I wanted to share some thoughts on the significant fees we currently pay to companies like Stripe, PayPal, and Visa/Mastercard, which run into billions annually.
These fees are largely due to the complex infrastructure and intermediaries involved in traditional payment processing. However, the Bitcoin Lightning Network offers a promising alternative.
The Lightning Network is a decentralized, second-layer solution built on top of Bitcoin, allowing for near-instant transactions at a fraction of the cost.
It eliminates many of the intermediaries that drive up costs in traditional systems, potentially saving businesses billions in fees.
Additionally, it supports micropayments and offers enhanced security and privacy, making it a viable option for reducing our reliance on traditional payment processors.While there are challenges in adoption and regulation, the Lightning Network could become a strong competitor to these established players within the next decade, offering a more efficient and cost-effective solution for processing payments.
I write an email with my poor language skills, bad grammer and autism and paste it into the text box and prompt chatgpt to "rewrite this message in a concise and friendly manner: <email>"
Avoid the banks, governments and middlemen and use bitcoin. You'll save a ton of time and money by avoiding transaction fees and bureaucracy. Every person with a cellphone can accept the donation.
How do you avoid the mid afternoon slump? My afternoon are pretty much a write-off until the early evening. I have tried avoiding carbs and sugars for lunch and have a pretty good bowl of oats for breakfast. Ive just come to accept that its my Circadian rhythm and such plan my productive hours around the early mornings.
This is a far more common reality than the media reports. I too have had this problem and had to resort to finding cheap wifi just for updates. While internet access is fast and cheap in large dense populations in africa, there are still millions of people with limited or expensive internet access.
No sports is huge in Africa, Specially the Premier League. Most people only have a subscription to Multichoice because of the sport package that's included with the subscription. Having said that, it is possible to stream the Premier league - if you already have a Multichoice subscription.- South African.