Quote from: Ericc22 on December 09, 2017, 09:29:12 PM

Just thinking about this further, if a purchase on an Ethereum blockchain is made with $s, there has to be an exchange from $s to ether to pay the miners, right? At that point would the app be functioning like an exchange and subject to regulations? And tax consequences from the exchange?

Thanks!

I understand what you mean and I don't think an app is able to do an automatic and instant conversion of fiat to an altcoin. I'm yet to be abreast of that.

Quote from: kaya11 on December 09, 2017, 06:44:20 AM

Quote from: Ericc22 on December 08, 2017, 05:39:23 PM

Thanks for the response. Sorry I think I was not clear.

This is more of a theoretical question. I have wallets, own crypto including Ether. I have made purchases with that Ether. In doing so I have found the process to be tedious. Too burdensome for mainstream users.

So I am wondering if a mainstream consumer can make a purchase on an Ethereum blockchain with just a credit card? This would at least remove one barrier.

Thanks!

You can find some brokers or go the site of Coinmama. I'm pretty much sure that they accept payments using credit cards but the fees are so high rather than buying bitcoin and exchange it to ether in exchanges. Where do you live by the way, because some sellers are limited to costumers who's countries are banned.

I think Op needs to do a research on brokers or sites that do a conversion, it is possible and thats the solution if he wants to avoid the stress of coversion.