That site is a marketing nonsense (all nosie, no signal; and replacing STORJ with USDT keeps the text valid), but I appreciate the answer, and it tells me all I needed to know.
Because someone has to pay. Now storj shifts this to vendors and customers’ sholders. Every single customer and vendor pays the price. Individually. in teh form of volatility, conversion fees, transfer fees.
Picking payment solution that does it centrally and on the scale will be cheaper. Why? Because it would be on scale, and not everyone DIYing it themselves.
Why do you think payment processors exist if they are “fees with no benefits”?
Or, more precisely, people want the money they received for services provided to “not be lit on fire”. They want for the value received to persist until it reaches their bank account.
Is this too much to ask? Is is an unresonable ask?
Storj has money my nodes earned in USD. They swap it to STORJ (fee), tranfer to my wallet (fee), unknown time passes before I can swap to usd during which unknown amount of value is lost (unknown fee), then finaly I swap it to USD(fee), and send to my bank account (free in US, maybe anohter fee elsewhere).
How the hell is this cheaper and better than storj paying payment processors to handle all that, and avoid back-and-forth stupid swaps, but mainly – value loss?
Payment processors would actually optoimize – US operators transfer will be cheap. Kimbuktu transfer will be more expensive. Not storj’s problem. They focus on storage. Paymen processor will focus on payments. Storj will save money because they can pay operators less, and operators will receive more, because value won’ tbe burned on uselsess back and forth swaps.
Becasue operators are eating the cost. How long can storj abuse vendors? I don’t know. But this does not create goodwill.
