Content request: Ethereum payments as a use case

[konopkja]

This is a content request for anyone to write a beginner friendly article explaining why payments on Ethereum have become a strong use case for the technology.

Whoever wants to write the article, please first comment on this issue and we will assign it to you.

Use this style guide and best practices to format the article appropriately for our audience: https://ethereum.org/en/contributing/style-guide/

Describe the solution you'd like

A beginner friendly article explaining different contexts when payments on Ethereum make the most sense.

• What are the benefits
• Comparison with Fiat currencies
• include real world examples and data

1. Donations and relief funds

• The crypto community quickly came together to globally collect funding for relief efforts. Different donation campaigns were launched by Refik Anadol, Anka Relief DAO, Bankless DAO & Giveth, and Pak. Vitalik Buterin also donated to different campaigns. Although crypto is not allowed as a payment in Turkey, an okay was given for some organizations to collect donations. At least 6M $ was collected per this Dune dashboard following some of the addresses.

More info can be found here: https://turkiyereliefdao.org/

Recalling the similar campaigns for Ukraine and India, I think this highlights an important use case for Ethereum: To be able to quickly raise donations against emergencies globally, which otherwise would require converting foreign currencies, sending them through SWIFT (if your bank supports it) which takes days to reach, and potentially paying really high transactions fees.

Also Money disbursement programs can benefit from easy audibility of the blockchain

2. Remittances

• Cheap global payment network

3. Payments for goods and services

• provide examples of projects accepting ETH or stablecoins, which countries are farthest in adoption.

4. Salary payments

• provide examples

5. Access to foreign currencies to fight local hyperinflations

There are probably many other topics related to payments that the author of the article could research and write about. We can use this issue to coordinate and discuss ideas.

[BoluwatifeInferno]

Gm @konopkja I would love to contribute to this task. May it be assigned to me?

[konopkja]

HI @BoluwatifeInferno, this is great to hear! Assigning you the issue. Please comment here whenever you need feedback or ask questions.

Be sure to read properly our style guides linked above - every article is heavily reviewed before submitting to the website and usually takes a lot of edits.

[BoluwatifeInferno]

Thank you, I will make sure to read and incorporate the style guides linked above properly. I will also make comments when I have questions or need feedback.

[BoluwatifeInferno]

Gm @konopkja I have read the style guide and I found it extremely helpful. I would like to write about payments for goods and services as a use case. But I would also love to write about how Ethereun has helped impact donations of relief funds. Is it possible I do both or does this issue only require one submission?

[konopkja]

Hi, i think one article should contain all these use cases.

[BoluwatifeInferno]

Oh alright, that is not a problem. I initially thought to write on all, but I was considering the word count. Putting in mind that the style guide doesn't advise that I go over 1500 words.

The first draft will be ready soon.