditional finance options for some particular transactions, not in the theoretical but in the real-word options present, then I simply yield that you must live in an alternate reality than many people.

Uhh, ok what transactions are currently cheaper using crypto? Don't you dare say Forex because you're wrong if you do.

Then what are the ones you think could be cheaper and why?

Re:An embeddable and customizable fiat-to-crypto onramp by notch656a on Friday December 02, 2022 @02:17AM (#33827804)
The transactions I used them for was buying metal bullion. I can't find anything else that clears in under 30 minutes through most the online vendors that is cheaper than the credit card transaction costs. Sometimes they discount crypto down to "cash" (ACH/wire) price, sometimes its somewhere between "cash" and credit price.

>Where did I call anything better?

I was referring to your several references to "better" in your prior comment. "Better" was first introduced by yourself, including in your straw man disagreement about not falling into the trap of decentralized being "better."