• Laser@feddit.org
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    3 hours ago

    I mean if it’s competitive, why not?

    The thing is it’s unlikely you’d find a payment provider making this viable. For example, PayPal charges 49 US cents as a minimum fee, or 39 Eurocents. Even just credit card companies charge 5 cents fixed, so cheap payment processors will charge you about 10 cents per transaction plus variable rates and possibly a monthly fee.

    • squid_slime@lemm.ee
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      2 hours ago

      True but these companies are gate keeper that also work with fiet to crypto so its just moving the issue. If I want to convert my British pounds I will be charged even if I sent it physically. How do you buy nano coin?

      • Laser@feddit.org
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        2 hours ago

        It’s true that you need to factor in the conversion fees. The same however is true, maybe for a smaller fee, when converting between fiat currencies, though my bank is usually pretty fair. Other providers - again PayPal being an offender and often ATM operators - will often have worse rates.

        NanoGPT itself doesn’t sell crypto I think, they include sellers for convenience. I provided mine years ago on Kraken which is a market exchange.

        For testing, I just transferred 0.1 XNO to them, which arrived basically instantly without fees, it was credited to the wallet before I switched back windows to my browser.

        I’ll try a prompt and get back here if you want? I mean this is not really the core of the discussion but for completion’s sake…

        Edit: I created this with the Flux Pro model (the most expensive one I think) for about 0.1 XNO: AI result of "A close-up view of a girl looking through a wall of glass with her right hand touching the glass wall. Behind the glass wall, there's space with stars visible. The glass wall is slightly cracked, creating a prism of light."

        • squid_slime@lemm.ee
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          2 hours ago

          So entry cost is the kicker, like for myself I don’t have any crypto, or at least crypto I can access (lost my monero keys) so for me to use nano I would still need to face conversion fees.

          Tbh I hear about speeds but I’ve not had issues of slow transfers when it comes to fiat.

          Sure, is it comparable to open AIs chatgpt?

          • Laser@feddit.org
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            2 hours ago

            If you want, I’ll send you some to an address of your choosing; you can just use nault.cc as a wallet.

            Due to how the site works, you can choose what model etc. they have without ever sending them any money.

            like for myself I don’t have any crypto, or at least crypto I can access (lost my monero keys)

            Didn’t we all? Nobody warned me of the dangers of boating

            • squid_slime@lemm.ee
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              2 hours ago

              Lol that picture is good but the little girl has a baby hand. That’s very nice of you but I won’t deprive you of your coins, another time maybe

              • Laser@feddit.org
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                2 hours ago

                Lol that picture is good but the little girl has a baby hand.

                I’ve seen presidents with smaller hands… anyhow, NanoGPT doesn’t run the models themselves, they have professional accounts for the models with the respective providers and basically resell access in per request amounts without an account or anything (your account is just a wallet address, no name or email required). I just wanted to showcase something where cryptocurrency can actually fill a niche.

                That’s very nice of you but I won’t deprive you of your coins, another time maybe

                All good, I still keep to the idea of cryptocurrency as a decentralized currency for the internet and have no issue with tipping some away if people actually engage in discussion honestly