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A comment on Do we need to pay billions in fees to Stripe, Block, PayPal and Visa/MC?. Parent comment

Re:Do we need to pay billions in fees to Stripe, Block, PayP... by fragmede on Saturday August 17, 2024 @06:04PM (#41278370)
it's not just not trivial, it's quite cumbersome. but micropayments exist. assume I made some content and users wanted to give me 10 cents for it. if they didn't want to pay the 30 cent visa tax, they'd have to: create a Coinbase account, fund it, buy some crypto, install a wallet, move the crypto to the wallet, and connect the wallet to my website, before finally sending 10 cents my way. even if we handwave that the server side exists, how many users are going to bounce off of that?
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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by adamtaylor_13 on Saturday August 17, 2024 @06:51PM (#41278671)
There are solutions to this problem that don’t involve crypto.
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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by fragmede on Sunday August 18, 2024 @02:22AM (#41280515)
they all have their own problems, which leaves us in the same place. there's no practical way for the masses to give me 10 cents.
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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by jpmoral on Sunday August 18, 2024 @11:51PM (#41287650)
In many countries you can send 10 cents fee-free and real-time.
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Re:Do we need to pay billions in fees to Stripe, Block, PayP... by TimJRobinson on Sunday August 18, 2024 @06:42AM (#41281521)
Only needs to be done once though. I tip and buy things all the time with my crypto wallet now, and it's less than a cent per transaction. Just waiting on more sites and stores to support it.

Credit cards were also a PITA when they first came out.

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