this post was submitted on 24 Jul 2025
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Not really a meme meme, but i felt like i had to :s

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[โ€“] chuckleslord@lemmy.world 2 points 3 days ago (1 children)

Alright. Here's an argument why crypto doesn't do that.

Today: Me Payment processor Vendor

Crypto tomorrow: Me Payment processor Crypto Crypto fees Payment processor Vendor

So not only am I paying the payment processor twice as much for the interaction (it doesn't matter which processor, since the issue at hand is their monopoly) thus rewarding their censorship, I also wasted a whole bunch more money for the privilege.

[โ€“] Knock_Knock_Lemmy_In@lemmy.world 1 points 3 days ago* (last edited 3 days ago)

Yes, the round trip is more expensive.

But if you receive some income in crypto and park it in a stablecoin (like USDC) then you can avoid the price volatility risks and round trip fees. The crypto fees are much less than 2% and this also avoids rewarding censorship.