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Ryan Selkis
Stablecoins represent a massive disruption to the payments industry. For a $30K transaction: a) pay $1K to Stripe/Visa, wait 72 hours OR b) pay 7 cents on Ethereum, wait 30 seconds using / / .
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Ryan Selkis May 12
Great convo with CEO Michael Shaulov, who's been on a tear recently, facilitating over $30B in crypto transfers and expanding into Asia Institutional infrastructure, disruption and more. (S/O to sponsors , & )
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xnatasx May 12
Replying to @twobitidiot
Or .
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0xj0nny...Au5t1n May 12
Replying to @twobitidiot
Yes, but DAI
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Malthus John May 12
Replying to @twobitidiot
This won't change the conclusion of your argument, but it will at least show the whole story.. You need at least 2 more steps in there, including middle-men, risk, and fees to complete these transactions. The $ sign matters. Start w/fiat, end w/fiat, since that's what is sent.
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JamesCarnley.eth May 12
This example doesn't change if you send Dai. You get the $ sign back and keep all of the benefits listed above.
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May peters May 12
Replying to @twobitidiot
The choice is obvious. Crypto
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$QUARANTINE OR DIE May 12
Replying to @twobitidiot
Where’s the 1k to visa come from
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Optimistic Leveraging - 상태 May 12
3.33% fees . Accurate for paypal ?
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ShchurMoney May 12
Replying to @twobitidiot
Eth transaction for the win
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~ May 12
Replying to @twobitidiot
It's kinda really weird to name primitive uncollateralized debt as something magic aka stablecoin. I bet this shit will evaporate from ethereum community after the first major default.
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