this post was submitted on 02 Jan 2022
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Privacy
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I think having payment in the messaging app will be expected as it is becoming the norm. But I don't like that signal is partnering up with a private crypto coin corporation.
Is the answer necessarily cryptocurrencies? Maybe a stablecoin version or just some different intermediate way to send payments privately that doesnt involve cryptos?
There is GNU Taler from GNUNet project (its not popular ofc), and hashgraph (discussion here https://libredd.it/rty0vt ), the main advantage of monero and crypto more generally is to have a way to send money.
Stablecoin is also full of shit, as in practice it is backed so little and with securities rather than moneu that it can easily crash. I heard that Nova coin transactions used in WhatsApp trigger movements in underlying USD accounts, if that's more what you'd be expecting?