I guess here's my disconnect. I can buy BTC with USD at coinbase. I have a verified checking account that I move USD into when I need BTC. I go to coinbase and press a couple of buttons and I can ask for $38 worth of BTC and mash the button and it says OK. [ Insert 30-60 minute wait for confirmations ]You now have $38 worth of BTC. That's it. When you tell me I can exchange USD for BAY, I expect to be hooked up with a buy/sell button to exchange $38 for BAY. Press the button, it says OK and the BAY are in my wallet. If the exchange of $$ > BAY is more difficult than $$ > BTC, then what am I gaining by using BAY? I'll stick with BTC because it's easier.
I think of it like this. I can teach my 10 year grandkid to buy BTC in my coinbase account in less than an hour. You have said that I will be able to exchange USD for BAY in the client. When will there be a secure, reliable exchange mechanism I can teach to my grandkid in under an hour? Otherwise, what's the point here?
Are you fudding this or something? There IS a Buy/Sell button in BitBay and BitHalo. Once you enter the info in once, its saved and you only have to click the button once. It will then buy at market price for USD. If the market price fluctuates your order will too.
Everything is automatic, thats the point of a template. If you allow western union you might have to log in and send money (oh the agony!)
Also, are you a soccer mom, 15 year old, or a dude with grandkids? lol... your "grandkids" will probably be driving flying cars when they grow up.
Tell me if this is too complex for you... you click "Buy coins" enter how much, and you are done. Is that too complex for you?
Furthermore, Coinbase is not avaiable anywhere but america... lol. Arent you forgetting 99% of the world that has no way to buy Bitcoin? They can do that here no matter what country. Halo just solved a huge, huge problem. Problem solved international cash decentralized anonymous peer to peer transactions.
Also if China bans BTC, guess what? People can still use Halo. Its anonymous because its peer to peer. Coinbase reports you as suspicious if you transact too much and you will get audited... have fun with Coinbase lol. And Coinbase has been known to revoke high frequency accounts for no reason. If China bans BTC, then can buy in Halo because its anonymous/peer to peer. Any funding method is available. I would like to see Coinbase take Western Union. Do they take western union? ohhh thats right they dont.