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RE: Buy SteemPower - STEEM - or SteemDollars directly from your credit/debit-card in 30 seconds!
@transhuman there is usually a 30 day chargeback which can be prolonged if there is a dispute.
I am sure we can find a brilliant solution for it that don´t prevent people from powering up - but can prevent people from cashing out/powering down for the first 90 days for example.
First time buyers of course.
throwing the suggestion-ball :)
@fyrstikken: Have you seen Cardiff's presentation at Steem Fest? See 01:50 to 09:19 of the following video:
Cardiff is saying that we could form a Steemit Bank or Investment Fund or Hedge Fund etc. A bank is roughly the same thing as a credit card (they underwrite them).
I worked in the financial industry and I know that you can do anything with finance. It's just a matter of using imagination to come up with a solution. Why not set up a "reverse" credit card which pays YOU interest for your purchases. At first it would be a secured credit card; secured by dollars and/or other stable currencies.
Consumers might not be so quick to spend if they were getting a good rate of interest on their money. The rate depending on how much they have in. Furthermore, merchants might not take their money out if they are making 8% interest. That might be more than their actual profit margin.
The hard part would be convincing people that it is not a scam.
I actually thought of something interesting.
So the guy buys X amount of steem. When he does so, instead of sending it to him, the seller creates a new account with the steem in it.
The buyer gets to choose steem or SP (or SBD i guess), and immediately gets the voting key electronically, so he can use the steem to power up and vote if he wants to. If not, its safe in the new account.
The signing and owner key get mailed on paper to the CH billing address.
This isnt going to stop actual cardholders who decide to freeroll the system by buying the steem then charging it back, but it will make fraud from stolen cards (which is where most of your fraud breakage is going to come from ) far more difficult to do profitably.
The cadriff idea is terrible. No serious business enterprise would ever go for it. The only bright spot was I got a chuckle when he meant to say "nest egg" (the invested money) but instead said "goose egg" (slang for zero. freudian slip i guess.)
Also, he doesnt understand what "hard asset" means. crypto currency is a soft asset. It doesnt have intrinsic value.
Also also it blows my mind that we're coming off like a 95% devaluation trend and hes ranting about how risky it is to keep your money in a savings account. Like, seriously?
There's a difference between being positive/optimistic and being oblivious.
This is the kind of thing that only poor people believe.