RE: Finally a way to invest in all these new ICOs(Crypto StartUps) at a "One Stop Shop"! The Token Fun! I just messaged Vladimir of TheTokenFund a "Coin Traded Fun" and here is what he had to say!
And tether is the best way to offer a fiat gate way without having banking regulations associated with fit! of course the government will try to then crack downon tether but its just a blockchain cryptocurrency that anyone can use, and yeah if you loose the ability to convert tether to cash directly from tether side that ay remain a problem, i guess tether has more centarlization problems than ripple right? well actually tether could be decentralized if you think about it
bitcoinis becoming that fiat backup haha on its own! but tether offers a fiat backup for people that also is as easy as crypto currency to move around!
We could offer a decentralized maarket based tether that works off darknet style local biitcooin type sites where people offer to always convert a special tether crypto currency automarically for cash at certain ATms maybe it coul be very simple to ddeal with using ATMs that diispens cash when u use master card visas like prepaid visas and debit cards
god this is the future, its right there!
Bitpay already IS a bitcoind debitcard bt if u had a Tether debit card and special ATMs or ANY atms realy.... like in the future you will be able to ave a tether prepaid debitt card etc but by then debit cards will be used still bfor legacy equipment bt alll ddebit card networks will now be built off the blockchain, so youll still be able to use those debit cards but they will all be moe hightech, and there could be a new service that allows you to buy any prepaid debit card, and then have it loaded from anywhere using bitcoin and then you can use tether to send money from prepaid to prepaid! Its like all the puzzle pieces are here! We could even have it so u could take out cash for a fee using any ATM, because face it ALL ATMs all debit cards and mastercards all have the same network becaus one ATM card works in any atm machine aeven around the world! Well im sure there must be some incompatibilities but Fintech of financial technology has been atthe cusp of this for a while!
But yeah all the pieces are theer! we could build something amazng with prepaid debt cards an tether and bitcoin!
like combine bitpay debit card and tether and an exchange and u could ave a carrd that leets you buy AND sell too if we can connect the deot carrd scanners that square uses pwe could allow people to sell bitcoins an crypto currencies to their friends using cards! anyay i think its all there its justa mattter of time before people do all this
and yeah using tether to go from exchange to exchangs is brilliant
i was wondering if people go from one exchange, like polonieex, when bitcoin is higher on coinbase than it is on polonex u can use litecoi or ethereum to go between the echanges, and just buy where its cheaper sell where its lower, but yeah those pesky fees!
if we could make a tethered crpto currrency with ebit cards wthout fees it would be amzng steem could do it!
a steem debit card is coming! i should od a mockup!