Of course it wasn't. A centralized payment processor defeats the main purpose of, and your need from, cryptocurrency. Alas, it's hard to distinguish info from the self-serving disinfo of centralized/vulnerable biz in this space. https://twitter.com/mdudas/status/1065365633829871617 … https://nakamotoinstitute.org/trusted-third-parties/ … https://twitter.com/getongab/status/1065367687495266304 …
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Replying to @van_flymen
Sadly no, disinfo is huge wrt censorship resistance. Too many centralized "crypto" biz are still busy duping controversial services into thinking they share this crucial attribute, then screwing them when inevitably their single point of failure falls prey to political activism.
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Replying to @NickSzabo4 @van_flymen
I can remember the
@getongab guy in a video where he is standing in s field & it's snowing & talking about how speech is being censored on the social media platforms , I think he is joking here2 replies 0 retweets 6 likes -
But his alternative social platform is also centralized, thus censorable by infrastructure providers, & they made repeated bad decisions to use centralized payment processors. Despite their awful experiences they are still in early stages of learning about censorship resistance.
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OK your probably right on that, they really have to think through how something is structured but at the same cashflow & paying all their bills has to be done too _ it is a kind of a paradox : you can be pro crypto & decentralisation but you are tied to the 'real' world as well
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They are getting shut down by almost every major infrastructure provider. To survive they have to go full turkey crypto with their supply chain -- pay their employees & as many suppliers as possible in a trust-minimized crypto. If they can't or won't do that they will die.
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Is there a market for people willing to be paid in Crypto yet? I'm a software engineer in New York City and as enthusiastic as I am about crypto, I don't think I'd be able to survive without a shit ton of hoops to jump through...
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They have to create the market, or they will die. If that means paying their employees more, or doing it offshore, or whatever it takes, that is what they have to do or else their service is dead and their vast user community shut off from each other.
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Replying to @NickSzabo4 @van_flymen and
Aside from a few clients, 80% of my earnings are paid in Bitcoin. Not many hoops to jump through. The problem is that most people have bills to pay that are not payable in crypto and have to immediately cash out (in which case, it makes more sense to just get paid in fiat)
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Right, have to work both sides of the supply chain, keeping the Bitcoin going and in and out roughly balanced in the long term.
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Replying to @NickSzabo4 @irnagoh and
IMHO miners leaking fiat back to energy providers is the first sign that there's adoption
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