Bitcoin? Ether?
Comment on I’ve been locked out of PayPal for years because of their mistake
accideath@lemmy.world 3 months agoBecause it’s convenient for paying online (one login instead of having to search my debit card and also, if I got scammed, there’d be another layer of protection for me) and it’s convenient for sending money to friends when we order pizza together or sth like that. What’s the alternative?
robigan@lemmy.world 3 months ago
accideath@lemmy.world 3 months ago
Really? Crypto? For one, I know almost no online shop that takes crypto, almost no person I’d send money to has crypto and I don’t want to own crypto either since it’s rather unstable…
shortwavesurfer@monero.town 3 months ago
Price Crypto at the one-year simple moving average, and the volatility stops. I personally use crypto all the time and make my budget using the one-year simple moving average and it completely eliminates the issue with the volatility because that average takes a very long time to move.
accideath@lemmy.world 3 months ago
Still, I don’t know any non-shady online shop that takes crypto.
Summzashi@lemmy.one 3 months ago
Cool, let’s say your average per year is a value of 50?
Meanwhile in the real world; apple costs 1 in january and 100 in december.
But yeah bro that yearly average.
You crypto bros are like a cult.
Tar_alcaran@sh.itjust.works 3 months ago
Price Crypto at the one-year simple moving average, and the volatility stops.
What? No it doesn’t, you’re just shifting the volatility from your pricing to your consumption.
robigan@lemmy.world 3 months ago
Sounds like an addoption problem for you. The question asked what other alternative there is and cryptocurrencies solve that problem. Simple as that
accideath@lemmy.world 3 months ago
They don’t. They could maybe. But I want an easy solution to transfer money to people and pay online. Crypto is not that solution because I cannot pay with it in most online shops and I cannot send money directly to other people. The money has to be exchanged to some arbitrary other currency.
Unless everybody used crypto as their main currency and everybody used the same cryptocurrency at that, it’ll always be an extra step, subject to fluctuations in exchange rate and possibly fees/taxes. As long as that’s not the case, it’s not an alternative. So yes, it’s an adoption problem but one that isn’t realistically solvable any time soon
explodicle@sh.itjust.works 3 months ago
This doesn’t solve the adoption issue, but you can use “stable coins” like DAI that are pegged to the dollar.
sznowicki@lemmy.world 3 months ago
Ever heard about chargeback? Credit card is supreme in terms of protection against scams.
Cryophilia@lemmy.world 3 months ago
Venmo, Google pay, apple pay
accideath@lemmy.world 3 months ago
No one I know has venmo. Most people I know wouldn’t even know what venmo is. I’m not even sure it’s available here in Europe. I believe it actually isn’t, can’t find it on the AppStore.
And Google pay and Apple pay are nice and I personally use them but I’m not always on a device that supports them, I’m not always on shops that support them and I know a lot of people who don’t have credit/debit cards, only giro cards, and those usually aren’t supported either. And, at least in Europe, you cannot send money to friends via Apple Pay or Google pay.
Alborlin@lemmy.world 3 months ago
In EU, you need to use PayPal at all.bank transferes are instant, banks provide disponible debit cards , you can use Google pay Almost anywhere, which keeps your Privacy. Where is that you NEED to use PayPal in EU?
accideath@lemmy.world 3 months ago
Instant bank transfers cost me 49ct each and for most people I know it’s similar. PayPal is free. And I already use Apple pay, why would I use Google pay on top?
Summzashi@lemmy.one 3 months ago
I use PayPal for their dispute feature. Bank transfers using ideal are usually final, while PayPal will charge back most of the time until the dispute is resolved. It gives you a much better position as a consumer to deal with shady companies.
shortwavesurfer@monero.town 3 months ago
Monero
accideath@lemmy.world 3 months ago
So, crypto?
HeyJoe@lemmy.world 3 months ago
Where I am from everyone used Venmo… I never wanted it, I had PayPal forever due to ebay I think in the 2000’s so why did I need another service that did the exact same thing as PayPal and it’s even owned by the same company! Sadly, I lost that battle and caved. Idk why everyone said let’s use venmo or why it got big, but I’m stuck out of convenience for others now.
Personally, I love Zelle the most since it’s a direct transfer from bank account to bank account and available immediately without the 2 day wait like the other services.
0x0@lemmy.dbzer0.com 3 months ago
Venmo is owned by PayPal, so that might not solve anything
Jean_le_Flambeur@discuss.tchncs.de 3 months ago
All data sucking big corporate leeches. I wish giropay would take off more