bagder, 1 month ago

why? because crypto is generally insane. If they want to fund us, we gladly accept funding. Why insist on doing it via weird funny business? I think it rather smells of trickery and I will not go near it.

ecn, 1 month ago

@bagder big respect, Daniel. Keep up the good work!

jlamoree, 1 month ago

@bagder Maybe they’ve got a little extra in the heroin and ransomware budget this month?

sageofredondo, 1 month ago

@bagder they want you to use it and talk about it?

Took a quick look. In theory you can exchange it without fees at coinbase, but it essentially is tokens that claims to be dollars so the people sending it would have to collect tax info from you.

https://www.coinbase.com/usdc

It is funny. How are they suppose to make money with no fees? Seems they skim part of the interest the dollars from the treasuries they hold?

feld, 1 month ago

@bagder it's real money though... you just login and cash it out... USDC is audited and everything; this is no different than if you got the $2,000 via PayPal or CashApp

https://www.circle.com/en/transparency