Date: January 20th, 2018 7:25 PM Author: Brass Dog Poop Keepsake Machete
I currently hold PFR, but couldn't say whether it is a good deal or not at this point.
Another shitcoin you could look into is Bloom (BLT). I went in on this ICO recently with several other XO'ers. It is currently trading on the shit-exchanges for a little over ICO price. It seems to be a legitimate product and I don't think anyone else is trying to do what they are doing in the crypto realm with credit profiles. They also have a young professional team of geeky social justice types from Stanford. I have absolutely no conception on when/if it will moon, so DYOR. My thought is that if crypto really takes off in the financial services realm like everyone says it will, stuff like Bloom, Civic, etc will be very important.
Date: January 21st, 2018 6:02 PM Author: razzmatazz kitchen
"You wanna buy a bitcoin. Instead of transferring your dollars and hoping the seller is honest, you can entrust the transaction to payfair escrow service."
What the fuck? People aren't buying bitcoins on craigslist. They are bought and sold on exchanges. Isn't this a disingenuous premise?
Date: January 21st, 2018 6:18 PM Author: Brass Dog Poop Keepsake Machete
I wouldn't call it outright disingenuous. Payfair is an escrow service. It really isn't a complex or earth-shattering idea. I think they were using the Bitcoin scenario as a simple example. In the example, you could get a Bitcoin without going through the exchange sign-up process, etc. Theoretically, if Bitcoin or any crypto really took off and people actually used them to buy/sell things, an escrow service would be helpful. It would allow safer transactions in "peer-to-peer" situations. PFR would actually enhance something like Craigslist.