this post was submitted on 30 Oct 2023
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If we are going down that route: why Kofi or Patreon? Just use bank transfers. Payment via SEPA is commonplace, FedNow is already a thing. Even "third-world", "backwards" countries like Brazil and India have digital payment networks.
That Indian payment network won't be able to deliver money to an American band
Then use Wise.
Doesn't support every country and currency pair
Neither does Patreon, Ko-Fi, or any payment processor out there. ;)
Ah, I see. You are making the case for cryptocurrency by trying to justify on the general exception instead of the practical rule... I tried that before, didn't go so well.
I mean, yeah, that would work as well. But would you trust any stranger/on the internet with your IBAN which is tightly linked to your person?
What can people do with an IBAN? They are not meant to be sensitive/protected information.