Quote from: BEECoinfan on July 11, 2014, 02:17:18 AM

Quote from: MickGhee on July 11, 2014, 02:05:21 AM

Quote from: BEECoinfan on July 11, 2014, 02:02:25 AM

Quote from: MickGhee on July 11, 2014, 01:21:25 AM

"I wish my power company would take my coins"

SERVICECOIN

The purpose of this coin is to bridge the gap between the cryptoworld and the the real world.

call the 1800 number

give us the company you wish to pay

give us the account to pay on

pay your fee

wait ....

wah-lah you just paid your bills with crypto

q what does it cost?

a the total bill plus a convenience fee of 6%

Just throwing this in.... what if instead of calling a number you just go to a website and put in their biller code and it pays your powerbill/creditcard/council rates/medical etc.. with No fees
(although I live in Australia not sure if their is a similar service for other countries)
https://www.livingroomofsatoshi.com/

because 1800's are olld fashioned and add charm to the coin

Don't forget though when people are paying high dollar amounts (Thousands off credit cards) they normally like to check to make sure all the numbers are correct so no mishaps easier to do on a screen where its visual or on a smartphone where its convenent and 0 fees is a lot better then 6%. I think most people here would rather convert btc to dollars at 1-2% and then just pay by cash. The website I linked to doesn't do it for profit but to help with mainstream adoption. They also use Coindesk spot price so they make a little money on the conversion. IF you make money on the conversion (because btc price is different depending on what exchange you use at what second) plus charge 6% I don't see it being a heavily used service. (Trying to give you some friendly helpful advice)

thank you so much for you educated constructive criticism that is the kind of feedback i need to "re-vamp" this idea how bout this 1% fee and a 1% premine that way we can make profits by HOLDING the excess premine do you think that would be favorable? this i9s a FOR PROFIT endeavour and share holders need a guaranteed return