Row 4926

Row ID: 4926 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 4926 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

It is very ridiculous that merchants who accept crypto payments only accept Bitcoin and some of the most expensive fee tokens on the market like ETH.

Do they realize BTC and ETH transactions cost exorbitant fees?

Do they realize cheaper (and faster) tokens exist?!?

If you're accepting crypto payments then it should be with "transactional" tokens that are low fee, for example:

* SOL * XRP * XLM

With low-fee tokens like SOL, buyers don't have to check the network for the current fee and make the necessary purchase adjustments. They just send and go! But with Bitcoin and Ethereum, making payment transactions are a hassle and a major cost inconvenience. It gives me a very low opinion of merchants who take payments in Bitcoin. When are merchants going to realize this?!?

I get that Bitcoin was the 1st, and it's the one that everybody talks about the most, and that ETH is popular, but they're not the smartest choices for a transactional business, because they're not transactional tokens.

FieldValue
text It is very ridiculous that merchants who accept crypto payments only accept Bitcoin and some of the most expensive fee tokens on the market like ETH. Do they realize BTC and ETH transactions cost exorbitant fees? Do they realize cheaper (and faster) tokens exist?!? If you're accepting crypto payments then it should be with "transactional" tokens that are low fee, for example: * SOL * XRP * XLM With low-fee tokens like SOL, buyers don't have to check the network for the current fee and make …
label r/solana
dataType post
communityName r/solana
datetime 2024-04-23
username_encoded Z0FBQUFBQm5LakwyRWxqYVVnbHQ3SjFTX2hfNW82aWY1Yzl5dnp1VmF5V3ZkLVJ1YmVGa28wV29rOXkyRnAyalhVMTV1eFVpNVVUa3VmOW5qOEZpcVJsR1VJbmJGQllrVnlpREVLdVlvQW9sMDZvQmpyYi13am89
url_encoded Z0FBQUFBQm5Lak9GeEFac2lUbTVSbXp5RURNeENwNmJlaUMxaUpMY29TQmFPY1JQRzhtMkE2QW5WU0ZCVWExalluRkdqS1dWUmZQR0kwOWwzVHJZSWI1NHlTZFVya0lpWjVoa0tSb1hqNlZwc2dGUENXVXN1Ukw3TmtweWpEdlNnZ0V5T1pnYTIyQ2VCYVlhOG5VSG1hX3RfRGJRVV9xaG9fUlNfeklIcTNHQjd5YnU3aUFibXlqcWtmYXRfNV9wZkxTVFRGVmZ4d1BCbVFBc1NQSVdWR3ZvQ1dzUjVSdlVPdz09

Raw Record

{
  "text": "It is very ridiculous that merchants who accept crypto payments only accept Bitcoin and some of the most expensive fee tokens on the market like ETH.\n\nDo they realize BTC and ETH transactions cost exorbitant fees?\n\nDo they realize cheaper (and faster) tokens exist?!?\n\nIf you're accepting crypto payments then it should be with \"transactional\" tokens that are low fee, for example:\n\n* SOL\n* XRP\n* XLM\n\nWith low-fee tokens like SOL, buyers don't have to check the network for the current fee and make the necessary purchase adjustments. They just send and go! But with Bitcoin and Ethereum, making payment transactions are a hassle and a major cost inconvenience. It gives me a very low opinion of merchants who take payments in Bitcoin. When are merchants going to realize this?!?\n\nI get that Bitcoin was the 1st, and it's the one that everybody talks about the most, and that ETH is popular, but they're not the smartest choices for a transactional business, because they're not transactional tokens. ",
  "label": "r/solana",
  "dataType": "post",
  "communityName": "r/solana",
  "datetime": "2024-04-23",
  "username_encoded": "Z0FBQUFBQm5LakwyRWxqYVVnbHQ3SjFTX2hfNW82aWY1Yzl5dnp1VmF5V3ZkLVJ1YmVGa28wV29rOXkyRnAyalhVMTV1eFVpNVVUa3VmOW5qOEZpcVJsR1VJbmJGQllrVnlpREVLdVlvQW9sMDZvQmpyYi13am89",
  "url_encoded": "Z0FBQUFBQm5Lak9GeEFac2lUbTVSbXp5RURNeENwNmJlaUMxaUpMY29TQmFPY1JQRzhtMkE2QW5WU0ZCVWExalluRkdqS1dWUmZQR0kwOWwzVHJZSWI1NHlTZFVya0lpWjVoa0tSb1hqNlZwc2dGUENXVXN1Ukw3TmtweWpEdlNnZ0V5T1pnYTIyQ2VCYVlhOG5VSG1hX3RfRGJRVV9xaG9fUlNfeklIcTNHQjd5YnU3aUFibXlqcWtmYXRfNV9wZkxTVFRGVmZ4d1BCbVFBc1NQSVdWR3ZvQ1dzUjVSdlVPdz09"
}

Entry Information