[Passed] Promoting Nubits to internet payment processors, exchanges, and gateways

[cryptog]

The Greek crisis may not turn out to be Cyprus scale on awareness cryptocurrency

Traders will be speculating that crypto commodities will rise.
So bitcoin price is likely to go up.
But I am skeptical that even a small portion of Greek will buy bitcoins because it does not seem popular over there since it seems it has a ponzi scheme reputation.
And the volatility again does not make it a good store of value, as alaways.
So let us bet that they will be turning to NuBit instead, even a tiny portion

But beyond Greece, the crisis will spread to EUR and USD, I feel by Sep~Dec 2015.
We can expect a devaluation of the EUR and USD.
Now, it is a great opportunity for NuBit to show its colors.

[Mark]

I think @erasmospunk is Greek and If he wants and find some free time he could write or just help translate an article about NuBits and popularize it in the Greek media. Unfortunately, I think he is very busy with B&C Exchange now.

[Sentinelrv]

Wow, I didn’t know this. That would be an awesome opportunity if we could capitalize on it.

[tomjoad]

Update: initial emails have been sent out to the following companies:

Bitcoinpaygate
Walpay
Bitcoinpay
Bitpay
Coinify

BitMerch appears to be defunct and was not included.

Let’s give these companies 7 days to reply and we can adjust our strategy based on the responses we hear back.

[mhps]

@tomjoad Thank you. Nu actively expands into PEG business. An outreach milestone.
This is also a test of actual acceptance/resistence level of how established internet e-currency environment accepts Nubits.

[tomjoad]

Update July 6th:

Bitcoinpaygate - No response
Walpay - No response
Bitcoinpay - Declined
Bitpay - Standard “we’ll contact you if we consider it in the future” response.
Coinify - No response

[cryptog]

why that lack of interest?

probably they are too old-fashioned to even consider accepting nubits.

Nu needs probably its own payment processor and gateways.

We cannot count on entities that reject change.

[mhps]

Update July 6th:

Appreciate the report @tomjoad . Did bitcoinpay give any reason to decline?

Anyway let’s send to another batch of PEGs. We can go back to the ones with no response every other week in case the message has been lost in their mails.

[tomjoad]

Did bitcoinpay give any reason to decline?

Unfortunately nothing concrete. Here is their email reply:

Dear Tom,

we are sorry, but we do not have plans on using nubits.

Daniel.

I will try and send another batch of PEG emails in the next day or two, including follow-ups with those PEGs who haven’t responded.

[mhps]

This is excellent. Even they declined, the communication channel is open. It’s a valuable resource. Nu may someday become an important node in the web of payment businesses, although we can’t see how exactly now.

For example I think liquidity provision by NU to PEGs could be possible. An important indicator of PEG competitiveness is how much liquidity in reserve a business has. Nu could leverage its expertise on liquidity operations to provide on-demand B2B liquidity to PEGs. It’s like lending but it’s also utility provision.

[mhps]

Recommended by this post, 247exchange has been engaging the peercoin community for more than a half year, showing that it is familiar with peercoin and can follow things through. The exchange appear to have good service providing fiat currency. So I suggest we contact it soon.

[mhps]

Any progress? @tomjoad

[tomjoad]

No additional responses have been received yet. In regards to 247exchange, do you have a specific contact address I can send the message to? I see you responded on peercointalk, but a direct email may also help.

[mhps]

At the bottom of te 2nd post of this thread I find affiliates@247exchange.com

We need to expand our net. Can we get a new batch out?

edit: I also find help.and.info@247exchange.com in the about page.

[zoro]

time is on NU side. after a year or so of a pegging coin the interest will arise

[mhps]

Any progress @tomjoad ?

[tomjoad]

There haven’t been any additional replies to the next batch I sent out. Nu is still under the radar for all these businesses, and they don’t seem overly receptive to adding us at this point in time.

[mhps]

Thanks. Let’s hang on and go through the list. Can you send another batch? Where are we now in the list of section 2 here?

[mhps]

Nubit has lost one round to Tether in being traded at one of the major internet e-currency exchange http://www.rchange.net/ , where now Tether can be bought with or sold for 7 e-currencies such as PerfectMoney, PayPal, and btc-e USD.

Support this motion and [Discussion] Contract to create web interface code that one can use to sell/buy Nubits with fiat online

[zoro]

i see only centralized money in this exchange. how nbt can fit in there?