I think we should brainstorm about how to get a FIAT <-> NEM service going.
Any ideas ?
PayPal shuts you down before you can say "new econom... aaaan your shut down.
If you wan't to work with wire transfer you have to go through tons of legal issues.
Physically sending the money takes way to long.
It took me a while to write this post so sorry if I am repeating someone...
I don't think a FIAT <-> NEM gateway is the most important thing. Once there is an exchange it's easy to use a FIAT <-> BTC gateway to buy BTC and then convert them to NEM.
On the other hand, it is my opinion that we should try to establish something like bitpay to attract merchants.
Once the currency is widely adopted by merchants someone will certainly set up a FIAT gateway IMO. But then again how can you attract merchants
How complicated would it be to set up an api for magento opencart etc. and enable a weekly/monthly payout in FIAT for merchants?
Are there any alternatives like bitpay for altcoins?