You can do that by making a smart contract that the payee can only pull X amount from on certain block intervals, and the payer can deposit and withdraw from a often as they like. It would essentially be a checking account.
Also re: auto converting tokens - you can jusr make a service to do that, it doesn't have to be a smart contract. A smart contract probably could be used with a DEX though, but I think that may be needlessly complex.
> You can do that by making a smart contract that the payee can only pull X amount from on certain block intervals, and the payer can deposit and withdraw from a often as they like. It would essentially be a checking account.
Honestly it's pretty trivial. I haven't tested it (it does at least compile), but I had GPT-4 write a contract for this[0]. Obviously don't use this for anything meaningful, just meant to convey the idea. More features could be added to do things like allow the account creator to add / remove more payees with their own withdrawl rates, allow them to directly transfer to someone besides themselves (analogous to paying with a debit card).
Literally no artist anywhere has ever received an actual payment from an actual customer with this method (I'm not counting the artist themselves making a test payment).
No, if Gumroad bans you, you can't just set up your own crypto smart contracts and make money that way. This is some academic crypto anarchist fantasy.
You can look at the code. It's like 50 lines. It is logically trivial. I was replying to a comment that called it "super interesting", which is why I pointed out how trivial it is.
> No, if Gumroad bans you, you can't just set up your own crypto smart contracts and make money that way.
