Hello all, I just went through this topic, and I feel so stupid. I am a crypto fan and a vaper (e-cig "smoker"), but I fail to see the point in all this... I get that PP and CC companies are a pain in the behind. I am fortunate enough to live in a country (the Netherlands) with a decent amount of e-cig shops, both on the web and brick-and-mortar, and also a debit-card payment system that works (and doesn't have a problem with e-cigs), so for me buying e-cigs or liquids has never been a problem. Actually, from what I have seen so far, the problem might be highly local, plenty of shops around the globe that do work with PP and CC. But even if it were absolutely impossible to get e-cigs and liquids at all with PP or CC (or any of the other payment providers available), why not simply use bitcoin? What is the added value of a dedicated coin that can be used for this product group only? Why not use a crypto that can be used for all your shopping?
But besides that, how are people going to purchase the QuitDough coins? If PP and CC companies aren't allowing e-cigs and liquids to be purchased with their services, what makes you think they are going to allow the purchase of credits/tokens that can be used ONLY for the products they dissapprove of? So how are people going to convert their fiat into QuitDough? By first buying bitcoin with these services and then converting that to your coin? Am I missing something very obvious?
Hi cryptoGuppy
If you read some of the white papers you would see why, but quickly:
The problem is only local if you consider the USA a small local problem + a few other countries.
We are making a coin that can be used by normal people that know nothing about crypto or bitcoin
We are after making a simple way for people not to have buy bitcoin they will see Quit Dough as a token if anything, the checkout on the site is the key!
We are making a huge multi-vendor site that will be marketed world wide, with the simple checkout etc
Quit Dough will be used for promotions
Quit dough is launching a product line with e-liquids and e-cigs
Quit dough will offered at a discount over other payment options.
Lower fees, instant payment etc.
Cyypto is the future over fiat for international trading, so its time to get this coin up now and push it hard with marketing.
I have access to some of the best e-liquids money can buy and an the sole distributor for them in a few counties and more soon. My customers will follow for the products.
I have been in the industry for 4+ years and have been rooted over by both paypal and CC merchants so i know what's missing from the industry
Many more reasons so if you need more info there are 3 whitepapers.
You are lucky to live in a progressive country but half the world isn't
Cheers Matt