Comment by emtel

Comment by emtel 10 hours ago

Stablecoin payments are currently a hugely growing business, mainly for B2B payments as I understand it. I think its really hard for people who have absorbed 10 years of anti-crypto groupthink from HN to digest the fact that crypto is here to stay and is finding legitimate use cases.

Stablecoin payments really are just better: - Instant settlement - Extremely cheap - Extremely reliable - Highly programmable - Built on open protocols - International

There are no traditional banking systems that offer all of these properties!

If anyone is tempted to reply with "okay but that could have been done with a database" I would really encourage that person to try to think hard about why that didn't happen.

majkinetor 9 hours ago

Yeah, its amazing how much anti-crypto HN is. I decided to invest entire year in learning technology and I couldn't be happier on that decision. The entire ecosystem of mainstream coins is mind-blowing and too big to fail at this point.

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umpalumpaaa 10 hours ago

I once had to go through a SWIFT certification and it was a nightmare… They make you jump through so many rings… They make you buy hardware from them (for their certification runs), their documentation is awful. Their test environment is awful (no logs, no clear error messages, etc). Sadest time of my life.

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