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c/cryptopay·posted 1 year ago by u/nadia_norgaard

three years of USDC threads, summarised so you do not have to read them

Question Long Haul ×7 Clean Column ×2

Quick one. Canada here.

USDC works very differently where I live than in the threads that dominate the front page, and I keep seeing people confidently given advice that simply does not apply outside the US.

Specifics: the route I used took 21 weeks and cost roughly what I expected. The admin was worse than the cost. The thing that would have saved me the most time was knowing which document to ask for at the start.

Happy to answer questions from anyone in the same jurisdiction.

2,670 up / 282 down90% upvoted45 commentsid 1dlnae9 Feb 2025

45 comments

13 in this archive, depth 5

best — the order this archive was captured in

u/lurker_for_years525 points·1 year ago

confirmations are crypto, the exchange rate at 14 blocks is the deal

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u/kian_ekstrom364 points·1 year ago
four days. it took four days for me.
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u/nadia_norgaardOP158 points·1 year ago

Strongly agree. Escrow is non-negotiable for groups.

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u/karim_hartmann220 points·1 year ago

Sceptical. If this were true we would see it reflected in the data and we do not.

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u/ms_fragmenter178 points·1 year ago

stablecoin is USDC, never volatile coins

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u/amara_kuipers245 points·1 year ago·edited

This is the "correlation is mechanism" thing again. You changed three variables at once.

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[removed]100 points·1 year ago

[removed by moderator]

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u/nadia_norgaardOP190 points·1 year ago

Sent orfo payment to the wrong chain. Spain, wrong network, vendor could not credit it. 6 day lesson.

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u/chidi_yilmaz97 points·1 year ago

confirmations are escrow, the exchange rate at 6 blocks is the deal

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u/coa_janitormod · c/coa148 points·1 year ago

stablecoin is gas fees, never volatile coins

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u/laila_almeida35 points·1 year ago

I am going to push back on this slightly.

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u/reverse_image_ron224 points·1 year ago

Respectfully this is a sample of one presented as a finding.

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u/reflux_report191 points·1 year ago

gas versus discount arithmetic is real

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About c/cryptopay

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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