BytesOfMan

founder @firmacash

[BytesOfMan @BytesOfMan]

gap that will not persist:

- quality of crypto tech and tools
- rarity of crypto integration

Most web development still doesn't include cash

wtf is the point

[deadalnix @deadalnix]

If that's not a sign of local top, I don't know what is.

[BytesOfMan @BytesOfMan]

@LWIRED @__H0LL0W @SDude13446 In crypto, for the most part, it's safe to assume any given project does no engineering. Even in the top 30 this is true for most.

Not the case at ABC. Dev keeps accelerating through the poor price environment.

Assumption now: what we've built is impossible.

[BytesOfMan @BytesOfMan]

@PiR_K

[BytesOfMan @BytesOfMan]

@bmawjy @eCash oic they aren't android. will check it out but probably iOS first

[BytesOfMan @BytesOfMan]

@bmawjy @eCash Should be available on all android devices, what are you seeing?

[BytesOfMan @BytesOfMan]

@francispouliot_ securing money in the future will increasingly look like securing money in the past

[BytesOfMan @BytesOfMan]

in crypto, so much money is going into re-engineering legacy finance with extra complexity

still value here because legacy finance has both competence and regulatory capture problems

weird spot where crypto tech overhead is "worth it" for unrelated benefits

[Panchu @Panchu2605]

Crypto payments have a billion-dollar problem: once you send @USDC, there's no refund. No chargeback. No buyer protection. That’s why most real-world businesses still won’t accept it.

@circle just solved it.

The Refund Protocol - on-chain escrow, three refund paths (including gasless EIP-712), and automatic debt recovery when the escrow is empty. Non-custodial. No intermediary can steal funds. Enforced entirely by the smart contract.

I wrote a full technical deep-dive on @Arc House breaking down every piece - architecture, payment lifecycle, dispute resolution, the debt system, and a builder integration guide.

Also created 5 animated explainer videos covering each concept visually.

This is post 3 in my Arc House series. Post 1 covered CCTP. Post 2 covered App Kit. This one covers the missing piece: what happens after someone pays.

Refunds are the last primitive on-chain payments were missing.

Full post here:
https://t.co/3KZV6bvmbB

[BytesOfMan @BytesOfMan]

@pitdesi crypto makes cash digital and eliminates third parties

this is the only justification for its technical overhead

costs nothing to hand someone $1 or send them an email

businesses that haven't figured this out are justifying their existence instead of solving the problem

[BytesOfMan @BytesOfMan]

@Truthcoin The BTC community is academic and introspective

In the 2017 blocksize wars, they "learned" this as good behavior

Almost a decade later the problems are more obvious, and the solution is ... competing visions of academic introspection

¯\_(ツ)_/¯

[BytesOfMan @BytesOfMan]

@Austen battletoads speeder bikes tho

[BytesOfMan @BytesOfMan]

@vinisilveira016 @CashtabWallet https://t.co/KrqzNfb037

[BytesOfMan @BytesOfMan]

@mkobach bring at least one kid

now it's a favor again, and a bigger one

[BytesOfMan @BytesOfMan]

This is potentially true

But it's also why we won't learn the answer from any journalist

[nicolas, 30 ans @nic_carter]

The reason I think it will be figured out this year is because AI is finally good enough to sift through the enormous quantities of data required. And there's only a few hundred people it could possibly be.

[BytesOfMan @BytesOfMan]

Main takeaway from the Adam Back NYT fumble is that no one making these cases today was paying attention at any point from 2008-2015

New generation, new baseline

The culture tho has been quite static, especially for BTC

[BytesOfMan @BytesOfMan]

crypto has mostly reinvented banks from first principles

[shafu @shafu0x]

exploits are unacceptable and will kill defi, we need circuit breakers on a chain level

[BytesOfMan @BytesOfMan]

@vibhu Much crypto innovation in the last five years has been regulatory-driven competence arbitrage

Getting less friction by rebuilding what already exists with smaller teams, accepting crypto trade-offs without crypto benefits

[BytesOfMan @BytesOfMan]

same reason UTXO DeFi was abandoned on BTC

[BytesOfMan @BytesOfMan]

Lots of "ghost" behavior even on dominant chains like $BTC

for example, nLocktime is basically never used

it could support enforced hold periods by freezing coins until a certain date ... enhancing the standard narrative use case

[BytesOfMan @BytesOfMan]

unfortunately nobody is actually using UTXO chains for interesting things, so older features, even powerful ones, are ignored for EVMs

narrative has evolved toward something like "using is bad"

[BytesOfMan @BytesOfMan]

quality of most services is way down but you can get to-go margaritas at the airport now

bad money has its perqs