1- Scratch cards seems to be the best solution to buy any cryptocoin in a Non-Banked society like mine “Egypt”, as the cost of creating a bank account and wire transferring fees are ridiculous (City bank is closing this month), the only available solution right now is localBitcoins.com and no matter how much you search you will not find a better deal than paying an extra 10% of the market price, and only bitcoin is available now, so Scratch Cards -If the government didn’t baned it or enforced ridiculous taxes on it- will be the best solution.
2- Its EXTREMELY hard to get anyone here to trust cryptocurrencies, so who would ever want to buy Bitcoins ? even that Nubits are not volatile but they have no reason to trust its stability beside they cant spend it any where yet, so who would buy a Nubits scratch card!
From 1 & 2: A business startup can -again if the government allowed it or they managed to stay underground- provide the public with the precious access to online services and goods A)with super simplicity if they accept Crypto, and B)easily enough if they don’t:
A) Customer go to the startup website fund his wallet with the scratch card code, enter the Bitcoin/cryptocoin address provided with the merchant and he is done!
the change Nubits will be theoretically small so he wont worry about keeping a dollar or two in his online wallet!
*Here the startup will provide a familiar interface with familiar local currencies with no need to worry about entering the mysterious world of Bitcoin or Nubit.
*The Startup will use Nubex as its back-end processor of the exchange, while the front end deal with the interface and the scratch cards infrastructure deals with the accessibility.
B) Customer go to the startup website fund his wallet with the scratch card code, enter the Bank account/paypal address provided with the merchant and he is done.
*Here also the startup will provide a familiar interface with familiar local currencies, with a lower fees than the regular or internet Banking systems and no accounts, minimum deposit or any extra complications.
*The Startup may not need Nubex for instance exchange since Nubits are already stable and they can liquefy them anytime to refund their usd fiat account to pay to the merchants when needed.
*However, if the Merchant accepts some sort of fiat that can be handled by the Nubex bot (e.g Perfect money) then the Nubex will be used exactly as it used in A).
= If Pitpay and other crypto payment providers succeeded, the B scenario will happen less often, which is better.
=Nubits market volume will increase as a new market will be widely opened with no fears and complications to draw it back, which means more profits for Nushares holders.
=Un-Banked people will be introduced to the Nunetwork as the reliable network that gave them the accessibility for what they couldn’t afford before, and Eventually they will start to use the Nubex themselves and even recognize Nubits as trustworthy currency they can accept localy.
=Peercoin also will be recognized as a trustworthy store of value for big and long term investments as it will be known as the dividend coin for Nushares, and more importantly it shares the same network and community.
=Scratch Cards Startups will benefit from selling Nubits(the fast and cheap access to all the online goods and services) even when people start to use Nubex themselves, until the community is saturated enough or others start to provide better deal.
At least that what i hope and i doubt that the Egyptian government will allow this to occur or being affordable, the good news that Nubex doesn’t have to do anything here to help but existing , nor it will lose any thing if it succeeded or failed!