Stripe Crypto
It is important to recognize that Stripe is largely selling well-made shovels for the gold rush here. They have a history of diving more deeply into this market [1] and withdrawing from it before [2], so this is just Take 2. This time around, they are not <i>themselves</i> buying Cube Thingies or similar and don&#x27;t have any exposure to the volatile world of ETH or other coins.<p>I think there will be decent transfer of money from venture-funded NFT startups to Stripe for the next few years, followed by a dip in the market when the startups discover that selling digital art is less of a viable market than they realize.<p>I am personally skeptical about the end market, but Stripe seem well-insulated from the risks. I&#x27;m curious what people who are bullish on this think though – what might I be missing about the digital art market? I think paying 12 million pounds for a Renoir is bananas too, but people certainly do it [3]. I just expect digital stuff to be more volatile because it&#x27;s hard to communicate that combination of artisanship and rarity.<p>On the topic of well-made shovels, I highly recommend the Voile Telepro in HN Orange [4] as a portable snow shovel to keep in your car if you live in a snowy climate. They will probably be on sale in spring and summer.<p>----------------------------------------<p>[1] <a href="https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20150516061807&#x2F;https:&#x2F;&#x2F;stripe.com&#x2F;bitcoin" rel="nofollow">https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20150516061807&#x2F;https:&#x2F;&#x2F;stripe.co...</a><p>[2] <a href="https:&#x2F;&#x2F;stripe.com&#x2F;blog&#x2F;ending-bitcoin-support" rel="nofollow">https:&#x2F;&#x2F;stripe.com&#x2F;blog&#x2F;ending-bitcoin-support</a><p>[3] <a href="https:&#x2F;&#x2F;www.christies.com&#x2F;en&#x2F;lot&#x2F;lot-pierre-auguste-renoir-1841-1919-6190579&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.christies.com&#x2F;en&#x2F;lot&#x2F;lot-pierre-auguste-renoir-1...</a><p>[4] <a href="https:&#x2F;&#x2F;snowmetrics.com&#x2F;shop&#x2F;voile-shovel&#x2F;" rel="nofollow">https:&#x2F;&#x2F;snowmetrics.com&#x2F;shop&#x2F;voile-shovel&#x2F;</a>