Quote (NetflixAdaptationWidow @ Oct 16 2022 11:31pm)
What is cakepay? Looks like you just buy a gift card with your crypto and then use the gift card at the vender.
It's... definitely an interesting way to solve the spending problem. Putting out a heat map of accepted vendors is pretty dishonest knowing it's just a gift card transfer service though.
as mentioned in the original post, it's an integration directly within the
https://cakewallet.com and
https://monero.com mobile wallets:
Quote (derpykitty @ Sep 1 2022 01:15am)
i guess i kinda see your point about the heatmap that it's not straight up stores accepting natively (even tho some do and already did accepted it natively)
still, from the youtube video from above where he using it directly within the store to buy food by just scanning his phone, for a user experience, there isnt much difference tbh
the reddit thread for the maps at:
https://teddit.net/r/Monero/comments/y0fujt/heat_map_and_interactive_map_of_all_the_locations/someone being like:
Quote
niceeee
i bought something in person with xmr for the first time a couple days ago, it wasnt cakepay (was from target so i can only do coincards) but it was a super easy experience
cakepay is faster right? there are places round where im at that take cakepays cards
to which the reply was:
Quote
Yes! The gift card appears directly in Cake Wallet in only seconds.
meaning that the other map is still useful as you can ltierally zoom in and it'll give the exact store location and can do the purchase in person within the app while being inside the store, so yeah, for a user experience, that's basically like using something like apple pay or whatever
the app also doesnt require personal data, only a mail which obvi can be single use and also the "AndroidID" on android which just making a new android user is generating a new id anyways as explained on that reddit thread:
https://teddit.net/r/Monero/comments/wpa19u/update_on_cake_pays_providers_requirement_of/which in comparaison to the other similar services:
Quote
How does this compare to other providers?
Most other providers collect this information silently as listed in their privacy policies. Here are three common examples:
Coincards:
Online Identifiers: Geo location/tracking details, browser fingerprint, OS, browser name and version, and/or personal IP addresses.
Bitrefill:
Technical Data, (e.g. your IP, geolocation and browser fingerprint);
Bidali:
Online Identifiers: Geo location/tracking details, device identifiers, browser fingerprint, OS, browser name and version, and/or IP addresses used to access our Services.
and the other options like debit card and such are fully kyc'd so fuck that
cash is still nice, however in some places govs trynna push for cashless... so basically that's the digital equivalent of cash by being non-kyc'd and fungibile