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327 points beeburrt | 2 comments | 16 May 25 06:23 UTC | HN request time: 0.423s | source

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Nebbit123 ◴[16 May 25 07:05 UTC] No.44002535[source]▶

It's fascinating that neither the article nor the comments here include a single mention of "stablecoins" which seems like the obvious solution to this problem.

replies(6): >>44002542 #>>44002642 #>>44002650 #>>44002777 #>>44002779 #>>44002811 #

1. arbll ◴[16 May 25 07:50 UTC] No.44002811[source]▶

>>44002535 #

- Stablecoin as an output requires BuyMeACoffe to implement KYC

- Stablecoin as input adds a lot of friction on the donor with KYC again

Crypto is just massive overhead for everyone in its current state

replies(1): >>44002967 #

2. johnisgood ◴[16 May 25 08:19 UTC] No.44002967[source]▶

>>44002811 (TP) #

Yeah, but the only reason for this overhead is the Government, of course.

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BuyMeACoffee silently dropped support for many countries (2024)