Block Receipt

Human readable receipts for on-chain transactions blockreceipt.io/?utm_source=tw…

Anybody got a legible readable record of what the agent actually bought and from whom..?

People first is our matra when deciding on execution. Its not enough to just give people data you need to help them understand it too.

So the institutions are now in the game just not in the way anyone anticipated. Stables entered the chat in 2014 and now they are the narrative among the 'serious people' this is great, new entrants means adoption boost. It also means new approaches to old problems are needed.

If you are a business that accepts crypto payments for your services/goods don't force your customers to "check the chain" for receipts. Send them our way, its simpler!

Before: "Here's the tx link, figure it out" After: "Here's your receipt in plain english" Same data. Different outcome.

Technology that centers humans will always win in the long run that is our raison d'être

@0xgilllee @arc @Stable @0xgilllee the USDC-as-native-gas angle is the underrated part of this. Genuine question from someone building in payments UX as stablecoin rails go mainstream, do you see transaction documentation/receipts becoming a real gap, or is that already solved somewhere I've missed?

The upcoming mainnet of @arc is the official shot of Circle when Tether incubated @Stable to be the USDT-native payment network. In contrast, Arc is set to be the USDC-native payment network. What do we know of Arc so far? + Native gas token paid in USDC + A built-in FX engine, deterministic sub-second finality, and opt-in privacy + More than 100 companies were participating, including banks, asset managers, payments firms, stablecoin issuers, wallets, developer tools, cross-chain infrastructure, and DeFi protocols Arc is moving towards tokenized products as Circle has a wide range of partners in the field. As Arc is coming closer to its mainnet, projects should be tried out on Arc include: + @ArcPump + @warponarc + @actfunxyz And native protocols from Arc testnet page.

@degeneer03 @jessepollak @waldoforrealz @degeneer03 the 30% + TDS squeeze on top of banking friction is brutal. Curious, does the paperwork side ever bite too (client invoices, tax documentation for on-chain income), or is it all off-ramp pain?

@jessepollak @waldoforrealz Totally agree with you! 💯 I’m a freelancer and I get paid in ETH/USDC and honestly the Indian crypto exchanges are a pain in the ass because of their strict regulations and taxes. If i could receive INR in crypto and spend it directly that’ll be golden.

why are international stablecoins important?

@a16zcrypto Makes sense, they are getting along just fine without it (DeFi) but the cost savings from Blockchain infra are getting harder to ignore

@suilendprotocol We would argue they not just the main character in DeFi but in blockchain general

Stablecoins are the main character in DeFi right now. But not all stablecoins are the same. There’s more to it than which stable has the highest APR. Learn more ⤵️

Friends, romans and tax accountants we want to hear from you, how do you like your crypto records, formatted for the machine or for you?

@CryptoTaxJme Use us to get a human readable record while you're at it

🚨 Crypto Tax Planning 🚨 Assuming the draft legislation comes in: If you are holding a huge loss on stables, you might as well crystallise them before April 2027 before they no longer are allowable. On the contrary: If you are holding a huge gain on stables, you can keep hold of them until April 2027 to ensure they are no longer taxable either. Subject to changes of course. But just food for thought. Simple. Might be effective if you have large amounts of stables.

"I just want to send my accountant a pdf that allows them to get on with what they do well not teach them how a block explorer works"

@CryptoTaxJme Finally, some clarity we can all work with

🚨Major crypto tax changes proposed🚨 HMRC has published draft legislation covering: ✅ Crypto loans and liquidity pools ✅ Stablecoins becoming exempt from Capital Gains Tax in certain cases ✅ Expanded HMRC information powers and access to digital records This could mean borrowing against Bitcoin without the collateral transfer being treated as a disposal, provided the qualifying conditions are met. The rules are still draft and open to consultation. (GOV.UK) Crypto loans: gov.uk/government/pub… Stablecoin taxation: gov.uk/government/pub… HMRC information powers: gov.uk/government/pub… For UK crypto tax advice: 📧 hello@mynaL2.co.uk 🌐 MynaL2.co.uk #CryptoTax #BitcoinTax #HMRC #Bitcoin #Stablecoins #DeFi #CapitalGainsTax #UKTax #CryptoLoans #LiquidityPools

@Eljaboom Utility...one tool at a time blockreceipt.io/?utm_source=tw…

Are we still building utility projects or has crypto become one big casino?

@EmanAbio Extending that analogy further I just want a bank statement I don't need a PhD in cryptography to understand either...

would any of you post your bank statement on X? probably not so why should anyone expect billions of people and the world’s largest institutions to move their money onchain without privacy?

Stop me if you've heard this before, "we're building for the next billion users" or "we're building for the next million developers" okaaay so who is building for the average consumer that doesn't want to have to context switch every other tool?

@base ...and our tooling will be there to support!

How do stablecoins reach global adoption? Coinbase sees Base as key to making it happen

@karrier_one 🔥 looks amazing

One text. That’s how easy it is to send money now. Karrier One is moving beyond the phone number to change how the world transacts. 📲