We definitely saw more crypto transaction flows going in to these regions following the current situation. But one challenge to greater adoption is the off-ramping from crypto back to fiat currencies which is largely done online by centralized exchanges such as Coinbase and Binance.
Best case is if you keep all transactions in crypto, which can then be entirely managed P2P. Compromise case is P2P trading for fiat money, which may impact your rates but is better than nothing. Otherwise, you're at the mercy of the centralized exchanges that are in turn limited by compliance and regulatory considerations.
Unless the entire world suddenly decides to adopt crypto (unlikely), the fiat component will be a major challenge for greater usage.
So at Quidli we work on enabling orgs to internally share crypto with their members as incentives using existing workflows like via web browser and Slack - online teams and communities can use crypto as digital rewards with real value to encourage participation and engagement in their objectives, missions.
We've seen solid adoption on the Slack app and so we've now pushed to prod this v1 of a Discord app. It's not yet open-source or fully on-chain, but we make it free and it offers a friendlier onboarding experience to crypto for newbies.
Super happy to answer any questions or take feedback/comments on this from the community here. Thanks!
>All of this has to be balanced, and it’s not a simple equation. There are a lot of moving parts here.
The challenges in legal tech are rarely technical; it's largely in the hands of the practioners themselves to want to change and to adopt new technologies. Evenb low-hanging fruit tools like e-mail and word processors took time to catch on; while seemingly no-brainers like e-signatures are still looked upon warily. So where does that leave even more robust solutions?
And this isn't even taking into consideration clients, who have the bargaining power to also drive some of the change but are often afraid to do so because everyone likes "having a lawyer" once they're significantly large enough to be able to afford the services of one.
Cool, thanks for the insight! I'm now considering attempting this as I've started worrying about memory and how to keep it active and healthy (in my mid 30s but people seem to make a big deal about it).
What was the criteria for the poems you decided to memorize? How did you pick - just based on stuff you already knew of, or did you actively pursue works new to you?
I once built a cloud-printing app (free printing in exchange for banner ads printed on the pages) and for an initial launch, we installed printers loaded w/ paper across a university campus. A Japanese friend recommended and even sent us paper from Japan (can't remember the brand anymore) to use because he claimed it was some of the thinnest industrial-grade available and this would help us maximize the paper capacity for each printer.
Given the media industry's history, I'm sure if anyone relevant does see your post, that white space is simply going to be used as display ad real estate.
Best case is if you keep all transactions in crypto, which can then be entirely managed P2P. Compromise case is P2P trading for fiat money, which may impact your rates but is better than nothing. Otherwise, you're at the mercy of the centralized exchanges that are in turn limited by compliance and regulatory considerations.
Unless the entire world suddenly decides to adopt crypto (unlikely), the fiat component will be a major challenge for greater usage.