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RE: MoneyStreem - Idea For A Remittance/Money Sending App on the Steem Blockhain
I think it's a good idea. I can see an app using SBD instead of Fiat. The problem is converting it back to Dollars or loading it. It works for people earning from Steemit. But the goal seems to be to get new people in.
So there needs to be a way to convert fiat to SBD quickly and easily and if possible with little to no cost for it to take off and all behind the scenes rather the hoops we now have to jump through like exchanges etc...
Then when people are using it you let them know they can earn SBD on Steemit. They come fro free or low cost transfers and which is a gateway to using Steemit.
Yes the ideal thing would be if we could get a service like Bittylicious (in the UK) which can do the conversions to provide it. The problem is that there is no single company that does it internationally due to the variety of laws and AML legislation. Given how Bitcoin is exploding right now it is only a matter of time before someone comes up with a solution to that issue.