Did you missed my
post? I wonder how.
Sorry if I have to ask and seems a little bit demanding, but I prefer to know a project as deep as I wished before I proceed and take decisions
I did not missed your post, I just did not understand it so I did not answer.
I shall try to understand, let's discuss this
You said :
Applying your case, what would prevent the shop owner to just sell them in fiat (say, like 100$) and then convert them all into DSC? He'll get 10$ worth of DSC more by this way
Let's take a use-case example and state that 1DSC trades for 1$
You're a shop owner, you want to sell ... a smartwatch, for 100$.
You make a deal with our DiscountCoin foundation, you aggree to sell your smartwatch for 90$ and open an empty DSC wallet.
Some customer enter your shop and has a choice. He can buy your smartwatch paying 100$ OR he can pay with his smartphone wallet for 90DSC
He choose to pay with his smartphone wallet, 90DSC, transaction is almost instant and it cost him 90$ (remember for this example, 1DSC trades for 1$)
You, as a shop owner, now have 90DSC in your wallet. You clearly made less money selling your smartwatch in DSC rather than in dollars.
But, these 90DSC are now staking ! And these coins reward you, the shop owner, more coins each times a block is validated by your staking wallet.
In a few days, your 90DSC wallet have turned into a 110 DSC wallet, you made a profit !
That's the main idea of our project.
To make a win-win situation, win for the customer, win for the shop owner.
Well uhh... Sorry for being not clear. What I'm trying to understand is what if the story goes this way,
The smartwatch seller, which is me, does have a DSC account, had some successful purchases, and his wallet is staking.
A buyer comes in, lets call him John, and asked for a smartwatch. As your project is an extremely well known project in the future, John is also know about DSC, had some purchases in DSC, and hoped that he can get a deal with this store.
Deal made, payment issued, and John asked me, "Does your store, by any chance, know and has some DSC program? It'll be nice if I can get this watch for 90$."
Somehow, being a profit oriented seller that I am, a thought crossed my mind, (this is the point of my question) "instead of having a 90$ worth of DSC that's instantly sent to my wallet, why don't I just lie by saing 'no, i don't have DSC, we accept fiat and visa, though' and get 100$ of fiat, which then I'll use to buy some DSC and left it staking on my wallet. By this way, I'll have 100 DSC to stake instead of 90."
So, I tell John how sorry I am of not having such promo, but maybe I'll adopt the system in a very near future. He paid me 100$ and went home. I convert this 100$ usd to 100 DSC right away, then let them stake on my wallet.
My question is, what measurement will you use to prevent such scenario?
