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Offline testz


http://cointelegraph.com/news/114576/buyanycoin-a-prepaid-crypto-card-at-your-local-store

Quote
Once a customer purchases a BAC card, they can log in to BAC's website and select the cryptocurrency they'd like to redeem it for. BuyAnyCoin Beta currently supports Bitcoin, Litecoin and Ripple, but has plans to support more currencies such as Dash, Nxt, and BitShares.

Offline Frodo

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Re: [FYI] BuyAnyCoin: A Prepaid Crypto Card at Your Local Store
« Reply #1 on: June 26, 2015, 03:08:08 PM »
Very cool. That would make it so much easier for new people to get into crypto.

Offline Permie

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Re: [FYI] BuyAnyCoin: A Prepaid Crypto Card at Your Local Store
« Reply #2 on: June 26, 2015, 03:37:35 PM »
I can't find an email address on https://buyanycoin.freshdesk.com/support/solutions/folders/5000226410

Is this a good target for a UIA fundraiser?
Perhaps members could hold ~10% ($1k) of their fundraiser target in escrow between trusted delegates, with the stipulation that it will go to the fundraiser if issued as a UIA.

Thoughts?
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Offline luckybit

Re: [FYI] BuyAnyCoin: A Prepaid Crypto Card at Your Local Store
« Reply #3 on: June 26, 2015, 04:48:56 PM »
I can't find an email address on https://buyanycoin.freshdesk.com/support/solutions/folders/5000226410

Is this a good target for a UIA fundraiser?
Perhaps members could hold ~10% ($1k) of their fundraiser target in escrow between trusted delegates, with the stipulation that it will go to the fundraiser if issued as a UIA.

Thoughts?

Couldn't UIA's be sold like this? As part of Buyacoin?
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Offline Permie

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Re: [FYI] BuyAnyCoin: A Prepaid Crypto Card at Your Local Store
« Reply #4 on: June 27, 2015, 03:22:42 PM »
I can't find an email address on https://buyanycoin.freshdesk.com/support/solutions/folders/5000226410

Is this a good target for a UIA fundraiser?
Perhaps members could hold ~10% ($1k) of their fundraiser target in escrow between trusted delegates, with the stipulation that it will go to the fundraiser if issued as a UIA.

Thoughts?

Couldn't UIA's be sold like this? As part of Buyacoin?
Technically I assume it's possible but it depends on the demands of the state controlling buyanycoin's employees.
If they deem one UIA as bad and scary, then all UIAs have the potential to be tarnished with the same FUD so it may not be worth the risk to BuyAnyCoin

Market pegged assets aren't issued or controlled by anyone, they arise out of a voluntary agreement between members of a membership organization so there isn't a legal risk for them to trade MPAs.
Assuming the gift card allows MPA redemption in a way that does not give control to buyanycoin. I doubt they will be allowed to look after customer funds post-purchase of the card without licensing.
So unless they're paying the fee for the privilege of trading and getting licensed I assume that the card has backing other than a promise from BuyAnyCoin
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