₦airaland Forum

However, after a few fines, corporations usually cave to governments, even those of relatively small countries.

Yep, fines are much more effective and much more used tool than threats of blocking or something like that.

Ironically, I think that nowadays, using e-money apps is more of a hassle than using cards. E-money companies have been quite paranoid recently.

Are you talking about replenishment via cards? Is it really that big of an investment?

Yep. That’s actually a nice bonus that you’ll notice.

It does not only feel great, it is actually a noticeable reduction in expenses. However, I didn’t really get the idea of a deposit bonus - it is way too small, in my opinion.

I would overdramatize this factor. 99.99% of crypto users don’t really bother with protecting their privacy anyway, so KYC doesn’t help much.

Crypto lending platforms don’t touch fiat with a ten-foot pole. I think that it is virtually impossible to get the appropriate licences for fiat loan services if you work with crypto. At least in most jurisdictions.

I agree, this addition was a surprising one for me, even though it seems quite logical now. But it is a pleasant surprise for sure.

I don’t think that’s the reason behind regulatory pressure. More global issues like control over finances have much more weight, in my opinion.

This is a very complicated question. On the one hand, some level of control is necessary to prevent outright fraud. On the other hand, control and regulations inevitably lead to corruption.

That’s not the main thing. The main thing is that quppy actually works within regulations and doesn’t engage in shady business. At least, I haven’t seen any accusations, let alone evidence.

Yep. If they really wanted a huge influx of users, they would make much more fuss out of their Christmas promo, for example.

Probably. quppy is one of the rare companies that don’t pay too much attention to trends and advertising, focusing on developments.

While I’m not at all pessimistic, I would be more careful with my expectations. Every crisis is unique in its causes and concequenses.

Yeah, their decision to add not only TRX, but also USDT TRC20 was really smart - it was rather easy for them to do and shows great prospects on the modern crypto market.

Politicians still have a hard time understanding what Bitcoin is. It will take years until they catch up with DeFi.

Yep, increased demand, increased regulators’ attention, and a lot of political issues. The coming months will be hot, but I doubt that it will be a good thing.

Malorn:
The most interesting part, in my opinion, is that they didn’t announce the card release. Basically, they do more than they promise.

well, it is a good way to both differentiate themselves from other companies and make us like them

Malorn:
Well, I’ve got great news for you - https://www.facebook.com/quppyPay/posts/2896882690621816

I wouldn’t say that is great news, it’s only good news. After all, we didn’t get plastic cards, only virtual ones.

Besides, I don't think that it is that expensive and time consuming to produce some stickers.

Hm,,, They really do like nice and cute, thanks!

Explanations help us to evaluate the future of the project. If we understand how it is managed, we know what to expect from it. In terms of longevity first of all.

I think that even they did not expect that SWIFT would be added so soon and smoothly, so they just didn’t have time for proper marketing.

If you have your own house and the dog lives in the yard - no problem, just ask your neighbor to sometimes give the dog water and food. If in an apartment, then this is a problem. You can ask to hold the dog from a neighbor, or give it to a dog shelter for a while.

But USD support is too big to not advertise, imo.

Yep. But it is strange that they did not try to hype it up beforehand.

To be fair, the “ideology part” of crypto sounds nice, but it is so incredibly naive...

There are not a lot of people that are true believers in crypto. Most don’t care about decentralization and stuff, they only care about their profit.

Nobody sacrifices principles. Users need a service that solves their problems. If the use of the service creates new problems, for example, with the government, then why is it needed?

Ideas are good, but you still need to be realistic - "playing by the rules" is necessary for survival.

I’m much more optimistic regarding crypto prospects.