Isn't one of the main reasons for using a crypto currency rather than a fiat currency the fact that a crypto currency spend, purchase, donation, whatever cannot be reversed while fiat currencies and gateways like credit cards and paypal can all be reversed at the whim of the spender?
So somehow your fiat currency gateway will have to provide some sort of irreversible spend, and that might be complicated by rules and regulations of the fiat currency provider.
I hope you can find a way to set up a fiat currency gateway. I would be tempted to use it.
Like a bank wire?
I'm probably mistaken, but I am under the impression that in some cases bank wires can be reversed. I'm certainly not well versed in what transactions can or cannot be reversed. And, what's worse, I would be interested in buying so little steem at a time that the cost of the wire transfer would exceed the cost of the steem -- a real disincentive.
I guess not a bank wire, bank deposit, take your cash and deposit in their account at their bank... no reversing that
I think you are mistaken. They can't be reversed. What is called reversal is not actual reversal which is described in my other response.
Fiat currency gateways already exist for bitcoins. There are usually terms and conditions that prevent them being reversed. It (reversal) is not something that the end user can do anyway - it has to be done through the bank. Further when you reverse a transaction through your credit card company or bank that is not AN actual reversal of the transaction. The credit card company pays you back and then tries to recover funds from the recipient. It is not a true reversal. I don't think this is a problem for a fiat gateway - regulatory/legal issues are the real problem.