I’m glad to help, to see this project going to da moon;) There is a lot more that I can and would like to do, I just need to organize my work. One direction is connected with Forex investments, as mentioned earlier, I’m considering launching an asset tradable only for NuBits (it solves a lot of problems connected with volatility of cryptocurrencies, that’s obvious:).
Another direction that is within reach of my possibilities is establishing a remittance service in one of the central America’s countries, I have a person who works at a local payment company and I know that they’re open for innovation, especially if they can get a chunk of the remittance market. I’ll contact the guy and see what we can do together.
A crucial element of such a service would be the easiness of getting NuBits, or in general the easiness of the whole process, what the user experiences. For this reason NuBits need to be easily accessible- if I’m in EU, I can send a SEPA to CCEDK very cheaply, and convert EUR to NBT. It would be even better if I was able to buy NBT from a local(national) exchange, so I could use a simple bank wire. But what happens if I’m outside of EU? What can I do? Buy BTC and exchange it for NBT and then send it to the remittance service? That might be a way, but then I’m vulnerable to BTC’s price change between the moment of buying BTC and sending and receiving it on a NBT exchange. In such a process the person is also facing additional fees- for sending fiat to a BTC exchange, for exchanging, for sending the BTC, for converting BTC to NBT, all of this sums up and influences the final cost, and we need to remember that the remittance service also needs to charge its fee.
I need to look at the precise number to see what are the total costs and what kind of fee the remittance service would need to charge so I can compare it with Western Union?MoneyGram fees, but my main point is that NuBits need an infrastructure, numerous exchanges like Bitcoin, ease of use.