Coin is actually a step in the perfectly fine, sideways direction. It keeps everything on the credit card rail - something where there are fees so ridiculous that Congress actually PASSED legislation to limit them - that's amazing.
Stripe, Square, Coin, whatever - they all are just more convenient ways to make fee-based payments.
Why don't we just make payments from our banks directly? Did you know that's not only possible, but extremely easy now AND feeless? What if you didn't have to even give out your account number to merchants, what if you didn't even need to KNOW your account number to make them? What if I've been processing payments like this for 3 weeks now, have processed thousands of payments, and have done so without asking the user for anything they didn't know off the top of their head?
We don't need fees on our payments - if you agree and you're a developer who takes payments, email me @ tommy@thecityswig.com and let's talk. Not gonna try to sell you anything, I need your thoughts.
This is probably the first time you've heard me talk about this, but I'm starting in the comment section here on HN to start getting the pulse. I can't wait to discuss this hear in the coming months!
Stripe, Square, Coin, whatever - they all are just more convenient ways to make fee-based payments.
Why don't we just make payments from our banks directly? Did you know that's not only possible, but extremely easy now AND feeless? What if you didn't have to even give out your account number to merchants, what if you didn't even need to KNOW your account number to make them? What if I've been processing payments like this for 3 weeks now, have processed thousands of payments, and have done so without asking the user for anything they didn't know off the top of their head?
We don't need fees on our payments - if you agree and you're a developer who takes payments, email me @ tommy@thecityswig.com and let's talk. Not gonna try to sell you anything, I need your thoughts.
This is probably the first time you've heard me talk about this, but I'm starting in the comment section here on HN to start getting the pulse. I can't wait to discuss this hear in the coming months!