@bible_pay youve been doing awesome work!
I was thinking about the average person yesterday,
I think we need an easy way to exchange fiat for BBP like Coinbase, not sure how easy or possible it is.
Right now to get BBP a user would have to create account on Coinbase, transfer money in, buy Bitcoin with market order,
Then set up account on C-CEX, transfer Bitcoin, then do limit order to buy BBP.
You too, and thanks again for the guides. Hopefully we can get more volunteers like you soon to modify the main embarassing wiki page (wiki.biblepay.org) so we have a more professional presence.
Yeah, I hate to be pessimistic, but that usually takes a year. The good news is I think we can do it. I think in our case, we release Sanctuaries at Christmas, then go live with exchange #2 (hopefully bittrex or poloniex) next January, and next March while we start a PR campaign, we can then get to this idea. I have a list of the top 5 crypto-debit card provider interfaces from another project I am sort of loosely part of. These are real debit cards, like shakepay and bitwala. I think once our market depth is more than 3BTC per day, then we can talk about integration. Otherwise, its just a big joke to think we can ask someone like shakepay to integrate with us. But I think we can get there once we have exchange #2 and people see price appreciation due to the shrinking coinbase involved with the sanctuaries.
One thing I've never completely understood is how sanctuaries will be implemented. When they are established, how exactly will selections be made on which nodes become Sanctuaries? Is it a matter of putting in a stake?