Payment Processors Earned More Than $500 Billion in Fees in 2022 – Opportunities for Ordinary People to Earn Income through On-Chain Pledge
According to reports, according to official Twitter and Coinbase, citing public data, payment processors in the United States alone charged more than $500 billion in fees in 2022. “If it is not a large company operating and making money from payment infrastructure, ordinary people can earn income from it.”. With the option of on-chain pledge, the pledge verifier can earn up to $3 billion in 2022.
Coinbase: Pledge verifiers can earn up to $3 billion in 2022
Analysis based on this information:
The message highlights the sky-high earning potential of payment processors in the US in 2022, with reports indicating that they charged fees in excess of $500 billion. The message cites Coinbase and Twitter as sources for this information, both of which have access to public data. The message further comments on how ordinary people can leverage opportunities to earn income from payment infrastructure, even if they don’t operate large companies in this space.
One such opportunity is an on-chain pledge that allows the pledge verifier to earn up to $3 billion in 2022. This potential income opportunity allows people to participate in the blockchain ecosystem by staking their tokens to support the network’s security and earn rewards in return. The on-chain system verifies the authenticity of the blockchain transactions, and the pledge can either be taken directly by the network or through designated validating nodes.
Pledging is not specific to blockchain; it has been a long-standing practice in finance and lending as a security or collateral. It is, however, blockchain-based on-chain pledge that is gaining popularity due to its immutable nature and security features. The on-chain process helps bring transparency to the system, through smart contracts and other verification procedures, which help secure the pledge and earn income from it.
Some notable benefits of using on-chain pledges are the increased transparency due to decentralized verification, improved security with encryption, and ease of transaction. Unlike traditional means of collaterals or security, which may require intermediaries, on-chain pledges reduce the cost of intermediation by eliminating counterparty risk through algorithms and automated verification. The on-chain pledge also generates considerable interest for the pledger, increasing their earning potential.
In conclusion, the message highlights the potential earnings for payment infrastructure in 2022 while also showcasing ways ordinary individuals can earn income through on-chain pledge systems. Blockchain technology is becoming increasingly accessible, and the opportunity to enhance earnings for all is certainly becoming apparent. With the increased popularity of blockchain technology, there is immense growth potential for individuals to earn passive income through transparent, secure and efficient means such as on-chain pledges.
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