Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched
by
dcgirl
on 04/03/2014, 01:17:18 UTC

*On the stuff with a market.  I'm not sure what Doge has done;  but payment processing is the hardest part of a retail store utilizing any crypto.  Any store that uses BTC goes via coinbase, not an exchange.  We may first need a licensed payment processor. 


On this one, I'm trying to think it through. There may be a way to achieve payments without being a payment processor, and instead serving as an escrow agent, especially if the store is more of a "middleman". I'd be curious to hear what others think. If instituted this way, then price is determined at time of sale. I need to really think about it and draw something up. A lot depends on the kind of store - to be a retail store like dogestore, you would have to interact with suppliers. But if it were more of a "user sells his stuff" store, performing escrow might work well, as no fiat would ever have to be exchanged.