[07:09] <Pikuchato> wow, I hope I got it right but does it mean noble/noxt going to have its own payment system? which can be used with every purchase that supports BPAY?
[07:10] <Pikuchato> what is "BPAY - Enabled Bill Received" ?
[08:34] <Pikuchato> So basicly rofo will pay BPAY to use their service?
[08:35] <Rofo> no I wont be paying BPAY
[08:35] <Rofo> ill be running an automated service that allows people to use BPAY with just NOBL/NOXT
[08:36] <Rofo> BPAY is a nationwide service that lets every aussie pay their bills and taxes digitally
[08:36] <Rofo> BTC was the only coin you could do that with recently but they closed up and dont offer it any more
[08:36] <Pikuchato> ohhhhhhhhh ok I get it now
[08:36] <Pikuchato> will this service support btc as well? or just noble/noxt?
[08:36] <Rofo> because its at a fixed stabilized rate also it means you can apply the 'discount' if our price goes below a certain level
[08:36] <Rofo> just nobl/noxt
[08:37] <Rofo> just 'our' coins
[08:37] <Pikuchato> so basicly it is correct to say that the only crypto that can be used with BPAY is noble/noxt? in the future of course not now
[08:37] <Rofo> yes
[08:37] <Pikuchato> wow
[08:37] <Rofo> im sure more might try in the future though if it catches on
[08:37] <Boreiv> \o/
[08:37] <Pikuchato> I'll read more about bpay I thought it is just a btc gateway
[08:37] <Boreiv> hail hosannah
[08:38] <Rofo> the advantage i always have is im public and ready to apply all tax/legal laws to myself in order to get these things done
[08:38] <Boreiv> shame i don't live in aus
[08:38] <Rofo> its relatively simple but just thought it was another attractive use of the coin, especially at a guaranteed rate
[08:39] <Rofo> 'BPAY is an electronic bill payment system in Australia which enables payments to be made through a financial institution's online or telephone banking facility to merchants who are registered BPAY billers.'
[08:39] <Pikuchato> rofo so after this system will work, is it correct to say you will be able to live in australia and pay *only* with noble/noxt? or it is not thats simple
[08:39] <Rofo> its that simple really
[08:39] <Rofo> you have taxes or a water bill
[08:39] <Rofo> you can pay it directly in noxt at a guaranteed rate
[08:40] <Rofo> the BTC system had no legal or financial/regulatory issues whatsoever from reading all their material (i would like to travel and meet them also next year).. they simply closed up because of the current double taxation issue
[08:40] <Pikuchato> it will take time until people will realise what you are building, I need to read it again myself
[08:40] <Rofo> which only becomes an issue if you got really big (and then started exploring adverts or something to make up for it) and assuming this loophole is not fixed in the near future
[08:41] <Rofo> the whole approach is relatively simple you just grab everything you can do with fiat