5min chapter

Bankless cover image

101 - The Ownership Economy | Li Jin

Bankless

CHAPTER

Is the Native Payment of the Internet Possible Without Crypto?

If we had only included payments natively in the browser, what could have been? What utopia did we accidentally miss by not integrating that in the early days of the internet? But i'm wondering if we might accidentally be being naive about other problems we might have also missed. There was a protocol am that a bunch of different companies and browser companies were also working on called set am, set protocol, secure electronic transaction m which was this protocol for securing credit or debret card payments over the internet. And they needed o partner with a whole bunch of stakeholders like merchants, eing banks, am, credit card companies, all the browsers, et cetera. They never really got any

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