Quote from: qwizzie on September 27, 2015, 06:44:45 PM

Quote from: Solarminer on September 27, 2015, 06:28:25 PM

Quote from: wozzek23 on September 27, 2015, 10:22:28 AM

Quote from: wozzek23 on September 27, 2015, 09:57:52 AM

- its minuscule fee for a transaction;
- the speed of the transaction (IX);

I've been thinking a bit about that famous, elusive 'mass adoption' based on what I wrote in my previous post. IX etc., are deemed to be safe. The infrastructure I am proposing can go that far to completely remove a need for a wallet (DASH or BTC) from the equation.

-- a DASH CASH platform;
-- an user, a retailer gets assigned its unique # something they understand in a very easy, safe and secure, streamlined process. It can be associated with their e-mail, Tax ID, name, who cares (and on the back-end of D-C platform) it is identifiable as a simple, unique Dash address;
-- their own website or a physical place of business would have the same stuff like PP button or QR code and accept the payment;
-- the payment goes, via its DASH CASH platform, using DashPay, Dashbase etc., to the retailer's fiat account.

And voila!, these advantages - like the credit cards but instead for a 3% fee, only a 0.03% fee - get even to the most dense, crypto-averse in particular or novelty averse in general people and we can approach them with a clear message without all the voodoo. Let them study the voodoo if they wish. If not we have enough geeks and upcoming generations that will be happy with the crypto world, crypto anarchy, blockchain based governance, blockchain based corporations, passports, nations...

Actually, all you need is a Dash address linked via ACH account to fiat deposit. Have a shapeshift like transaction, put in the $ amount you want and it will give you a deposit address and amount of DASH to send. The problem comes in when you deposit with Fiat, you have to have KYC and a money transmitter license/commodity trader license. Maybe you could somehow make the owner of the dash deposit address the same as the ACH account and eliminate the need for the KYC and other paperwork.

Bitpay pretty much does this with bitcoin already but with more account information requirements. They also have the licenses and per sale accounting needed to do it.

The other key that is bigger than just a place to accept payments, is the how you send them. Mobile wallets need to be really easy to use. They should use nfc to communicate the amount and deposit address automatically. This should be possible like when you bump phones to transfer a contact. If you can do that, it will be really easy to pay for things. You could even add a password, transaction limits, and other security features. So not only is this easier than a credit card, but safer.

Now you have a better merchant and consumer experience to propel mass adoption.

For a start we need more sites like these :

https://www.litebit.eu/home/dash/nl/?page=landing&coin=drk&lang=nl

To be honest i havent tried that specific site out yet (i will do that soon, for now i'm using it pure as example) but appearently it has several fiat currencies
(EUR, USD, Pounds, New Turkish Lira, Swiss Franc, Polish Zloty) that can be exchanged for Dash directly (they seem to have 14K Dash available to buy) and visa versa.

Now if they can somehow implement InstantX for Dash, traders / users could be in and out of Dash / FIAT very fast.

Payment methods :

Site Languages : Dutch, English, Deutsch

My experience with litebit.eu : it took one day to get my payment methode verified by sending 0.01 euro (1 cent) to them
(this was to verify my Ideal payment methode).

For newcomers like myself it will then mean a limitation of Euro 100 as you end up in a basic verification, however after placing the first order it will take
two days and then you can automatically buy through Ideal without limitations (except the limitations you bank has put on your bankaccount i guess).

So i kickstarted it with a buy-order below Euro 100 and paid through Ideal. 10 minutes later the Dash was in my wallet, totally avoiding the need to buy
Bitcoin first and converting it to Dash. The site also has a nice stock of Dash to buy (some 14K).

All in all it was a smooth and fast process and i was in and out of there in no time. Registration can be done anonymous too, its really just the payment methode
that gets verified.