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daghamm | 11 months ago

But maybe they can negotiate a better deal for their payments?

discuss

order

filmgirlcw|11 months ago

They don't even have the ability to group transactions together for US payments (or payments in Australia, Japan, Mexico, Malaysia, Hong Kong, New Zealand, Singapore, and others [1]) to lower fees, so I think any hope that a project like this would have any leverage is misplaced.

[1]: https://liberapay.com/about/global

Changaco|11 months ago

I asked Stripe back in 2018 if we could expect their unexplained same-region limitation on transfers to be lifted. They said it would be lifted soon. It's 2025, the limitation still exists and I still don't know why.

m00dy|11 months ago

Payment processing is dominated by a massive monopoly, leaving no room for negotiation. The industry is controlled by global elites and financial powerhouses who gatekeep access. Only stablecoins have the potential to disrupt this cycle and offer an alternative.