Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
freigeist
on 15/03/2017, 16:06:05 UTC

you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto.   case closed


1)
Except on localbitcoins to buy crypto you need what?!
again bank account and credit card!  Undecided

2)
To buy altcoins you need what?!
You need to buy BTC first as all the altcoins are traded for BTC.

3) to buy BTC go to point 1.

We are stuck and will be stuck in this loop until someone starts producing and selling food
directly for crypto bypassing all that FIAT crap
as it seems you can't eat if you don't not have FIAT.



1. localbitcoins accept cash no need for a bank account
ATMs also accept cash no bank account  is needed

2. now you've to pay for google fee & bank transfer fees + take 3 days to the money to show up on you bank account
no thx not for me




Neither is for me but just saying that this options that seems so available in reality are not so available
in case a person lives in a smaller town (place) because it means it will have to drive at least from 50km to 150km for
finding the next BTC ATM or meeting the next BTC seller to make the exchange
and in that case the fees or the prices are really high even more than 10% higher
when compared to the price at the exchange.

Also what caught my eye are the exchange rates of this changelly service that was integrated into the NanoWallet:
https://changelly.com/rates

Don't tell me that people are actually buying any BTC or any other crypto from them at that rate?!  Huh Roll Eyes