Topic: killer app idea :) - page 2. (Read 2466 times)
Not really the point of bitcoin, but its a great idea for the people who want to try out bitcoin and how it works. Keeps the instability out of it, but I think bitcoin will become stable over time
Its not a bad idea , but would be illegal in many countries. The problem is getting all the licensees per each jurisdiction would take a lifetime. (Coinbase has only received 13 states thus far after a year and they have spent plenty on the effort) Additionally , we want to encourage people to hold more BTC and not fiat.
I like the way you are thinking though.
I like the way you are thinking though.
If you want to get arrested by doing this without a licence, definitely go for it.
The idea is solid, not bulletproof. I have not seen anything similar yet though.
The idea is solid, not bulletproof. I have not seen anything similar yet though.
""If you want to get arrested by doing this without a licence, definitely go for it.""
not sure why you said that...
Why do you think the idea isn't bulletproof? what issue could such idea pose?
http://www.law.cornell.edu/uscode/text/18/1960
You have to be a registered money transmitter to do such a thing.
How about you read my original post properly. Did i ever mentionned that i had the intention of doing this without a license? or even doing it myself?
your answer was off topic and inappropriate no offence though
Here was my question:
why do you think the idea isn't bulletproof? what issue could such idea pose?
If you want to get arrested by doing this without a licence, definitely go for it.
The idea is solid, not bulletproof. I have not seen anything similar yet though.
The idea is solid, not bulletproof. I have not seen anything similar yet though.
""If you want to get arrested by doing this without a licence, definitely go for it.""
not sure why you said that...
Why do you think the idea isn't bulletproof? what issue could such idea pose?
http://www.law.cornell.edu/uscode/text/18/1960
You have to be a registered money transmitter to do such a thing.
I am seriously starting to get irritated by all those comment claiming bitcoin isnt viable solution because its value is highly volatile, these articles are popping up everywhere
Of course it is volatile,people are not used to free unmanipulated markets , are people really expecting stability when u have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
If you want to get arrested by doing this without a licence, definitely go for it.Of course it is volatile,people are not used to free unmanipulated markets , are people really expecting stability when u have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
The idea is solid, not bulletproof. I have not seen anything similar yet though.
""If you want to get arrested by doing this without a licence, definitely go for it.""
not sure why you said that...
Why do you think the idea isn't bulletproof? what issue could such idea pose?
I think this is a great idea, the only problem I see is there isn't a lot of exchanges that can provide this mentality and there certainly isn't enough stores that will allow you to use Bitcoin to purchase the item.
What do you mean with "this mentality"?
An exchange will massively benefit from integrating such application, that would actually be the first exchange
where the majority of people do not trade for speculative purposes and could go viral if done properly.
More and more merchants are accepting bitcoin everyday, the way i see it is that we could have every merchants on the planet
accepting bitcoin if people can't pay them as easily as with a cash transaction and without the volatility issue then the demand for
bitcoin will barely increase.
Bitcoin ecosystem is growing rapidly yet the value of btc decreases, this is because most people do not use bitcoin to buy things,you mostly
have speculators and investors,until the btc volatility isn't fixed bitcoin will never be widely adopted.
Meanwhile projects like Tether,applepay will be on the market and people will use that instead because they "protects"
the value of their hard earned money.
I am seriously starting to get irritated by all those comment claiming bitcoin isnt viable solution because its value is highly volatile, these articles are popping up everywhere
Of course it is volatile,people are not used to free unmanipulated markets , are people really expecting stability when u have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
If you want to get arrested by doing this without a licence, definitely go for it.Of course it is volatile,people are not used to free unmanipulated markets , are people really expecting stability when u have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
The idea is solid, not bulletproof. I have not seen anything similar yet though.
I think this is a great idea, the only problem I see is there isn't a lot of exchanges that can provide this mentality and there certainly isn't enough stores that will allow you to use Bitcoin to purchase the item.
does anyone know if there are such projects in the making ?
I am seriously starting to get irritated by all those comment claiming bitcoin isnt viable solution because its value is highly volatile, these articles are popping up everywhere
Of course it is volatile,people are not used to free unmanipulated markets, are people really expecting stability when you have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
Of course it is volatile,people are not used to free unmanipulated markets, are people really expecting stability when you have a market cap of 3billions? 3 billions is equivalent to 1 very rich man... , bitcoin will stabilize if it is mass adopted and the average joe uses it in his every day life.
I feel that people who badly want bitcoin to fail will use the unstability issue to scare people away and as a result bitcoin not be adopted.
The volatility problem has been sorted on merchants side with bitpay, coinbase,etcc system but someone needs to come up with an app to protect buyer against volatility.
An app that integrates a btc exchange within the payment , customers hold $ and when he wants to pay in bitcoin the conversion usd-->btc would be done automatically and instantly within the app ,something that will render value unstability totally irrelevant
I know it might be a more difficult than it sounds but iam sure people who have the skills can come up with such system.
The big payment processor company and banks are coming up with new similar technology and the average joe will use them if they are easier to use because he doesnt understand the importance of not using government issued money.
If people can convert and pay instantly in btc they will do it because btc merchants are offering discount if people pay in btc
This is a technology and innovation war
Jump to: