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RE: Bypass The Banks! - How Steemit and Bitshares can give us monetary freedom
Interesting, but how and where would person-to-person transactions involving fiat occur?
Interesting, but how and where would person-to-person transactions involving fiat occur?
With other people you know who have crypto or who want to buy crypto from you. If you've made SBD, you can sell them to your friends and family in person (in your living room, if you'd like).
^^^ This. For bitshares or steemit you just need the person's human readable name. For other cryptos you can send to the other persons public address for cash or services or anything! If you don't have any peers in crypto... well then it looks like you've got some people to share crypto with!
ok, good point. maybe we don't know as many people anxious to get into crypto as you!