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115 sats \ 5 replies \ @benthecarman 19 Jan \ on: Sulu: API Monetization with Lightning bitcoin
We had something like this when I was at Suredbits and it never really got off the ground. Lightning doesn't have enough adoption and it doesn't really solve a problem here. Users are happy to link a credit card and settle up at the end of the month
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0 sats \ 4 replies \ @037447d9ca 19 Jan
Not all users are happy with credit cards. How is it not solving a problem for the unbanked?
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105 sats \ 0 replies \ @benthecarman 19 Jan
You're not wrong, but apis are normally paid for buissnesses that have banking. The market isn't very large for paid apis for unbanked people
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22 sats \ 2 replies \ @freetx 19 Jan
Using LN for this encounters too many technical / logistical problems.
API that stops working because your LN channel is not balanced correctly, and then needing to pay $50 to rebalance channel to earn $.005 per API call is not worth it.
The unbanked may not even be able to afford the channel open / close fees....so....
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20 sats \ 0 replies \ @037447d9ca 19 Jan
Being unbanked does not mean being poor.
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0 sats \ 0 replies \ @rblb 19 Jan freebie
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