Re: [ANN] UniFox - 💎 Imagine MasterCard for cryptocurrencies 💎 [Presale 28.10.]

and why do you think that this money transfers will work? there lot's of money transfer system in the world, what the benefit of this?
Like the project, but have a little doubt by integrating the things to the real world

the way i see it: what the main problem of the money transfers? they include the midlle man, the price is high, and the time to solve problems are long. What gives us the Unifox Blockchain with stablecoins, and transfers. Fast transaction - if these guys will manage to make like 200r tps on the own blockchain, the transaction will go in seconds. The cheap cost - transfers will be paid in tokens, with i think no more than 1-2 tokens ) it's like 0.50$. The ability to withdraw money from any store, club, or pub that holds the POS, or ATM, or kiosk. so you don't need to wait in the lines to he bank )

Interesting, but the problem is how this is going to be regulated on the government level?

well, the problem of ATMs in any county is that it should be regulated, and give the native currency, as in Ukraine for Example. so i don't know how is this going to be regulated, maybe not for now, but in a year ot two.. who knows )

i think the money withdrawal can be reached with the pos ) so the client will come to the store and withdraw the money (sent to he pos owner inside the system) and the owner can give it to him in cashe. like a store point of Money transfer...but then there is a question with the accounting

Not only with accounting, but also with tax, I dont understand how information will be provided to tax authorities ...

And that is very interesting question, if we say that blockchain and crypto are non regulated, than will it mean that profits from the person that pays with crypto are not under the tax radar?