Why Nostr? What is Njump?
2024-10-26 17:06:10
in reply to

bostonwine on Nostr: That’s a respectably nuanced take 🤝 Considering that most exchange/swap services ...

That’s a respectably nuanced take 🤝

Considering that most exchange/swap services offer shitcoins, at least providing an easy and private platform to exchange crypto for Bitcoin (for anyone who’s gained the understanding of why they should) is a good thing.

Maybe there’s a “middle way” where the messaging can emphasize Bitcoin, or link to articles for users who might be looking education.

Example: new user hears that there’s an opportunity to accept crypto for their charity campaign, not knowing the difference. The setup could default to Bitcoin, or even offer to accept any crypto and auto-swap into Bitcoin, with a link or tooltip as to why it’s the best money for their campaign (ethical, un-censorable, no leader/decentralized, etc) and could leave open the free-market option to choose a different currency (even fiat?) if desired.

It would create an opportunity to “feed the good” without (I assume) requiring a technical overhaul, or preventing inexperienced-but-well-meaning customers from discovering the product (and even being steered in the right direction once they sign up). My two sats ⚡️

Of course, you don’t need me to tell you how to manage your product, but I love thinking through this stuff and appreciate the discussion 🤝
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