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c/cryptopay·submitted 2 months ago by u/cormac_erdogan

reading USDC threads from 2024 and half of it aged badly

Warningbranch of 9 comments

Genuinely asking, not being difficult. Everyone in c/cagrilintide repeats that crypto is important. I believe it, but I have never seen anyone show why, and when I search I get 12 threads of people agreeing with each other. Is there a paper? Is there a measurement? Or is this one of those things that is true because…

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9 comments, started 2 months ago
u/purity_pedantanalytical83 points·2 months ago

This is correct. Gas fees are real costs.

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u/neha_rahimi45 points·2 months ago

This is correct. Gas fees are real costs.

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u/kaia_cabrera23 points·2 months ago

Slight fix: the number was 97.4, not 97.2. Decimal point, but a fairly consequential one.

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u/cormac_erdoganOP12 points·2 months ago

Edit to your parent would help — the concentration you quoted assumes one scenario and you have written another above it.

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u/camila_trevino51 points·2 months ago

Strongly agree. Escrow is non-negotiable for groups.

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u/gradient_goblin12 points·2 months ago

Strongly agree.

Counter-anecdote: opposite result, same dose. Which mostly tells us the variance is huge.

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u/salma_baptista0 points·2 months ago

USDC exists on 15 networks, vendor credits are network-specific

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u/protein_first_pnutrition1 point·2 months ago

Which network and did the vendor confirm they credit it?

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u/cormac_erdoganOP1 point·2 months ago

no price talk, no tickers, no investment discussion

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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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