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RE: Social Wallet - An Introduction to WIRE
Ambitious project, but with the lately ban of cryptocurrency ads and obviously some inhouse plans from facebook, aren’t you guys afraid that this gets banned too and therefore you loose those 2.5 billion potential customers?
They are banning ads because of fraud and perceived investment risk. The ad ban has nothing to do with the operation and functionality of our company.
There's nothing special in this project actually. ReddCoin has already been doing what they are about to do in the space for ages--and it's very cheap at the moment.
The only somewhat interesting is the integration of a Debit Card into the platform so that you may use it to pay for goods with crypto over the counter.
Sounds great? I don't think so. There are already dozens of platforms incorporating Bitcoin payments into Debit Card. Let me reiterate, it's capital B as in Bitcoin not just some random crap coins.
Given that, all I can say is good luck in convincing Visa/MasterCard to sign a partnership deal.
We are not here to bash Reddcoin as it seems you are here to pump it. To say there is nothing special about our platform is quite an uneducated statement. Let me ask you 1 question to debunk that statement: Is any coin, including the one that you are touting, able to be sent and received through Facebook? Ok then. With or without your blessing our platform is viable and awesome. Our platform and Roadmap speak for themselves. As for the Visa/Mastercard scenario you are wishing us good luck on...all of that is handled by our third party card provider we are partnering with. Thanks!
For the record and transparency, let me list down the virtual currencies which I have invested in at some point in my life.
Don't ever accuse me of shilling Reddcoin--there's nowhere there you can find RDD coin on that list!