levyashin
Sr. Member
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Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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November 04, 2017, 06:06:54 AM |
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Hey,
I read through your whitepaper fast now, because I don't have so much time, need to do it later again. Is your terminal just for crypto-based payments or also for fiat payments?
Ready for fiat right now and we will implement crypto Will you make your own crypto payment gateway our use some payment solutions like utrust?
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cmg12
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November 04, 2017, 06:22:10 AM |
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I saw a documentation about the problems of small cafes and restaurants. They have to pay high fees for the use of card terminals etc. So some of them only accept cash, but that means less clients. Maybe this project could solve the problem I'll tell you more. Business owners hate credit cards here Pay crypto and save 10% How do you like it? That is an awesome idea! Pay crypto and save 10% But I got this feeling that restaurant owners would not want crypto, because of the price changes. Maybe in the future they will Bear in mind that if some customers would pay you for meal 30$ in July 2017 in November 2017 this amount of BTC would be worth 100$
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Yasemin
Full Member
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Activity: 224
Merit: 100
Become Part of the Mining Family
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November 04, 2017, 06:24:19 AM |
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Hey,
I read through your whitepaper fast now, because I don't have so much time, need to do it later again. Is your terminal just for crypto-based payments or also for fiat payments?
Ready for fiat right now and we will implement crypto Will you make your own crypto payment gateway our use some payment solutions like utrust? I expected to find the answer in this document: https://docs.google.com/document/d/1vfB0qUA3EN0RNpZeBMlZvKDayIN8jLMBbyTGBXK19is/editTitle is Fiat-To-Crypto Currency Gateway, I went through it, but it doesn't explain So hope we will get a reaction from the team to this question
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Piggy
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November 04, 2017, 06:25:44 AM |
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I saw a documentation about the problems of small cafes and restaurants. They have to pay high fees for the use of card terminals etc. So some of them only accept cash, but that means less clients. Maybe this project could solve the problem I'll tell you more. Business owners hate credit cards here Pay crypto and save 10% How do you like it? That is an awesome idea! Pay crypto and save 10% But I got this feeling that restaurant owners would not want crypto, because of the price changes. Maybe in the future they will Bear in mind that if some customers would pay you for meal 30$ in July 2017 in November 2017 this amount of BTC would be worth 100$ In fact every seller would make a huge profit just by accepting bitcoin or other dominant crypto.
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magisterr
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November 04, 2017, 06:42:14 AM |
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You want to pay by crypto in restaurants etc in USA? But crypto must be fully legalized as payment for this (like in japan)... and in USA crypto not did this...
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Piggy
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November 04, 2017, 07:05:38 AM |
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new coin.. and new trap to invest... more information
You can try their demo app, its basically ready and they will start deploying it next year of few restourant. Do your own research.
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martinholly167
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November 04, 2017, 07:09:21 AM |
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You want to pay by crypto in restaurants etc in USA? But crypto must be fully legalized as payment for this (like in japan)... and in USA crypto not did this...
Fully legalized or fully accepted? You can pay with fiat anyway. Ready for fiat right now and we will implement crypto
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niklasmato
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November 04, 2017, 07:27:49 AM |
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ohh yeah 3000 restaurants is a very large number. With global economics later hope much more? I like the idea of targeting only NY restaurants in the beginning. Word of mouth will work very well in this scenario. Also the fact that you have been testing this for over 2 years makes it a very interesting project.
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cmg12
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November 04, 2017, 07:44:38 AM |
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I saw a documentation about the problems of small cafes and restaurants. They have to pay high fees for the use of card terminals etc. So some of them only accept cash, but that means less clients. Maybe this project could solve the problem I'll tell you more. Business owners hate credit cards here Pay crypto and save 10% How do you like it? That is an awesome idea! Pay crypto and save 10% But I got this feeling that restaurant owners would not want crypto, because of the price changes. Maybe in the future they will Bear in mind that if some customers would pay you for meal 30$ in July 2017 in November 2017 this amount of BTC would be worth 100$ In fact every seller would make a huge profit just by accepting bitcoin or other dominant crypto. Maybe besides zcash but this is rather garbage than cryptocurrency
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the_donald
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November 04, 2017, 08:01:08 AM |
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ohh yeah 3000 restaurants is a very large number. With global economics later hope much more? I like the idea of targeting only NY restaurants in the beginning. Word of mouth will work very well in this scenario. Also the fact that you have been testing this for over 2 years makes it a very interesting project. yeah, they're also probably the biggest number of high tech restaurants , that would be willing to accept crypto
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magisterr
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November 04, 2017, 08:13:19 AM |
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You want to pay by crypto in restaurants etc in USA? But crypto must be fully legalized as payment for this (like in japan)... and in USA crypto not did this...
Fully legalized or fully accepted? You can pay with fiat anyway. Ready for fiat right now and we will implement crypto
I mean legalized (like in Japan). Restaurants must pay taxes, right? But for this, crypto paymens must be legalized, right? Can anyone explaine me this
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Yasemin
Full Member
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Activity: 224
Merit: 100
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November 04, 2017, 08:26:12 AM |
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Yes at least 10 restaurants isn't a problem. We already made good connections for last two years of development and testing
Does your platform already work, or do you only have the demo that we have seen on the website? Since you state that you are already working for 2 years on this project, do you already have agreements with restaurants?
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cantdecide
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November 04, 2017, 09:47:13 AM |
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Actually I don't have to be sure they paying taxes. It's their responsibility. At least they can pay it after exchange in fiat I believe in nearest future IRS will implement their own blockchain where you can connect and pay your crypto-taxes. We'll see
Sure it's in the end the responsibility of the owner, but I am sure, if their system would help to easily avoid taxes, this could bring more bad light onto crypto and could let other countries think about regulations too. At least projects like this could be one of many reasons for this.
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FIEX
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November 04, 2017, 10:04:55 AM |
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It would be nice if you can show documents of the SEC's saying that its approved. When you have those documents to show, more investors will join this party! Did you applied at SEC?
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matjas
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November 04, 2017, 10:08:51 AM |
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I think its still too early to pay for meals in crypto, the market is still to volatile and i wouldnt be comfortable paying in BTC knowing the price will go up and ill actually be in a loss. I know it can go both ways but we wouldnt be here if we wouldnt believe it will go up a lot.
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alphashotgun
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November 04, 2017, 10:36:47 AM |
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just found this project on the board and read the ANN - is there anything important to know which is ubercool or a dealbreaker so that i know if i should invest time?
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loup
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November 04, 2017, 10:42:13 AM |
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I think its still too early to pay for meals in crypto, the market is still to volatile and i wouldnt be comfortable paying in BTC knowing the price will go up and ill actually be in a loss. I know it can go both ways but we wouldnt be here if we wouldnt believe it will go up a lot.
But not all the coins are going to go up. The value of the coins also changes and that does not stop you from spending.
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Mystic90
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November 04, 2017, 10:58:06 AM |
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It would be nice if you can show documents of the SEC's saying that its approved. When you have those documents to show, more investors will join this party! Did you applied at SEC? I hope they did, before they also mentioned pitching to VC's. I cant imagine any VC would go on board with a crypto start up with no approval from SEC. However I cant find anything on their site about it
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Jay2408
Full Member
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Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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November 04, 2017, 10:58:47 AM |
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I haven't read the whitepaper yet, but are you planning the implementation of the reOrder system only for the US market? Btw: on the website "deferent" should read "different", I guess? There are some more misspellings, since you are US based it looks a bit unprofessional
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