jameslewis on Nostr: I have a premium access Nostr plan I could sell you if you're interested. Only ...
I have a premium access Nostr plan I could sell you if you're interested. Only 1BTC/mo!
For me, it would be payment processing. You simply have to be faster than the competitor systems, and then again faster than your reported speed. If the velocity of the system is high enough, you get to use some of the money that's caught in the system in-transit, depending on payment latency, and especially if one is able to delay remittance for what on the surface are legitimate reasons. Plus, if you play your cards right, you get to leave clean when you fulfill all legal payments.
I imagine this is how services like PayPal, Zelle, Venmo, etc. are able to not charge fees on intra-service transactions, since they maintain control of the funds.
For me, it would be payment processing. You simply have to be faster than the competitor systems, and then again faster than your reported speed. If the velocity of the system is high enough, you get to use some of the money that's caught in the system in-transit, depending on payment latency, and especially if one is able to delay remittance for what on the surface are legitimate reasons. Plus, if you play your cards right, you get to leave clean when you fulfill all legal payments.
I imagine this is how services like PayPal, Zelle, Venmo, etc. are able to not charge fees on intra-service transactions, since they maintain control of the funds.