[ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency

[indr01]

Indonesian Central Bank dont accept Bitcoin as payment. How they want working in this country?

Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank

https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion

crypto -> IDR -> pay for the item

so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item.

[ElPedras]

Dev,
Please let me know if you'll need the whitepaper's translation to romanian.

Thanks

[indr01]

interview session (CryptoGrinders - Pundi X)
https://youtu.be/Ai6sz_3ujl0

Thanks for the link, I like watching video reviews or interviews, so you can clearly understand the whole essence. It's interesting

Yes, and there is another update.

Ryan from Cryptogrinders doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for
Here is the link : https://youtu.be/Hf4G9YgATyI
More details : 12:39-13:19

[Demirung]

interview session (CryptoGrinders - Pundi X)
https://youtu.be/Ai6sz_3ujl0

Thanks for the link, I like watching video reviews or interviews, so you can clearly understand the whole essence. It's interesting

Yes, and there is another update.

Ryan from Cryptogrinders doing an interview with Wealth Research Group. Pundi X was mentioned as the only ICO to look out for
Here is the link : https://youtu.be/Hf4G9YgATyI
More details : 12:39-13:19

Thats really so.Pundi X has a big potential of growth.Team  are always support community.A lot of news,updates and photos and also a great working device and pundi x cards.Looking for the hard cap

[indr01]

Saw Lon Wong’s tweet about Pundi X using Nem as its backend solution. What would it imply towards the development roadmap of Pundi?

With NEM solution, we can confirm the transaction instantly, which enables us to lower the exchange risk and provide better user experiences.  Moreover, with the network of NEM,  Pundi X can expand rapidly. It will accelerate the whole process.

[Dasengineer]

Saw Lon Wong’s tweet about Pundi X using Nem as its backend solution. What would it imply towards the development roadmap of Pundi?

With NEM solution, we can confirm the transaction instantly, which enables us to lower the exchange risk and provide better user experiences.  Moreover, with the network of NEM,  Pundi X can expand rapidly. It will accelerate the whole process.

Not only Saw Lon Wong joined Pundi X as Angel investor and also very respectfull man in the crypto world David Lee Kuo Chuen, who is proffesor of Quntitative Finance, Zcash, Qtum, Tenx, InfoCrop and OmniseGo investor!! So now Pundi X has back-up in this 2 men who has already prooved their competence in crypto world. That means Pundi X going to the Top guys! And we are in this train!

[gembira]

Indonesian Central Bank dont accept Bitcoin as payment. How they want working in this country?

Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank

https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion

crypto -> IDR -> pay for the item

so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item.

What?

several months (from 2014 exactly )

This news was posted on 27/10/2017. And this news on all sites as well...
So, devs, explaine your position in this situation.

What is this "IDR"?

[indr01]

Indonesian Central Bank dont accept Bitcoin as payment. How they want working in this country?

Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank

https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion

crypto -> IDR -> pay for the item

so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item.

What?

several months (from 2014 exactly )

This news was posted on 27/10/2017. And this news on all sites as well...
So, devs, explaine your position in this situation.

What is this "IDR"?

Yes.
But the news come up because there is an website selling phone credits and receive bitcoin as payment method
The original is already from 2014, stated that bitcoin cannot be used as payment method, only idr(indonesian rupiah) accepted, even usd not accepted in indonesia.

So the situation is the same for usd and cryptocurrency
We just need to sell it to receive rupiah and use it to pay for transaction

Pundi X makes it easier to buy and sell crypto. and after sell crypto, we use the idr to buy things.

We have the feature to buy things with crypto, but in Indonesia we will not activate this feature because we are following the regulations.

[gribble]

Indonesian Central Bank dont accept Bitcoin as payment. How they want working in this country?

Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank

https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion

crypto -> IDR -> pay for the item

so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item.

What?

several months (from 2014 exactly )

This news was posted on 27/10/2017. And this news on all sites as well...
So, devs, explaine your position in this situation.

What is this "IDR"?

Yes.
But the news come up because there is an website selling phone credits and receive bitcoin as payment method
The original is already from 2014, stated that bitcoin cannot be used as payment method, only idr(indonesian rupiah) accepted, even usd not accepted in indonesia.

So the situation is the same for usd and cryptocurrency
We just need to sell it to receive rupiah and use it to pay for transaction

Pundi X makes it easier to buy and sell crypto. and after sell crypto, we use the idr to buy things.

We have the feature to buy things with crypto, but in Indonesia we will not activate this feature because we are following the regulations.

For the simple explaining pundi X in Indonesia will run as exchangers cryptos to Indonesian rupiah IDR
but it is more simple, easy to be used and cheap (without fees transaction) than another exchangers is like bitcoin.co.id
So pundi X can grow up and be addopted by all of customers in Indonesia and it is not illegal. 

[indr01]

Indonesian Central Bank dont accept Bitcoin as payment. How they want working in this country?

Bitcoin Banned as a Payment Method, Adopters Will be ‘Dealt With’: Indonesian Central Bank

https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

That announcement from central bank is not new, it's been several months (from 2014 exactly ). This means that we cannot make a purchase directly using cryptocurrency, merchants have to put IDR priced on the item, and to be able to use cryptocurrency we need to make the conversion

crypto -> IDR -> pay for the item

so we will follow all regulations. if the central bank doesn't allow us to purchase using cryptocurrency, then we still can convert the cryptocurrency to IDR first then pay the item.

What?

several months (from 2014 exactly )

This news was posted on 27/10/2017. And this news on all sites as well...
So, devs, explaine your position in this situation.

What is this "IDR"?

Yes.
But the news come up because there is an website selling phone credits and receive bitcoin as payment method
The original is already from 2014, stated that bitcoin cannot be used as payment method, only idr(indonesian rupiah) accepted, even usd not accepted in indonesia.

So the situation is the same for usd and cryptocurrency
We just need to sell it to receive rupiah and use it to pay for transaction

Pundi X makes it easier to buy and sell crypto. and after sell crypto, we use the idr to buy things.

We have the feature to buy things with crypto, but in Indonesia we will not activate this feature because we are following the regulations.

For the simple explaining pundi X in Indonesia will run as exchangers cryptos to Indonesian rupiah IDR
but it is more simple, easy to be used and cheap (without fees transaction) than another exchangers is like bitcoin.co.id
So pundi X can grow up and be addopted by all of customers in Indonesia and it is not illegal. 

Yes.
Running as offline exchanger, so people can find it anywhere. Easy, simple, and convenient

[indr01]

CEO of Pundi X, Zac Cheah is doing product demo (Purchasing Bitcoin using Pundi X POS and pay through QR Payment (Pundi-Pundi App))

[gembira]

Thank you for answer. So, you will dont have problem with law? You planning to extend your product to other Asian countries?

[btc-facebook]

.....

Yes.
Running as offline exchanger, so people can find it anywhere. Easy, simple, and convenient

You said that we use IDR to purchase things and because of your government is not legalize bitcoin , you have follow their regulation.
So what the point making PXS if you can use this feature ? Why do you trust that Indonesia is potential market while their government doesn't trust bitcoin at all ?

[indr01]

Thank you for answer. So, you will dont have problem with law? You planning to extend your product to other Asian countries?

Yes, we are totally following the regulations so we have no problem

and yes of course we are planning to expand our project to the other Asian countries. You can see our roadmap in Pundi X website (https://pundix.com/)

In this November, Pundi X POS device will start our 1st phase of pilot roll out in selected cities :
-Jakarta
-Bali
-Seoul
-Singapore
-Hong Kong
Please refer to this link : https://medium.com/pundix/x-pos-pilot-cities-56545a0d38e0

And we also have a meetup in Tokyo (Nov 7th) and Singapore (Nov 9th).

[indr01]

.....

Yes.
Running as offline exchanger, so people can find it anywhere. Easy, simple, and convenient

You said that we use IDR to purchase things and because of your government is not legalize bitcoin , you have follow their regulation.
So what the point making PXS if you can use this feature ? Why do you trust that Indonesia is potential market while their government doesn't trust bitcoin at all ?

Thank you for your good question, let me try to answer it:
1. Pundi X token (PXS) is only used by crypto developer and crypto trader /platform for any service or transaction in our Pundi X ecosystem only. You can see PXS as an utility token for developer , trader but investment token for purchaser.

2. I believed bitcoin is not declared as a legal currency in many countries, not only Indonesia. We are starting in Indonesia and will expand to the world. Indonesian market is large and bitcoin is becoming a trending topic in here, people follow the news about bitcoin but they find it difficult to purchase it since there are only few options. We want to solve that problem (build an ecosystem to enables everyone to buy and sell crypto easily)
And we are also have our QR payment system in Indonesia (Pundi-Pundi app) launched in Feb 2017, so we are in this market and have a real product already.

[seadk]

Hi, i watched Pundi X video with CryptoGrinders. Nice interview and its very detail

Very exciting project from you guys.

Let me share the link to others so they can watch it too : https://www.youtube.com/watch?v=Ai6sz_3ujl0&t=34s

https://i.imgur.com/rGyvzgU.jpg

[indr01]

Hi, i watched Pundi X video with CryptoGrinders. Nice interview and its very detail

Very exciting project from you guys.

Let me share the link to others so they can watch it too : https://www.youtube.com/watch?v=Ai6sz_3ujl0&t=34s

Yes. Our CEO Zac Cheah had an interview video with CryptoGrinders.

Thanks for sharing the link

[Zalfa_mui]

I see the road map of this project is very interesting,
and if you can make it happen it is great for all of us,
but what is your plan ?
 while your country prohibits the purchase with crypto
this may be your greatest challenge hopefully can cope well.

[indr01]

I see the road map of this project is very interesting,
and if you can make it happen it is great for all of us,
but what is your plan ?
 while your country prohibits the purchase with crypto
this may be your greatest challenge hopefully can cope well.

Sorry, can please elaborate the 'plan' that you are questioning

If the plan mentioned above if about Indonesia government, since we are using the X POS device to trade crypto to fiat, it doesnt have any problem with the regulation, we are following the regulations

We create an ecosystem to buy and sell crypto easily, you can sell your crypto in nearest minimarkets and use it to pay your groceries, it is super easy.

[indr01]

And so happy to announce that we are collaborate with NEM

Welcome on board, Mr. Lon Wong (Pundi X's Angel Investor, President of NEM)