Quote from: Xenland on August 31, 2011, 02:14:12 AM

Actually with my current website, it will take me ALOT of work so that is a blunt statment. I don't know of any exchange that will directly take USD for SC or vice versa, I'm forced to program fluctuating SC exchange rate with the already fluxuating exchange rate..... on top of that I have a "Locked in BTC price" so its even more of a hassel. That is why I'm going to sit on the side till SC gets its stuff together.

Yep all good points. It depends of course on a variety of factors, but regardless of what the "value" is, switching to SolidCoin is really painless for most sites. Obviously determining "value" is an importing thing for any business and will definitely restrict uptake.

So we need to improve the developer tools and make it easy for businesses used to dealing in fiat to have that option. Unlike bitcoin we aren't going to force users to rely on middlemen who go to the exchanges for you and take fees and then give you fiat after a complicated and unneeded signing up procedure. We are working closely with some exchanges to offer this straight to the business and give them the code to use it.

Even with Bitcoin's "value" in 50% swings in some days businesses can't rely on it. So for a while at least we have to peg value to fiat and keep their holdings in fiat until the day the currency is stable.