Quote from: avikz on January 15, 2019, 09:08:36 AM

Wispay seems like a bitpay like service where anyone can pay using their credit cards or bank account and the receiver will receive the money in his wallet as per the prevailing value of his chosen crypto and vice versa. A fiat to crypto or crypto to fiat wallet service it seems like. I would very much like to pay through my cryptos for any service that I will purchase because that should be considered as a legal tender in my jurisdiction. Otherwise it makes no sense. Otherwise if cryptos are not a legal tender, then I won't have the power to dispute the trade if anything goes wrong.

Lets assume, I bought a mobile phone from an online merchant using my cryptos who accepts this wallet service and in return I received a defective piece. Now if the merchant disapproves my claim and denies to return it back, I would not be able to go to any regulator to lodge my complain. But if cryptos are recognized as a legal tender, I would love to use my cryptos from my daily expenses as well.

That's how a the next wave of growth will come!

This regulator is also the one who will decide whether a coin can be a legal tender? It does look like its prone to corruption. I'd like to think only the merchants can decide which coins they're accepting. No regulatory body just as it was designed to have middlemen like banks becase after all there is blockchain ledger to look at for proof.

Quote from: zweicmu on January 15, 2019, 08:35:20 AM

I saw there are some Paypal-like crypto payment services around (e.g. something like https://www.wispay.io). Do you think it's a good idea, given the current market?

I'd imagine if you are a receiver, such tools can be useful.
But as a sender, would you pay with your cryptos?

For myself, I'd like to get rid of some of my shitcoins while they still have some value, but I'd still like to hold my BTC

If you consider them shitcoins how in the world did you get to invest on it?