are you going to cover the whole process end to end, from my cash to my friends cash assuming neither of us have a crypto wallet yet?
what about transfer fees?
all in all this is way to complex for the average person and inaccessible for many.
in some countries mobile money accounts come with every phone number, and you can transfer micropayments from one number to another even across networks and even internationally. and you don't even need a smartphone. any feature phone that can send USSD codes will work. that is a working micropayment system accessible to anyone who can afford at least a feature phone.
It's way too complex. But it's possible. I'm in the US, my site will be targeting US users. if you want to do something for EU users with USSD, I'd love to collab, email in profile.
ok, it is reasonable to focus on the situation in the US.
my point about USSD codes was that a globally applicable solution for micro payments does exist, and using a complex system with many steps really just begs the question of what prevents these simpler systems from being adopted.
the answer is probably politics and lethargy. the inability or unwillingness for big companies to innovate.
to be clear, i am not criticizing your work, but the state of micropayments in the US, and i am mostly interested in discussing what can be done about that.
showing people how it can work now may or may not be part of that. personally i am more inclined to look at this process and run away screaming than make any attempts to adapt it.
yeah, fair. I'm expecting most reader's eyes to glaze over so I'm expecting zero money out of this, given all the hurdles I hit to accomplish this task that should have been easy. but the first step is to document the current state of the world and get that out there.
what about transfer fees?
all in all this is way to complex for the average person and inaccessible for many.
in some countries mobile money accounts come with every phone number, and you can transfer micropayments from one number to another even across networks and even internationally. and you don't even need a smartphone. any feature phone that can send USSD codes will work. that is a working micropayment system accessible to anyone who can afford at least a feature phone.