BitShares Forum
Main => General Discussion => Topic started by: lil_jay890 on March 03, 2015, 12:06:02 am
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This article appeared on coindesk. They appear to be trying to create a remittance service without the customer knowing they are using bitcoin as the medium of exchange. I know we have been trying to do this with bitshares lately. It could be a great opportunity to get a gateway up and going in South America. I have contacted them with an email about the usefulness of bitshares, but maybe @matt608 or @Gentso1 could follow up as well since you guys are the pros.
http://www.coindesk.com/volabit-satoshitango-rebittance-argentina-mexico/
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the biggest problem is the liquidity. We need some market maker to finish this.
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the biggest problem is the liquidity. We need some market maker to finish this.
I talked to them awhile back and xiahui is correct. We simply don't have enough liquidity for people to get in and out.
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It's a chicken and an egg problem with liquidity.
2 options:
1. Market our wallet like crazy in Argentina and by doing so increase our liquidity and finally attract those bigger player.
Then move up to bigger player.
2. Focus on big player, like ripple, and bring it big players who are sold on the vision.
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The key players now working on this with bitshares in Argentina are @elmato and Pablo. They should be posting news soon about this.
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Great to hear! Looking forward to the update