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> "Nobody actually transacts in cryptocurrency," Goldbard says. "So making something that people can actually use is our first goal. And then we want to find ad
by icelancer 9y ago
> "Nobody actually transacts in cryptocurrency," Goldbard says. "So making something that people can actually use is our first goal. And then we want to find additional ways that people can implement it over time. But initially all we want is to make it so people can actually complete transactions."
This is being solved by Shapeshift.io and XMR.to. I transact in cryptocurrency all the time using these intermediary services with BTC as the usual medium of exchange. It's opened my skeptical eyes about the future of how things will work.
- superquest 9y agohttps://xmr.to/ https://xmr.to/ looks waaaay too complicated for the average person to use, which is a nonstarter for the average person. And it still processes a Bitcoin transaction, correct? So it will be no faster than Bitcoin?
- icelancer 9y ago>https://xmr.to/ https://xmr.to/ looks waaaay too complicated for the average person to use, which is a nonstarter for the average person. OK, that's fine, but services like that could - and will - get much friendlier. I'm just rebutting the quote which is the blanket "no one transacts in cryptocurrency" which is certainly not true for me, even though I felt that way just 2 months ago. Now that I am an active miner of various currencies, I find myself using it quite frequently for random goods/services, even though the plan was really just to convert it quickly into USD fiat to continue reinvesting into the mining operations or to pocket it.
- superquest 9y agoFair point. I think "no one" here is a rhetorical exaggeration meaning "not very many," which might resolve our disagreement ...