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« on: September 29, 2014, 02:46:22 pm »
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.