Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
flagel8
on 11/03/2016, 21:32:29 UTC
How about a cash teleporter?  As a side benefit, you get teleportation technology!  (Speaking of which, wasn't that part of SuperNET?)  

Anyhow, most banks allow you to deposit a check with a photograph.  You can do "remoteMoneros" via email today.  It just needs one person willing to offer the service at a reasonable fee.

Heck, I would do it, if it didn't involve revealing my IRL ID on a platter to random and sundry.

Oh, also, it really requires escrow until the check clears.  So either multisig or a monkey-in-the-middle game.

LOL, that side benefit might collapse society as we know it, but possibly in a good way. Although, we ARE talking about humans: MK1, so maybe not.

There used to be a company in Ottawa which did this. You would sign up on their site with an e-mail address, and request to buy a certain amount of Btc. They would then give you a window, about 2 hours, iirc, and a bank account number to which you would deposit an EXACT AMOUNT - this was key so that they would know which transaction was being funded.

You could also put the money in an envelope, and slide it under their door. You could even mail them money, although the rate would be the one prevailing when they got the cash. And of course, if it went missing, well, too bad. Or you could hand it over to a person behind the counter, if you didn’t mind someone knowing what you looked like.

This functionality was discontinued before the big bubble. Before the introduction of the first Btc Atm. But to avoid the new KYC regs, there was still localbitcoins. Wonder if we’ll see something like that for Monero? And if so, how long a window of usage we’ll have before The Powers That Be (not to be confused with TPTB_need_war) crack down on it?

But there are still Bitcoin Atms. They are still mostly anonymous. The fees are still (mostly) horrendous. A Monero Atm, if marketed right might help in this regard. Although the operator would have a hard time remaining anonymous. Might be doable though.