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Sk8eM dUb
2378d · Bitcoin Cash
You need a very cheap middleman to get from BCH to fiat.
En Fri Mand
replied 2378d
So what you mean is that current payment processors are too expensive?
Sk8eM dUb
replied 2378d
Exactly, the onramp for customers cost money and the off ramp for merchants costs money. And nobody wants to/can afford to hold it because of the volatility.
En Fri Mand
replied 2378d
Agree. That's why we need tokens.
Sk8eM dUb
replied 2377d
I think a good choice of wallets connected directly to exchanges that you can choose weather you'll sell immediately or hold will be enough. Competition will get the cost down enough.
En Fri Mand
replied 2377d
This is actually a great idea. Hadn't thought about that.
En Fri Mand
replied 2377d
Agree. And getting away from the percentage fees and instead having fees per trade/transaction.