Re: ⚡[ANN] TOKENPAY ⚡ THE WORLD'S MOST SECURE COIN ⚡ TOKENSALE DECEMBER 7TH ⚡
Thanks for replying your answer was what I was wondering.
I think this is a good project and will invest in it but at the same time I don't think you can sell the "Total Privacy" side of your coin while at the same time promoting the use of a debit/credit card as we all know they will fall under the KYC rules.
So that then makes me wonder why promote having a card at all if it by doing so you remove the very essence and most important feature of the coin?
Once you remove privacy it then just becomes another coin trying to get a credit card just like Moncao and TenX, both of whom do not have privacy and are struggling to align themselves with Visa and Mastercard, why would a privacy coin have any more chance of doing so or would the bank you buy be the issuer of the cards and if that is the case, how could buying a bank help you to achieve accreditation from a card provider if your coin is based on privacy?
Sorry if my comment sounds like it is meant to be negative as it is not I just see the two privacy vs credit-debit card as Ying and Yang, two totally different things, so from the outside looking in you have two features of your coin pitted against each other, or am I missing something here?
Not trying to avoid you just trying to reply to as many people as possible and given account limits kinda annoying to wait 6 minutes to make a post
Regulated banking is an essential service whether we like it or not (trust me, we dont like it). Frankly, the license holders are influential and we want to make a difference by being as disruptive as we can in the global banking system. Clearly there are limits as to how disruptive we can be but we plan to at least challenge the conventional notion that everybody with a secret offshore bank account or holding crytpocurrency is a money laundering criminal by default.