Honored to support OneImaging in their quest to make diagnostic imaging cheaper and more accessible!
More generally โ I believe this will be one of many proof points that show how technology / capitalism can help improve healthcare!
@Jason Klarnaโs latest raise, and specifically is this repricing unique to this company and the consumer fintech sector or is this a shot across the bow for the entire private market tech ecosystem?
@Molandrox@Netpositive5@SBF_FTX Yeah the solution that Ripple is building really solve this problem at an enterprise and banking level not the end user level. Regardless of the underlying chain I think this is a problem that needs to be fixed.
@Molandrox@Netpositive5@SBF_FTX Yeah lol, I think the ideal state is that it gets converted by the exchange at the time of confirmation, aka its automated so it is time bound risk. But yeah your approach works assuming the coin doesnโt de-peg.
@Molandrox@Netpositive5@SBF_FTX The idea is you donโt hold it any longer than you need to, in this example only a few seconds. But your not wrong assuming there is enough liquidity in the on/off ramp for USDC. But this week taught us that stable coins are stable until they arenโtโฆ ๐
@Molandrox@Netpositive5@SBF_FTX Yeah more or less. It has a confirmation time of a few seconds and transaction fees are like .0000001 so limited cost. Then itโs as fast as the exchange can transfer it to a local account. Tradfi is slow so that last step is too. With the move to CBDC it could be fasterโฆ