RE: PIVX x NUMO Alliance: Pay for concerts, parking meters, etc with PIVX through the NUMO app

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PIVX x NUMO Alliance: Pay for concerts, parking meters, etc with PIVX through the NUMO app

in cryptocurrency •  11 months ago 

Ok, but I dont see how Numo can help the Pot shops (yet). i will look into this further, but Numo does require KYC to be registered with. So the Pot shops will have to convert to FIAT(which they will) at an exchange ( possibly centralised)or at NUMO that follows Canadian KYC regulations. So my guess is, that if the govt wants to find out, they can go to Numo(if the shop used Numo to convert to FIAT) who will direct them to the shops(unwanted attention). From there, I'm assuming the shop received piv(zpiv?), which I guess does add a layer of anonymity if the customer comes in to pick up the goods ( may be other ways). The only advantage I see here for the pot shop is if they are too lazy to convert piv or zpiv to fiat themselves so they use NUMO, which can bring them attention. In any case I'm contacting NUMO now to find out more about their model and find out why they have a token and where I can them from and what use does it have for me.

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