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General Discussion / Re: Proposal for Angelshares Investment in a DAC Trading Platform
« on: January 11, 2014, 10:56:21 pm »
I like the whole platform DAC-Fiat idea. I am in favor of such a project and in favor if such a project was to take place to fund part of it with Angel Shares and if the project completes initial founders to get benefits (as with Kehottee for example). That is the idea I believe in supporting the community's projects. I liked the nice surprise with Angel shares for Kehottee Founders but If such benefits are known in advance, even better. Budgets and estimations and some numbers would be nice...For example estmated total project cost, estimated funds needed, estimated benefits (shares from the platforms profits for example would be nice) for those who contribute if the project succeeds etc..
I would suggest to follow the model of Bitstamp or BTC-E and pursue licenses from cryptocurrency friendly countries rather than in the US. Slovenia, Bulgaria are friendly but risky. UK, Germany I think might be good options since are friendly as well and less risky. I would also suggest Cyprus. The Bitcoin was known to the masses after Cyprus banks deposits were confiscated. The University accepts Bitcoins as payment now, they are a taxheaven country so you may find very good support over there for obtaining licenses and operate.
I agree a lot with Bitcoinfan. Let Bitcoin give the fights obtaining regulation from the US and the rest of the world. Once this is achieved everything will be easier for the other cryptocurrencies as well. Ofcourse beeing proactive is always good! I also liked the idea of a partnership with Ripple. I don't like how it operates, it is quite complicated for a user like me but I don't see any harm in such a partneship. In the end of the day the user will have the option to exchange PTS-BTC-Fiat and PTS-XRP-Fiat. Although I think there is already a PTS gateaway within Ripple. Again I am not very familiar with Ripple. I just like the idea of partnerhips.
What about Cryptsy? They have announced on their site for quite some time that soon USD market will be available. How will they do that? They are in they US, they are FINCEN registered. If they do it I3 should be able to create a DAC-fiat platforma well. Maybe I am mistaken but I don't think Chryptsy is a very big company with many funds...
I would suggest to follow the model of Bitstamp or BTC-E and pursue licenses from cryptocurrency friendly countries rather than in the US. Slovenia, Bulgaria are friendly but risky. UK, Germany I think might be good options since are friendly as well and less risky. I would also suggest Cyprus. The Bitcoin was known to the masses after Cyprus banks deposits were confiscated. The University accepts Bitcoins as payment now, they are a taxheaven country so you may find very good support over there for obtaining licenses and operate.
I agree a lot with Bitcoinfan. Let Bitcoin give the fights obtaining regulation from the US and the rest of the world. Once this is achieved everything will be easier for the other cryptocurrencies as well. Ofcourse beeing proactive is always good! I also liked the idea of a partnership with Ripple. I don't like how it operates, it is quite complicated for a user like me but I don't see any harm in such a partneship. In the end of the day the user will have the option to exchange PTS-BTC-Fiat and PTS-XRP-Fiat. Although I think there is already a PTS gateaway within Ripple. Again I am not very familiar with Ripple. I just like the idea of partnerhips.
What about Cryptsy? They have announced on their site for quite some time that soon USD market will be available. How will they do that? They are in they US, they are FINCEN registered. If they do it I3 should be able to create a DAC-fiat platforma well. Maybe I am mistaken but I don't think Chryptsy is a very big company with many funds...