I sincerely Hope people start using steem instead of paypal. All we need is a simple p2p system to replace paypals ACH bank transfer system , or amply use bitpay cards for cashing out, coinbase for buying in.Id rather find a different solution rather than coinbase, like using localbitcoincash.com but imagine a localsteem.com for listing steem to cash and cash to steem payments. It would be nice however to just have a coinbase like app but which bought and sold steem/sbd with your bank/debit/creditcard just like coinbase does. We can dream can't we?
Hey Chris, would love it if you gave PalmPay(.io) a try. PalmPay allows you to accept all of the top cryptos with one app, doesn't cost the merchant (you in this case) anything, and it pays the Ambassador in your city to provide you with support if you ever need it. For more info, would love to chat with you in the group chat on telegram or keybase @: Agorise
I can understand the position they're in, being told that they can't do business with you. I don't think 5 days notice is fair though. If you aren't in violation of the agreement, what notice does it say they should give you? They might have to do what they're told by their business partners but they should be able to give you more time to sort this out. I hope you come up with a good solution
Hey, although I am not (yet) confronted with this adversity, I agree with you fully in terms of the banks starting to worry about the future of some of their departments...
Still, I do not understand why you don't go through Paypal... Then you can send your hard earned fiat wherever you like...
Don't give up, there are always alternatives. You might try Dalpay for instance. They are in Iceland but if I remember correctly can send your money via IBAN. OKPay is also UK based and they take crypto and credit card payments. If those don't work, there is also I Payments. They would even give you access to Union Pay. I consult in this area, so if you are still stuck just contact me on my contact form: https://chwww1.confidesk.com/securemail/gfs
I took that ability away from them two years ago. Go 100% crypto. It is not easy but if we could do it in Panama I am sure you could do it in the UK. BTW if it is your employees that need cash then find new employees that take Crypto.
I think a lot of people might be missing the point that he's educating people on how to use crypto for the first time. Those people wont be using crypto, they're still using fiat. So switching to crypto for payments wont help. It would be great if everyone just used crypto but at the moment we don't have mass adoption and people like Chris are doing a great job educating those that don't fully understand how crypto works.
The bright side of this is that it demonstrates how disruptive blockchain technology will be in the traditional financial industry and the importance of normal individuals strive to control our own monetary sovereignty. The fact that they are making it more difficult will make more potential users aware of the power they wield over our own wealth which should be unacceptable if we are truly free. The fact that they make statements like “the risk” related to this industry also demonstrates their selective ignorance and choice to spread FUD instead or embrace the revolution. I trust the community will be inspired to create solutions for these issues.
Shit happens. Keep it up!....:)...
thanks for the info
I sincerely Hope people start using steem instead of paypal. All we need is a simple p2p system to replace paypals ACH bank transfer system , or amply use bitpay cards for cashing out, coinbase for buying in.Id rather find a different solution rather than coinbase, like using localbitcoincash.com but imagine a localsteem.com for listing steem to cash and cash to steem payments. It would be nice however to just have a coinbase like app but which bought and sold steem/sbd with your bank/debit/creditcard just like coinbase does. We can dream can't we?
Hey Chris, would love it if you gave PalmPay(.io) a try. PalmPay allows you to accept all of the top cryptos with one app, doesn't cost the merchant (you in this case) anything, and it pays the Ambassador in your city to provide you with support if you ever need it. For more info, would love to chat with you in the group chat on telegram or keybase @: Agorise
I'm actually very happy with https://www.coinpayments.net
I can understand the position they're in, being told that they can't do business with you. I don't think 5 days notice is fair though. If you aren't in violation of the agreement, what notice does it say they should give you? They might have to do what they're told by their business partners but they should be able to give you more time to sort this out. I hope you come up with a good solution
Hey, although I am not (yet) confronted with this adversity, I agree with you fully in terms of the banks starting to worry about the future of some of their departments...
Still, I do not understand why you don't go through Paypal... Then you can send your hard earned fiat wherever you like...
Don't give up, there are always alternatives. You might try Dalpay for instance. They are in Iceland but if I remember correctly can send your money via IBAN. OKPay is also UK based and they take crypto and credit card payments. If those don't work, there is also I Payments. They would even give you access to Union Pay. I consult in this area, so if you are still stuck just contact me on my contact form: https://chwww1.confidesk.com/securemail/gfs
I took that ability away from them two years ago. Go 100% crypto. It is not easy but if we could do it in Panama I am sure you could do it in the UK. BTW if it is your employees that need cash then find new employees that take Crypto.
I think a lot of people might be missing the point that he's educating people on how to use crypto for the first time. Those people wont be using crypto, they're still using fiat. So switching to crypto for payments wont help. It would be great if everyone just used crypto but at the moment we don't have mass adoption and people like Chris are doing a great job educating those that don't fully understand how crypto works.
You'll win out in the end. The banks have yet to realize how this is going to end and have doubled down in ignorance.
The bright side of this is that it demonstrates how disruptive blockchain technology will be in the traditional financial industry and the importance of normal individuals strive to control our own monetary sovereignty. The fact that they are making it more difficult will make more potential users aware of the power they wield over our own wealth which should be unacceptable if we are truly free. The fact that they make statements like “the risk” related to this industry also demonstrates their selective ignorance and choice to spread FUD instead or embrace the revolution. I trust the community will be inspired to create solutions for these issues.