Makers, would you accept subscription fees in stablecoins such as DAI or USDC?
Haq
3 replies
Hello PH makers,
It would be very helpful if you voted no or maybe to get a little more info in the comment section as to why. Thank you!
Replies
Archisman Das
Brew Money | Take control of your crypto
Will I accept - yes. Will I prefer is a function of the benefits that needs to be uncovered though I can think of a few.
Share
@archisman_das
Two main benefits for accepting subscription fees in stablecoins:
-Much lower fees than dealing with credit cards & payment gateways.
-It's the easiest and cheapest way to own large amounts of crypto
Some of the benefits for your business to own Crypto:
-Non Custodial if using the right wallet (what I personally love the most)
-Gaining access to DeFi’. Great for earning your business higher passive income on savings than your bank.
-Payroll is way cheaper and faster, especially when it's cross border.
-Automated and programmable transactions. (Smart Contracts)
(There are however a few problems for businesses to accept crypto and potentially run and manage all their expenses on crypto which is a dream of mine especially for startups. Will create a new post on this later)