Not despising the passion and effort. But isn't services like this, trying to solve the problem by reintroducing the very same problem it claims to be solving?
- shitcoinery
- fiat-mindset
- centralization
TL;DR
Addressing the Concerns Critics often dismiss Bitcoin payments citing two barriers: Price Volatility and User Complexity. The market, however, has already engineered solutions to both.
The Volatility: The chain analysis data shows that while Bitcoin is the preferred store of value (89% of purchases), Stablecoins are the medium of exchange (43% of volume). Modern apps (like Tapnob) use Lightning as the transport rail while settling in Fiat or Stablecoins. The user sends value instantly over the network but holds a stable asset. Lightning becomes the pipe and the dollar (or Naira) is the water.
The Complexity: The "Internet" was once hard to use until browsers abstracted the complexity. Similarly, the next generation of African wallets has abstracted channels, liquidity management, and invoices. Users simply scan a QR code or type an address; the protocol handles the routing.