Replies (45)

Bitcoin is the best money but the reality of the world, especially the third world, is that people need access to dollars. If this is true, who cares? By the way, I write this as someone who holds only Bitcoin and 0 of anything else.
modulo's avatar
modulo 1 month ago
Looks fake and didn’t work, but I only could try the address on that screen. 7tXhFeRUB42aZQfgg5mmrzQoyMGwxUMnrsCyJKgAkPs
I think this is the right way to do this. Not wise to push for fiat to live on bitcoin rails even if its technically possible. Sending $ equivalents + atomic swaps through lightning emulates stablecoins anyway Keep fiat on the centralized captured fiat chains like Solana or Ethereum.
If we must reserve no reserve inflation bucks for the third world, I would rather use chaumian e cash tech from 1982 than some newfangled, centralized bullshit blockchain.
modulo's avatar
modulo 1 month ago
I believe it is, but maybe addresses aren’t reusable or something on Cashapp needs to be enabled, because it doesn’t recognize that input for my instance. If someone has a new address and wants to provide it to me here I’ll try again (starting from dirty fiat).
I think it probably only works on the back end. So if you want to send USDC to a friend, it would generate an address for you. You probably wouldn’t actually be able to get the SOL address any other way.
modulo's avatar
modulo 1 month ago
Makes sense, but my gut tells me this is fake, particularly since the support doesn’t have the keywords of Solana or circle (other than Circle K for paper money deposits🤣) I don’t touch alts so can’t go further into it.
We can be idealistic as long as we remain realistic. The average person is not going to be using chaumian mints. There's plenty of bitcoiners who barely even understand them much less normies.
modulo's avatar
modulo 1 month ago
Thanks for the link—“Coming soon” probably explains why it doesn’t show yet. That’s disgusting. proto-CBDC stablecoins…
Dang. RIP Cashapp I did notice that crypto is becoming much more tolerant overall among 'Bitcoiners' Sad
casey's avatar
casey 1 month ago
then they would have thought they miss understood you and they'll buy B-Cash
Maybe the steel man case for stablecoins is that they teach people how to store 12 word keys. That way, when governments use stablecoins to hyperinflate the value of fiat away, the stablecoins users can transition to a Bitcoin standard easier.
Fair enough. I just hope we're ready when they invariably don't want the dollars anymore.
modulo's avatar
modulo 1 month ago
I guessed that was their angle. Technically by accepting cash USD they are already on tokenised rails, only from the 1800’s in this example.
I'm on the fence on whether we should encourage more development in that space or just leave all the fiat to mingle with the shitcoins. On one hand we want nothing to do with any of it. On the other hand it strengthens shitcoins puts a lot more power in the hands of centralized corpo hands.