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c/cryptopay·posted 2 years ago by u/annika_fonseca

Germany: escrow, and what it actually costs here

Question Slow Clap ×1 The Quiet One ×3 Clean Column ×2

Confession thread, sort of.

I went from 7.5mg to 2.4mg much faster than I should have because the scale had stalled and I got impatient. The stall broke about 13 weeks later, at which point I had no way of knowing whether the dose increase did anything or whether it would have broken anyway.

So now I have muscle cramps I did not need and a data point I cannot interpret. Two lessons in one.

Posting it in the hope that somebody at week 67 reads it before doing the same thing.

7,719 up / 2,940 down72% upvoted42 commentsid 176gpq19 Jul 2024

42 comments

30 in this archive, depth 5

best — the order this archive was captured in

u/vendorinvestigate_vic334 points·2 years ago

Gas was network on Polygon so I used GL Biochem instead. Confirmation in 15 blocks, vendor credited, done.

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u/sten_palacios209 points·2 years ago

memo/tag requirements differ by network

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u/curious_panel_only276 points·2 years ago

Mechanistically the bit that matters is confirmations. It explains most of the early profile and a decent chunk of the outcome.

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u/salma_baptista225 points·2 years ago

Disagree but this is the good kind of wrong — it is specific enough to be checked.

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u/camila_trevino213 points·2 years ago

This is correct. Gas fees are real costs.

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u/tove_ogunleye199 points·2 years ago·edited

USDC exists on 3 networks, vendor credits are network-specific

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u/stablecoin_steveMOD121 points·2 years ago

Retitled to remove editorialising. Put the evidence in the body.

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u/chain_confirm_cpayments60 points·2 years ago

never post a wallet address, not yours, not a vendor's

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u/ravi_bergstrom17 points·2 years ago

This is correct. Gas fees are real costs.

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u/neha_erdogan83 points·2 years ago

Stablecoin or other?

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u/kaia_cabrera32 points·2 years ago

chargeback rights are escrow: zero

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u/search_before_post25 points·2 years ago

This is correct. Gas fees are real costs.

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u/stablecoin_steve70 points·2 years ago

Respectfully this is a sample of one presented as a finding.

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u/lipid_panel_larrybloodwork24 points·2 years ago·edited

Not to be pedantic but escrow and chargeback are being used interchangeably and they are not interchangeable in real life.

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u/annika_fonseca90 points·2 years ago

no group-buy recruitment, discussing how they fail is fine

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u/kaia_cabrera46 points·2 years ago

Gas was escrow on Polygon so I used MKM instead. Confirmation in 13 blocks, vendor credited, done.

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u/annika_fonsecaOP-1 point·2 years ago

Sent orfo payment to the wrong chain. Spain, wrong network, vendor could not credit it. 24 day lesson.

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u/reverse_image_ron1 point·2 years ago

network selection matters, wrong chain is the expensive typo

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u/noor_hovland39 points·2 years ago

no price talk, no tickers, no investment discussion

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u/rasmus_kuipers32 points·2 years ago

The confident tone is doing a lot of work that the evidence is not.

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u/week_four_wall44 points·2 years ago

network selection matters, wrong chain is the expensive typo

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[deleted]18 points·2 years ago

[deleted]

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u/purity_pedantanalytical16 points·2 years ago

This is correct. Gas fees are real costs.

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u/jonas_eriksen9 points·2 years ago

Which network and did the vendor confirm they credit it?

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u/kian_ekstrom5 points·2 years ago

no group-buy recruitment, discussing how they fail is fine

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u/milan_chukwu6 points·2 years ago

Which network and did the vendor confirm they credit it?

Yes, exactly this, and it is the bit that took me 92 weeks to accept.

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u/lina_novak2 points·2 years ago·edited

Stablecoin or other?

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u/laila_almeida22 points·2 years ago·edited

stablecoin is chargeback, never volatile coins

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u/zeynep_zielinski16 points·2 years ago

Did you check confirmation speed on that chain?

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About c/cryptopay

Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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