MILLIONS OF PEOPLE ARE ABOUT TO USE SOLANA!

MILLIONS OF PEOPLE ARE ABOUT TO USE SOLANA!

how’s it going everyone it’s Sam we just
had a huge announcement I’ve covered
this in a video or two but I wanted to
give a little bit more time to it one of
the biggest payment companies in the
world just started to allow crypto
transactions I want to explain why this
is so important and how it specifically
affects salana right they’re talking
about using salana and this could give
salana a huge use case uh not that it
doesn’t have this use case already but
it can onboard millions of people to
start using salana specifically now
before we get started if you don’t mind
hit subscribe turn on the Bell
notification underneath the video
there’s also a link underneath the video
to Marx in case you want to start
trading crypto currencies there’s also a
link underneath the video to coin W as
well if coin W will load uh but there
you can start trading cryptocurrencies
both these websites are fantastic right
if you want to amplify your returns dur
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can trade these pumps and uh these
little Falls too these pumps and dumps
but you can trade this back and forth
motion or you can just get ready put
your Longs in so that you’re ready for
this next big move up I covered this in
the video last night but some people
didn’t watch it stripe is going to start
supporting Global stable coin payments
this summer this is going to instantly
settle on chain and automatically
convert to Fiat so they’ve done this
before but this is quite impressive let
me play this clip for you this a little
preview Patrick’s not the only one who
can leak things
um this is uh the stripe checkout you
know and love and you know it’s got all
the cool functionality like again a big
one for us is localization where it
looks different you know you see here um
uh depending on where the customer is
coming from it’ll give them that really
nice high converting look localized
experience but you know what’s this new
functionality over here on the right uh
we can pay with crypto so we’ll tap pay
here we’ll go to a confirmation screen
and so did I actually ah Ron hyperian
the Ghost of Christmas Past um so uh
this is our confirmation page you know
we passed in the email address for the
checkout here we’re selecting what chain
we want to pay with we’re going to pay
with salana so salana or ethereum are
the two chains here we’re selecting you
know Wallace we want to use you know use
coinbase ball or metam Mouse I’m going
to use Phantom for the purposes of this
demo so when I pay here it’s going to
bring up some UI from Phantom which is
uh the crypto Wallace that we’re using
so this is the Phantom UI here this is
not stripe UI and you see here we’re
confirming okay just let’s pause on that
for a second Network fee
.37 we’re talking about a third of a
penny for a $100 fee that’s so much
lower than anything else out there let’s
continue most like credit card companies
would charge2 or
$3 and yeah if you charge $3 that’s 100
times no 1,000 times more expensive than
using salana right now uh you know we’re
going to pay with salana the network fee
very cheap you know as we discussed um
Network fees coming down $99 now again
you’re probably used to a crypto
transaction You’re Expecting uh you know
me to bring out another guest here and
you know we’ll do A8 minute uh conver
conversation while we wait for the
transaction to clear but that is old
crypto are you ready for the new crypto
world you have to look very closely and
not blink you
ready oh that’s Happ that’s it we’re
done
and that that confirmation page was not
like this has been entered in a queue
you know we’re going to now go do
something it has now been posted to the
blockchain already and so if I go into
my Phantom wallet here and go into the
Explorer you see here sent at 958 uh
today we can view on the salana
Explorer um this is uh I think the
Explorer just loading is on the
blockchain here we go this is so you can
go to this URL yourself if you are
eagley and see this is a real poster
transaction to salana chain similarly we
can view it in the stripe dashboard so
if we click in here to our 958 a.m.
payment you see here we’ve made a
payment with crypto and again stripe
handles everything for you you just got
$98 into your bank account um but that
is crypto coming back to
stripe okay so think about that for a
second instant finality it doesn’t have
to go through credit card companies for
a few days to get finalized no you get
paid right away now why would stripe do
this well I mean first of all they’re
the only ones that touch it right
they’re the only ones that get fees it’s
also cheaper but they still get a fat
chunk I me take a look at that 999 C fee
so basically it’s it’s a 1%
fee right it’s a 1% fee that they get
instead of
3% let me go back to the end screen here
uh it’s a 1% fee instead of 3% for the
customers so quite cheap
but but they still get 1% at the end of
the day but there’s instant finality too
so stripe can offer it and say Hey you
can cut down your fees
66% everything’s going to be oneir as
expensive we’re the only ones getting
the fee and you can also get it
instantly that’s pretty attractive now
is everyone going to flock to use crypto
are are people going to flock to use
crypto not
necessarily uh but what if some of these
companies start offering incentives to
use crypto so let’s say instead of
charging an extra 3% for credit cards or
maybe maybe they don’t even charge extra
right now right maybe they just say okay
you can pay with credit card or you can
get 1% off your order for using crypto
maybe even 2% so if they say you get 2%
off your order by using crypto they
don’t actually gain anything except for
instant finality but they don’t actually
they don’t get the transaction for
cheaper or they don’t uh they don’t make
any more money but they can start
teaching people to use crypto so maybe
they just ask people use salana right
give 2% back it makes people want to
start setting up a salana wallet which
can be pretty easily uh pretty pretty
easily done they bring more people into
crypto and then you know after a year
they say 1.5% or 1% uh you can save 1%
by using salana and then eventually they
move it down to like 0.25 something that
shows hey you can still use salana for
cheaper uh or will make it cheaper to
use salana but they still make a good
amount from people using salana instead
of using a credit card maybe they say
hey we’re always going to give 2% off to
people that use salana so the fees are
the same but we get paid instantly
that’s coming from the small business
perspective so really interesting there
maybe I’ll even chop that up into its
own video but yeah stripe is making
waves with this like there are a lot of
people that are going to be onboarded to
crypto they’re going to look at it and
say why would I not use crypto it’s much
cheaper it’s much cheaper it’s final
right I get paid right away I don’t have
to wait there are no inventory issues
you know there are a lot of use cases or
a lot of reasons why someone would want
crypto specifically instead of using a
credit card company maybe it gets
declined too right uh this way they know
instantly if they should sell a product
if they should give access to a product
um all that kind of thing right like let
me know your thoughts on this though
underneath the
video again this is much bigger than
something like strike right or Jack M’s
company stripe is massive one of the
biggest companies in payments in the
world so them onboarding crypto it’s
huge let me know your thoughts though
again you can check out the links to
Marx and blin underneath the video in
case you want to start trading
cryptocurrency thank you so much I’ll
see you in the next one bye

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