You are viewing a single comment's thread from:
RE: 'Around the Block' Show Recording with guest @andrarchy of Steemit Inc. - Episode 2
I'm not so sure about on boarding process... It won't be easy, that's for sure... I mean, we really need to find a way where we can easily create accounts... Who want's to wait 7 days to have acc?
You can buy an account for 5 steem, which is $1. And if you do that, you don't need to provide neither email of phone number as far as I concerned.
well, this is practically possible but what I am concerned about: in a world where there are laws and regulations and centralized-minded maniacs... Is this compliant with SEC Regulations? Steemit Inc. is a US-based company, so is Steem-Engine (or whatever their name is, do they even have an Impressum?) I guess? They provide a payment service (you can exchange money) and without matching KYC,anti-money-laundering and anti-"terror" regulations you are a dead man. ... I mean not us (we have a right for privacy) but them, from an investors perspective
It's about the principle, some people are like that. Is not that 1$ is something (it can be in some countries)... but if you know you can get it for free, you'll try to get it for free. People are like that. :)
They're planning to do "light account" or something like that to speed up the onboarding process. An article was posed a few days ago. Of course, some people are make money out of this, so, there's conflict of interest.