Hallo I have a question about Gutemberg:
Will Gutenberg be a bot that just transform immediately the net proceed for cards in fiat money from google/apple marketplaces first in btc than in bcy in the secondary market or will it be a system managed by humans?
This is a pretty crucial question because a bot ensure much more transparency in the burning process, a Human Managed System could (i say: could) be used in a malicious manner. For example by collecting a lot of fiat/btc time to time then do a cross order btc to bcy on the secondary market excluding other market participant but Everdream soft. In a couple of words: front running.
The answer is : probably not, the reason is simply because AppStore and Google purchase are reversible while blockchain transactions are irreversible. The question is still open now as we are working to figure out the best option for that. For now we are focusing on blockchain only card issuance. When it will come to large public purchase AppStore, a lead could be to allow people to store their purchase off-chain only. After certain time allowing people to convert their asset into a digital asset.
Another lead is to partnership with a bitcoin transmitter company (cicle, coinbase...) to directly offer Bitcoin or BCY purchase in the game without using the store system
But still this is still open to discussion in any case we are going to have this open and transparent.
Yes I perfectly understand the issue, so for the first time, Gutemberg, after the time needed to avoid refund requests from the customers via payment processors, will convert fiat money in bitcoin and then in Bcy to be burned with a manual process.
Let's say, for example, that every app. store / google play payment cycle and after any period were refunds could be requested, the 50% of the net proceed is converted in bitcoin at a transparent address and then in bcy to be burned.
Bulding a transparent system is actually quite challenging but needed.
good luck whit this.
