“free speech” is effectively irrelevant when a small handful of people, all of the same class, and almost entirely of the same opinion, control banking. right wing social media platforms are next.https://twitter.com/business/status/1428422301536727043 …
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the new york times to authoritarian policy pipelinehttps://twitter.com/PostCultRev/status/1428587369867792392 …
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Real question: This is a huge opportunity for any bank willing to handle these customers. Why doesn't Brex or Mercury or, i dunno Farmers Bank of Iowa, just say "fuck it", allow it, and instantly sign up onlyfans/pornhub/etc?
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because then Operation Choke Point happens
End of conversation
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Could a video platform allow payments in bitcoin and then sell the cryptocurrencies on exchanges and give the content creators dollars?
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hsbc would do it no cap
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This is why
@terra_money@stablekwon is such a better alternative and focusing on integrating with merchants. What are banks gonna do when merchants prefer UST, a fully stable decentralized currency with more productivity than the dollar?Thanks. Twitter will use this to make your timeline better. UndoUndo
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How about Square?
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Use
$LUSD or$DAI as a base currency. Swap to USDC via@CurveFinance... Cash out via@coinbase or a number of other exchanges for real world necessities.Thanks. Twitter will use this to make your timeline better. UndoUndo
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But there are tons of off and on ramps for crypto now. Nigeria's central bank tried to cut them all off, and that didn't work, everybody does p2p. There is p2p with KYC (Paxful) and without (Bisq, private networks). Should work for OnlyFans successors just as for Nigerians
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black markets that convert crypto <-> cash. in argentina when i visited it was fairly easy to find these dealers
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