Just thinking about this further, if a purchase on an Ethereum blockchain is made with $s, there has to be an exchange from $s to ether to pay the miners, right? At that point would the app be functioning like an exchange and subject to regulations? And tax consequences from the exchange?

Thanks!

Thanks for the response. Sorry I think I was not clear.

This is more of a theoretical question. I have wallets, own crypto including Ether. I have made purchases with that Ether. In doing so I have found the process to be tedious. Too burdensome for mainstream users.

So I am wondering if a mainstream consumer can make a purchase on an Ethereum blockchain with just a credit card? This would at least remove one barrier.

Thanks!

Greetings,

I am new to Crypto and blockchain, but fascinated..... Hope I am posting this in the right place.

I have tried making purchases on various blockchains and have done so with BTC or Ether. There is a burden to doing this of course for the average, mainstream customer. I am wondering if there is a reason purchases have to be made in Ether, or if there is a workaround so a blockchain market can allow a ‘customer’ to make a purchase in fiat (dollars).

For example, if there was a market for diamonds, and I wanted to buy a diamond, could I purchase that diamond with my credit card and maintain the integrity of the blockchain? I assume a conversion would get made behind the scene so that miners would get paid. But this lowers the burden to get new customers on board.

I know eg with cryptokitties or cyber punks I need to purchase with Ether. I think that is great as it supports what it seems to be the importance of those purchases happens to be. But if they went mainstream could they - technically - accept fiat?

Sorry for rambling and hope that question makes sense!

Eric

Greetings,

I want to explore the purchase of CryptoKitties to understand trading. I know I need metamask to do this, but, I only have ios devices. I have an ipad and an iphone. No desktop.

Is there a way to transact in kitties without a desktop? Can you either get metamask to work on an ipad or is there a workaround?

All help is most appreciated!!

Eric