Re:Why Is Coed Cherry Shutting Down?
by foooorsyth on Thursday November 09, 2023 @09:54PM
(#38214537)
>It would be nice to know what points of friction exist.
Is this a serious question? You can't buy food at the grocery store with crypto. Employees likely don't even know how to accept a salary in crypto. Your landlord doesn't accept rent payments in crypto. Your bank and auto lender don't take mortgage/car payments in crypto. Your utility providers don't accept crypto. BTC block time is too slow for literally any point of sale transaction.
Re:Why Is Coed Cherry Shutting Down?
by fragmede on Thursday November 09, 2023 @10:40PM
(#38214789)
If CoedCherry accepts payment in crypto, cashes it out to USD using Coinbase, they're back in the regular money system and no one in that list needs to knows anything about crypto.
Is this a serious question? You can't buy food at the grocery store with crypto. Employees likely don't even know how to accept a salary in crypto. Your landlord doesn't accept rent payments in crypto. Your bank and auto lender don't take mortgage/car payments in crypto. Your utility providers don't accept crypto. BTC block time is too slow for literally any point of sale transaction.
Is that enough friction for you?