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You are not directly dependent on banks, financial companies and all the regulations they have. Actually you only need to concentrate then mostly on the softwar
by therealmarv 8y ago
You are not directly dependent on banks, financial companies and all the regulations they have. Actually you only need to concentrate then mostly on the software side and keep sure that nothing really illegal happens on your platform (sooner or later you also need legal advice with this thing!).
And it will lower your costs because no middleman needs to be payed here (except maybe you alone)
- hardwaresofton 8y agoI think I'm misreading your response, those sounds like benefits, not reasons that it definitely wouldn't work?
- therealmarv 8y agoI've edited my response once again. Yes it could definitely work with crypto :) at the cost that your audience will be smaller. At least you are less dependent on good working financial partners/banks/visa etc. for this setup.
- hardwaresofton 8y agoGotcha, thanks for clarifying! I agree that crypto honestly exactly is what would have solved this problem, if it had come to be used as it was intended, as a currency versus a store of value. It's still early days in the course of human history (hopefully), I'm cautiously optimistic about bitcoin at every moment when I'm not bashing it :)