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Topic: creating an alt to fiat yet replicating whats wrong with it? (Read 617 times)
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How do you connect credit card/bank account/paypal/etc to a p2p platform?
in my opinion you shouldn't,. think right outside the current system. once you can link them to a the fiat system they simply become a fiat token., which again half defeats the opportunities.
What I mean is how do you connect them in terms of actual trading assuming by p2p alt to fiat you meant trading fiat and crypto on in a p2p environment.
again trying to get away from the whole fiat system mindset, yes fiat's themselves get their 'price' from being exchange traded (not from guns like tin hats say), tis also the way now cryptos do (not at all via the electricity and eqiup expenditure like most people here believe).
now next followup question would be then how to you obtain said p2p currency, and/or how do you give it a 'price'.
Dude, you are correct that ALL crypto today is just a "fiat token"...
That's why Bitcoin will NEVER go "mainstream" because most people see no benefit to "fiat tokens".
Your larger philosophy involves overthrowing something like the US or German or Russian government...
So you need to spell out how many troops, military hardware you will need... and how you will pay for it.
For example, a "professional" 2,000 man militia in 3rd world country cost about $10,000,000/year...
And that would get wiped out in a few days of air strikes by any medium sized military power.
How do you connect credit card/bank account/paypal/etc to a p2p platform?
in my opinion you shouldn't,. think right outside the current system. once you can link them to a the fiat system they simply become a fiat token., which again half defeats the opportunities.
What I mean is how do you connect them in terms of actual trading assuming by p2p alt to fiat you meant trading fiat and crypto on in a p2p environment.
again trying to get away from the whole fiat system mindset, yes fiat's themselves get their 'price' from being exchange traded (not from guns like tin hats say), tis also the way now cryptos do (not at all via the electricity and eqiup expenditure like most people here believe).
now next followup question would be then how to you obtain said p2p currency, and/or how do you give it a 'price'.
How do you connect credit card/bank account/paypal/etc to a p2p platform?
in my opinion you shouldn't,. think right outside the current system. once you can link them to a the fiat system they simply become a fiat token., which again half defeats the opportunities.
What I mean is how do you connect them in terms of actual trading assuming by p2p alt to fiat you meant trading fiat and crypto on in a p2p environment.
Fiat has two advantages over crypto:
* Accessibility
* Price stability
* Accessibility
* Price stability
How do you connect credit card/bank account/paypal/etc to a p2p platform?
in my opinion you shouldn't,. think right outside the current system. once you can link them to a the fiat system they simply become a fiat token., which again half defeats the opportunities.
How do you connect credit card/bank account/paypal/etc to a p2p platform?
i see most of the crypto crowd can't get the head around being a pure p2p alt to fiat.
comments?
comments?
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