this post was submitted on 23 Feb 2024
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I'm extremely skeptical of crypto but micro payments and donations seem like one of the most plausible applications for it since the infrastructure can be operated for basically free to receive money and there isn't a large corporation taking a cut of every transaction unlike credit cards
Which crypto network are you talking about that can be operated for free? PoW is expensive and wasteful, and PoS is pretty much back to a regular database again.
At the end of the day here, this is a simple transaction ledger that doesn’t need to be turned into crypto, it just needs a party interested in moving the money around in these micropayments with minimal fees.