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Gigi | 2 months ago (raw) | root | parent | reply | flag +9 
 Fiat can only be sent via credit rails. Credit requires KYC, which brings friction and deplatforming.

In the long term, #value4value for non-mainstream content can only work via something that isn't credit, ergo bitcoin. 

https://dergigi.com/2022/12/18/a-vision-for-a-value-enabled-web/#credit
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Joe Martin 🎶🟠⚡ | 2 months ago (raw) | root | parent | reply | flag +1 
 Agreed. But how do we get people from fiat to sats without sending them to an exchange just so they can make a 10¢ transaction for a song they enjoyed? Is there some loop hole of a minimum amount without kyc? Or do we need to wait for hyperbitcoinisation? 😅
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corndalorian | 2 months ago (raw) | root | parent | reply | flag +2 
 Mine may be an unpopular opinion, but I feel it is a pragmatic one, that for now it is necessary to use a mix of fiat and bitcoin payments for V4V to be a viable monetization model even for bitcoiners. Strike offers a feature in particular that is suited to this use case, and that is that a Strike user can pay directly from their fiat balance to a bitcoin or lightning invoice/address. This still requires onboarding people to Strike, and the associated KYC there, but it also removes the friction of them having to buy bitcoin and then send it. But even still, I think the OPTION (and I emphasize option) for people to tip V4V artists in fiat is necessary. Otherwise, the market for such content is limited to ONLY bitcoiners willing to spend bitcoin, and that market is probably already over-saturated with supply of content.
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d293dec8 | 2 months ago (raw) | root | parent | reply | flag 
 brilliant idea and correct in my opinion..I practice what you explained
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corndalorian | 2 months ago (raw) | root | parent | reply | flag +1 
 What do you find works well for you when it comes to v4v? What doesn’t work well?
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d293dec8 | 2 months ago (raw) | root | parent | reply | flag 
 this new experiment on primal, with lighting, will change the earth.
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Gigi | 2 months ago (raw) | root | parent | reply | flag +1 
 nostr:nevent1qqsprgkkt5lhcuxs2g4w6zgp05tezavefljtks78ryjdsufunffsmqgppemhxue69uhkummn9ekx7mp0qgsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycrqsqqqqqpt2dswr
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Laeserin | 2 months ago (raw) | root | parent | reply | flag +1 
 Theoretically, yes. Practically, we're usually using KYCed Bitcoin because we have to exchange fiat to get Bitcoin and the gov controls the on-ramps.