You are viewing a single comment's thread from:
RE: Top 5 goodies offered by BlockPay Integrated, BlockPay "S" and Smartcoins... [$]
Thanx hedge-x :)
The more Smartcoin Exchanges that come online like OpenLedger, the more liquid the system gets. Also, having all of our products in 44 languages helps a bunch.
Agree, everything helps. Do you know if OpenLedger will integrate a direct fiat exchange to smart coin? The key to mass adoption is a low cost fiat gateway to smart coins and then creating that feedback loop where funds stay in crypto. A peer to peer insurance could have a very low cost like "FDIC" guarantee on funds. USDT seems to have major traction on Poloniex. I don't think its if but when a major Smart Coin, Stable Coin becomes massive but there's needs to be a cheap FIAT to SMART COIN gateway to onboard. A KYC decentralized. What do you think?
Sorry, I meant to ask directly. Will Blockpay have a direct fiat to crypto gateway?
BlockPay will never touch fiat. That is up to the exchanges, banks, gateways and bridges to handle that job. OpenLedger already has a direct fiat exchange built-in as they put it right in their web wallet. Check out bitshares.openledger.info and from there just go to the deposit/withdraw screen.
Encouraging merchants and users to stay in crypto is a top goal. Earning crypto, spending crypto, etc. As we complete the economic circle of infrastructure (like BlockPay) and employers who accept and pay their workers in crypto, the reasons for using fiat are starting to disappear completely.
The more Smartcoin Exchanges that come online, the cheaper it will be to get into and out of fiat. If you know of existing crypto exchanges that would be open to Smartcoins too, please don't hesitate to bring them on board. It will benefit everyone in the long run :)