this post was submitted on 29 Jul 2025
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[–] zr0@lemmy.dbzer0.com 11 points 1 day ago (4 children)

I hate to say it, but this would be one use case where crypto currencies would be ideal. Or any other decentralized solution.

[–] artyom@piefed.social 10 points 1 day ago (2 children)
[–] zr0@lemmy.dbzer0.com 5 points 1 day ago

Oh right. I keep on forgetting about this awesome project. Now I wonder why it is not successful and I fear the lobbyism of banking and payment providers is just too good.

[–] JohnWorks@sh.itjust.works 2 points 22 hours ago (1 children)

First I’m hearing of this. I don’t really understand how it works? From what I’ve read it says it’ll take your money to some exchange and then give you an anonymous digital version in the app/account. I’m assuming it’s not as simple as putting a card in and being able to buy something like on Amazon or something. Both the seller and buyer need to use it right?

[–] artyom@piefed.social 4 points 22 hours ago

There's no exchange. It's just USD. It's just payment processing platform.

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