No fee, and not concerned about chargebacks or KYC laws? I mean I don't want to assume bad intentions but there's a reason this doesn't exist. @justinashby how are you addressing these issues
My concern is that what you are proposing requires an money transfer license. If it's being done online then you need international license. I just want to be sure you realize what you are proposing here and the hurdles you are facing. People will charge back on you. People will overdraft their account. No fee and paying massive fees to be audited and getting regulated by a govt entity.
Well I wish you the best of luck, I just wanted to voice my concerns and make sure you were aware of what you are getting into. Just check out your country's laws to make sure you don't get in trouble.
It's a very complicated legal landscape when you start talking about moving money between people because it opens up a lot of doors to criminal activity. I am very anarchist so I'm not opposed to the idea of what you are proposing or anything like that, but you don't want to end up like Shrem getting hit with RICO/money laundering charges because you wanted to do a good thing.
It's justinashby
No fee, and not concerned about chargebacks or KYC laws? I mean I don't want to assume bad intentions but there's a reason this doesn't exist. @justinashby how are you addressing these issues
Those are good questions for him.
I agree. The feedback is a great asset.
My hope is that skilled community members come forth to fulfil the needs of the project.
My concern is that what you are proposing requires an money transfer license. If it's being done online then you need international license. I just want to be sure you realize what you are proposing here and the hurdles you are facing. People will charge back on you. People will overdraft their account. No fee and paying massive fees to be audited and getting regulated by a govt entity.
VIVA has them, BTC has them, DOGE and LTC too.
Well I wish you the best of luck, I just wanted to voice my concerns and make sure you were aware of what you are getting into. Just check out your country's laws to make sure you don't get in trouble.
:) I am not angry or offended. I am grateful for your concern.
It's a very complicated legal landscape when you start talking about moving money between people because it opens up a lot of doors to criminal activity. I am very anarchist so I'm not opposed to the idea of what you are proposing or anything like that, but you don't want to end up like Shrem getting hit with RICO/money laundering charges because you wanted to do a good thing.
I will have the answers as soon as possible.
We could float them out in international seas. And have boats that bring people to the Steem Teller Machines when they need to use them.