this post was submitted on 24 Jul 2025
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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.
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.