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It's "Cash" for the web. Currently if you want to do business on the web, your options are accept payments via a private entity, and give them some percentage
by clistctrl 16y ago
It's "Cash" for the web. Currently if you want to do business on the web, your options are accept payments via a private entity, and give them some percentage of your revenue, or work for free. This aims to solve that issue.
I think it also puts us in the right direction in terms of globalization. There are many problems with doing business internationally. The first of which is foreign exchange rates, if we all accepted one currency international transactions become simpler
Personally I don't think it solves the problem in an optimal manner, but if it starts a movement, then I'm all for it.