I hope to see someone (INLEO or anyone else) work on is creating more bridges between fiat and hive. My dream is to have friends pay me through PayPal or Apple Pay or WeChat and I receive HBD. I guess governments make that hard though
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I can tell you as a former employee and one of the first Apple Pay techs... It ain't gonna happen with them, lol. Believe me, I put up a fight, lol, I was told to hush, lol.
When was that though? I'm sure a lot changes over time...but I still think you're right merely because tax laws make crypto accounting so complicated. If those change though, I'll think we will see crypto being used more as money.
I left in 2020. Not much at all has changed on that end. Tim Cook is a buddy to the bankers and investors, not to those of us that actually want to see innovation like Steve was. Steve would have done an Apple chain or something like that.
damn I would love to hear what goes on there that people don't know. Have you written about it or could it get you in trouble?
Na, won’t get in trouble, I don’t work for them anymore, haha. To be honest, it’s not as interesting as you would think. They don’t tell the employees much at all. We find out stuff the same time the public does unless you are part of product launch team like I was with Apple Pay/Apple Cash. With that you are basically given a NDA until launch. That’s a part of how they keep things under wraps until they announce it. We weren’t even allowed to talk about rumors and such. Apple is a clut-ure for sure, lol. All I know now is that I still trusted their encryption and privacy features, but governments are trying to force them to either kill E2EE or give them a “legal back door”. And that I am not down with. But then again, is anything in the digital world safe anymore?
This usually needs some centralization due to the need of connecting to the credit card services, etc.
But maybe with a P2P function where Person A puts a fiat order to pay to Person B in crypto, and it's fulfilled by a person C who takes the order, receives person A Fiat and fulfill it liberating the crypto to Person B
That would totally work....if the credit cards and paypal didn't shut it down, which I believe they would in most countries. It might work in some countries where the government isn't as on top of these things.
But who knows what will change this year! I sincerely hope for this because I want to earn and spend HBD outside of Hive and I don't imagine other shops will join distriator in Tokyo anytime soon. @tentententen will be the first!
Yeah, in mine Binance works fine so it would be possible here since it's a similar system.
Here they tried to ban it once, buuuut the economy is still alive because of all the people bringing money from the outside so banning things like Binance or Zelle is a bad move
Yeah US is strict enough but Japan is way stricter. No bitcoin ATMs, no binance. Only 3 or 4 local exchanges I believe. I can't even get on my coinbase with a regular VPN so I'm completely cut off unless I open an account at a Japanese exchange which I'm not even sure will allow you to send to wallets outside of their system.... as centralized as crypto could be
I have a lot of mandarin speaking friends who are curious about hive but would rather interact with the English speaking or Spanish speaking communities than their own native tongue where they weren’t as interested in the topics. Hope I can bring a few over