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Every crypto processor copied the bank model. We deleted it.
There is a pattern in crypto payments that nobody questions. A merchant signs up. The processor creates an account. The processor assigns a wallet. The customer pays. The funds land in the processor’s wallet. The processor holds the funds. The processor settles eventually (minus fees). This is not a crypto payment. This is a bank transaction with a blockchain receipt. --- The Copy-Paste Problem BitPay launched in 2011. It was revolutionary at the time — a way for merchants to accept Bitcoin when nobody else would touch it. But the architecture was a carbon copy of Visa's settlement model: merchant signs up, processor holds funds, processor settles later. Every competitor since has copied the same blueprint. Coinbase Commerce. BTCPay Server gets closer but requires self-hosting. Strike. Ope…