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RE: Universal Basic Unit - A South African blockchain project for universal benefit?

in #crypto • 6 years ago

I started getting excited at the concept of selling my products and books through a universal cryptocurrency. Then I read all the comments and now I am hesitant. lol. I will research this more a bit myself. Thanks for the info though.

6 years ago in #crypto by
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     6 years ago  

    @shadowolfdg

    I don't think you should discount it all together - this is only one UBI token as I said in my post and in my comment to @joanstewart, my question is about the principle and the goal in the South African context. Her comment articulates, far better than I - because it's her business - the challenges associated with adoption to achieve the UBU goal, and not, I reiterate, the principle.

    So don't chuck the proverbial baby out with the bathwater.

    Thanks for stopping by!

    Fiona

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       6 years ago  

      Any site using eCommerce software PayFast - https://www.payfast.co.za/payment-methods/ can accept Bitcoin @shadowolfdg

      One tried and tested is TakeALot, you could sell off of their platform https://www.takealot.com/books/ebooks

      All cryptocurrencies are able to be exchanged from token/coin into/from bitcoin on exchanges, if it cannot convert to either bitcoin (BTC) or etherium (ETH) do not invest.

      Luno is the exchange I use and both BTC and ETH are able to be traded.

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