BitShares Forum
Main => General Discussion => Topic started by: hamiltino on September 29, 2014, 02:46:22 pm
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So i wanted to buy some shares from international markets and the amount of red tape i had to go through put me off. I was thinking if for example i wanted to buy facebook shares, it could be possible to buy the asset from the bitshares exchange without going though any paper work.
Also imagine a bitUSD(whatever local currency you need) debit card, I would have all the benefits of using fiat, not needing to worry if a merchant accepts bitAssets and still with all the benefits of a digital currency; anonymity, instant global transfers..etc. This would take off more than any bitcoin debit card because you don't have to market it as a cryptocurrency as there is no volatility. Consumers will never have to worry about whales pumping and dumping coins...etc.
Pretty cool implications.
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
Do you ever sleep ? This is incredibly good news!
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
+5% +5% +5% +5% +5% +5% I wish I could go to Vegas, you better make good videos.
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
Amazed. Will it be discussed at vegas?
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
Amazed. Will it be discussed at vegas?
Not publicly.
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
Amazed. Will it be discussed at vegas?
Not publicly.
Booking flights asap
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Also imagine a bitUSD(whatever local currency you need) debit card
Working on this :)
Just bought some more btsx
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bitAsset integration on Circle...
... or a platform that directly competes with Circle's feature set.
Imagine if the client/trading interface could be funded directly via credit card/debit card.
Boom, just leap frogged the entire industry.
Use a credit/debit card to buy BTC/BTSX/bitGLD/SLV/APPL etc.
Instant on-ramp.
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Step 1) Get a credit card bill you can pay off using BitUSD
Step 2) Find an easy way to buy BitUSD.... credit/debit cannot be accepted due to charge backs... will have to be a wire transfer.
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Step 1) Get a credit card bill you can pay off using BitUSD
Step 2) Find an easy way to buy BitUSD.... credit/debit cannot be accepted due to charge backs... will have to be a wire transfer.
How is Circle managing the chargeback risk?
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Step 1) Get a credit card bill you can pay off using BitUSD
Step 2) Find an easy way to buy BitUSD.... credit/debit cannot be accepted due to charge backs... will have to be a wire transfer.
How is Circle managing the chargeback risk?
Accepting it as a business cost.
Perhaps the best short-term solution would be to pitch Circle on integrating bitUSD/CNY/EUR/GLD/SLV.
Longer term a reputation system could be used to mitigate charge-back fraud on the Bitshares platform.
Higher rep, higher limit. Minor fraud covered out of the insurance fund.
A direct link to the fiat pipeline is critical and credit/debit cards are the answer.
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Make sure to contact Eric at GoCoin in Vegas. They accept Litecoin and Doge, BitUSD or BitSharesX is a natural progression.