The way I read the ann tonight was we will not be able to sell for $20 for 30 days after you become a member of paybase. You have to be tier 4 to sell to fiat.
Then sell for btc and make btc>fiat on coinbase or any other exchange
Yes, but will the BTC price (Tier 1 and above) be anywhere near the $20? Nobody ever promised "$20 equivalent in BTC", only "$20". So they can delay it forever and build any kind of hurdle(s) for Tier 4. In fact I don't even have "two forms of government-issued ID", do I need to apply for some new government ID now just to satisfy this ridiculous requirement?