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RE: MoneyStreem - Idea For A Remittance/Money Sending App on the Steem Blockhain

in #money8 years ago (edited)

This is not for people who are already using Steemit or Steem in some way.

The idea is for it to be a money remittance alternative to using Bitcoin where you don't have to pay transaction fees and there is not premium that you have to pay in places like India.

Plus you don't have the volatility issues that BTC gives you.

Someone who just wants to transfer money would might not normally consider something like Steem Dollars.

If you are already using Steemit you don't need it. Merry Christmas:)

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The BlockPay/BitShares wallet supports SBD. Would that work?

Is it mobile? What I'm thinking is make it as simple and feature free as possible to avoid confusion. Having too many currencies or options may confuse people that is why I was thinking a standalone app. That way you market it for a basic purpose and make it easy for non crypto people to understand the concept. What do you think?

Was pondering this afresh.

I like the idea of Steem, because of the instantaneous nature of it. You don't have to wait for the verifications. But it would be awesome if this could be done without a web connection, like a true cash.

Having said that, I expect that we'll see www actually worldwide within the next few years. For now, almost half the world's population can't access it from where they live. It would seem that these are the ones that might benefit most from this?

Interesting article about this

Cool. Thanks for sharing. I think technology will eventually make it so that we have web access everywhere.

Yeah, I like it. Kind of like Square Cash for transferring $$, but without dependence on banks.
The others will work fine, but use any crypto you want, so might lead to confusion. Though the versatility would be nice. Promoting Steem is nice too, making a stand-alone more attractive. I suppose it depends on the market and context. And a simple P2P application that isn't web dependent would be even better, for transactions when a signal isn't available. Not sure Bitshares can do that.

I think you would still need a web connection - although there may be some way to get around it that I'm not aware of.

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