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Stakeholder Proposals / Re: [Worker] Integration of BTS with Wirex
« on: August 25, 2019, 12:52:34 am »This worker is good only if wirex are willing to create a "BitAssets" stablecoin alternative to how much account holder is handling at their end, this will let Wirex users to exchange between BTS and Wirex "BitAssets" stablecoin and withdraw "BitAssets" by cards at any time.Meanwhile major amount of BTS are dumped as bounty to get bitCNY listed on CEX? Getting BTS integrated will provide EMEA debit card access which massively simplifies using Bitshares for everyday finances IRL. What you propose is out of scope.
This has to be discussed with Wirex, and the integration for this from their side is not complex.
OTHERWISE IT WILL BE JUST ANOTHER LEGACY COIN FASHION LISTING AT CEX
This has to be discussed with Wirex, and the integration for this from their side is not complex.You may have missed that the real thing here is the legal paper work for being compliant with credit card networks!
It surely not about the technicalities of integrating bitshares.
Also, if you can convince their lawyers that bitAssets are not securities, then that can be done right afterwards.
Before trying to convince their lawyers; we have to design the bitAssets to not get classified as a security.
I suggest to have discussions about the current design and mechanism of profits of the bitAssets then to study how can bitAssets pass the howey test initially before starting promoting bitAssets in a common enterprise that facilitates cards transactions.
Why? The worker proposal states that BTS will be integrated primarily, not the bitassets - thus your concerns are out of scope.