2026-01-15 12:38:01

The concept of "cryptocurrency payments" has been promoted for years, but the core issue might be misunderstood.

In simple terms, users don't really care what you use for payment—cryptocurrency or fiat currency. What they truly need are these three things: faster transaction speeds, lower fees, and transfers without regional restrictions.

The reality is, if traditional financial systems could meet these needs, who would bother with crypto payments? It's precisely because fiat systems can't be fast, cheap, and borderless that crypto payments have their significance. Conversely, if crypto payments are just as slow and costly as traditional systems, they lose their competitive edge.

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DAOplomacy

· 5h ago

honestly this hits different. the game theoretical implications here are... not trivial. we've been optimizing for the wrong variables arguably, and that's a sub-optimal incentive structure if i've ever seen one. path dependency's a real bear.

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LiquidityLarry

· 5h ago

Someone should have said this earlier: fundamentally, it still has to be cheaper, faster, and seamless than traditional finance; otherwise, it's just self-congratulation.

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gm_or_ngmi

· 5h ago

To be honest, this statement hits the nail on the head for many projects. It still has to be ten times faster than traditional systems, otherwise it really doesn't make much sense.

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AllTalkLongTrader

· 6h ago

To be honest, I agree with this tone. The crypto world constantly shouts "decentralization revolution," but users don't really care whether you're centralized or not; they just want cheap, fast transfers without delays. Now there's a bunch of L2s and sidechains being hyped up, but transaction fees are still ridiculously high, and speeds haven't improved much. What's the advantage over traditional payments?

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