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Messages - tbone

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Technical Support / Re: NXT and BTS on a common Graphine blockchain
« on: July 18, 2015, 10:55:26 pm »
Quote from: devlux on July 18, 2015, 10:37:54 pm
Sorry but isn't it more likely that BTS would be re-implemented in NXT?  Not trying to start a flamewar here, just saying they DO have this...   http://nxt.org/about/monetary-system/

Have you checked out Bitshares User-issued Assets?
https://bitshares.org/technology/user-issued-assets/


Quote from: devlux on July 18, 2015, 10:37:54 pm

The main reason I prefer BTS to NXT is the solid pegging mechanism and yield interest on bitUSD.
I know more than a handful of others that feel pretty much the same way.

If bitUSD is changing, then it changes the whole value proposition in my mind.  Nevertheless that pegging mechanism is essential to widespread adoption.  The yield is admittedly secondary, but I would hold a whole lot less bitUSD if there wasn't a good yield.

Thanks for the info guys, it's helpful!

If I'm not mistaken, you will still be able to earn a yield in Bitshares 2.0, but not just by having your bitUSD sitting there.  You actually have to lend it out.  This can be done via the Collateralized Bond Market feature:

https://bitshares.org/technology/collateralized-bond-market/   

632
Nanocard / Re: BitUSD supported NanoCard - Spend your BitUSD to fiat everywhere 24/7
« on: July 18, 2015, 09:16:56 pm »
Hi Ronny, 3 quick questions for you please:

1. Can one fund their CCEDK account with USD fiat?  If so, via what methods (wire transfer, ACH, etc)?

2. Does the Nano Card work with merchants accepting Visa/Mastercard in the U.S., or only in Europe?

3. What is your latest estimate as to when the Nano Card will be up and running with your exchange?

Thanks.

-tbone

Hello @tbone, thanks for the questions.

1. Yes you can fund with fiat, please check other thread here. It is SWIFT wire transfer, and for anyone outside US, it might be the least expensive way to make of the Commerz bank as the correspondent bank, also mentioned in thred, In general any questions on that when you are ready to transfer, dont hesitate to ask. https://bitsharestalk.org/index.php/topic,16946.0.html

2. It works everywhere in the world, where major credit cards are accepted, bot cash and POS.

3. I have my partner meeting up with involved parties on july 23rd, and hope to have better estimate after that date, thanks.

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