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RE: Let's Create a Steem Community Roadmap (Discussion)
After a successful implementation of SMTs, i would like to see a fiat exchange for steem. Steem is extremely well positionned as a "gateway drug" for crypto, because users who might know nothing about cryptocurrencies suddenly earn steem by posting.
They might easily consider investing, or buying more steem to gain influence, but then they would have to go through the hole process of signing up to coinbase, buying bitcoin, transfering to an exchange, converting to steem, transfering to steemit wallet, and finally power up. They will even have to understand what are cryptos, bitcoin etc... This can be very discouraging.
Oh for fucks sake. They were on such a good run with the jailing the bankers thing years ago.
I've been through this with friends and family and trying to get their heads over how to buy Steem if they wanted to they have to jump the massive hurdle of bitcoin, verification, exchanges, powering up like you said! When one feels overwhelmed they tend to retreat and stick to what they know. Are there any fiat/steem projects in the works at all? I've still managed to get around 4 people to sign up to Steem, which I take the credit for(not the recent rise in price at all :D ) .
I don't think there are any projects working on this at the moment, so we might not see a fiat to Steem exchange anytime soon :(
Aww no! Will hunt to see if I can find any :)
Oh, nice! Let me know if you find any!
Agree 100%
This is needed SO much. Agree!
Yes totally agree. If I could buy steem directly I would have bought a lot more a few days ago.
YES PLEASE!!
This is a good point! It is far to difficult to people who are not familiar with crypto to buy Steem at the moment! I hope we get a service where people could potentially buy Steem directly with their credit card.
Yes, @timcliff. As you know from our recent exchange, this is a MAJOR pain point right now, and one that could SIGNIFICANTLY help people who are in need - whether temporarily or on an ongoing basis. Perhaps it might be IDEAL to start developing this service as an "emergency" type fund, for the MANY Steemians who are in a bind, and then building it out from there. In fact, this "emergency" setup could initially be run in a more peer-to-peer manner, where someone simply sets up a message board type of platform which allows those in need of cashing out of SBD to post the amount, the (general) reason, etc. so that the people who choose to convert can choose who to help. I am just thinking that this would be a more productive "stepping stone" which will likely avoid some of the legal issues which everyone is worried about. That is, it would be more of a CHARITY than any sort of potentially misinterpreted money transmission service.