Comment by @stani • Hey
I once was thinking that one way to actually create more on-ramping for crypto would be to create a machine where people can deposit cash, get crypto and w
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me?
Noice
That is a good idea, I just used the $Bitcoin ATM in HongKong and Singopore. Each of these instruments has a corresponding clearing house behind it that earns the exchange rate difference. It is definitely a very good paradigm if P2P can solve the problem of the lack of intermediate profit differential as a profit rebate supply
This is a 🔥🔥 idea.. This would be dream come true in some remote parts of the unbanked world. Only issue is security of stored fiat and maintenance of the machine. Wonder if a small cut on the exchange can be enough to allow it for anyone to be run profitable!
so ture man
This is basically what this is. We need more of this. Able to withdraw to mobile wallets with slick ux is key too.
I feel the part of p2p need to have soke sort of strong verification mode to make it free from scamming
I think this function can be assembled by Lens, with the help of social relationship to do the information aggregation between the depositor and the extractor, and the demand side can launch the instant bounty in Lens to combine with reality directly on the chain.
interesting
so intersting
Would love to see it, any ideas how to address the challenges? Any intersection between the physical world and this digital one are rife with them.
hope for a bright future
interesting
nice
We need more of this
yes
Cool
You have such a wonderful sense of aesthetics.
nice
focus on that
It will definitely come true.
Building
The corrupt world won't accept as they got power in Parliament
This will accelerate crypto adoption mass globally. Many countries don't allow withdrawal of crypto to fiat and also centralized exchanges cannot be trusted with crypto to fiat withdrawals as they can close any moment.