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c/cryptopay·submitted 1 year ago by u/chidi_yilmaz

23 months in and gas fees is still the thing I get wrong

Explainerbranch of 7 comments

Right, the USDC question again, but with numbers this time. I have 4 data points over 32 weeks. The pattern is consistent enough that I do not think it is chance, and boring enough that nobody is going to screenshot it, which is usually a good sign. The thing I would flag for anyone new: the effect I am describing…

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7 comments, started 1 year ago
u/hugo_pires82 points·1 year ago

Strongly agree. Escrow is non-negotiable for groups.

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u/chidi_yilmazOP61 points·1 year ago

Group buy used escrow. 18 people, 5 shipped without drama. Escrow is the insurance.

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u/nora_ramos25 points·1 year ago

no group-buy recruitment, discussing how they fail is fine

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u/yara_mensah12 points·1 year ago

Strongly agree. Escrow is non-negotiable for groups.

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u/jarno_cabrera51 points·1 year ago

chargeback rights are gas fees: zero

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u/kian_ekstrom15 points·1 year ago·edited

Did you check confirmation speed on that chain?

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u/karl_fischer_kev27 points·1 year ago

confirmations are gas fees, the exchange rate at 13 blocks is the deal

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Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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