Viewing a response to: @mountrock/re-spencerapplebaum-bitspark-the-world-s-first-cash-in-cash-out-remittance-platform-leveraging-blockchain-technology-20171117t124552152z
The idea is to eliminate the need for MTOs to have bank accounts. Because banks keep closing MTO bank accounts due to de-risking there has to be a better way for MTOs to trade fiat for digital currency. Therefore MTOs and senders can trade bitUSD etc. for fiat and earn a profit in the process. With a slow roll-out for BTS liquidity and fiat-pegged cryptos on BitShares blockchain this is very feasible.
| post_id | 18,168,657 |
|---|---|
| author | spencerapplebaum |
| permlink | re-mountrock-re-spencerapplebaum-bitspark-the-world-s-first-cash-in-cash-out-remittance-platform-leveraging-blockchain-technology-20171119t223643798z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
| created | 2017-11-19 22:36:42 |
| last_update | 2017-11-19 22:36:42 |
| depth | 2 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2017-11-26 22:36:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 404 |
| author_reputation | 282,560,279,254 |
| root_title | "Bitspark: The World’s First Cash-in Cash-out Remittance Platform Leveraging Blockchain Technology" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |