this post was submitted on 18 Mar 2024
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Technology

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[–] [email protected] 2 points 6 months ago (1 children)

I wouldn't recommend using Bitcoin specifically for an e-commerce site like this, both because of its volatility and its high transaction fees. A stabletoken like DAI or USDT is more specifically designed for this use case.

[–] [email protected] 1 points 6 months ago (1 children)

That's just a different color of casino chip, in the end is still cryptocurrency, which as mentioned is not where we want to be

[–] [email protected] 1 points 6 months ago (1 children)

No, you misunderstand the point of a stabletoken. They are designed to have a fixed value, usually tied to the US dollar. Is the US dollar a "casino chip"? That's what these sites usually price things in to begin with.

[–] [email protected] 2 points 6 months ago (1 children)

Yes, it is just a casino chip. The US dollar has been backed by jack shit for a long time.

[–] [email protected] 3 points 6 months ago

Then isn't Gumroad already selling goods in exchange for "casino chips?" What alternative would you suggest?