RE: Can You Build An Online Business Using Only HBD?

I wonder if the trick would be to create a payment system that uses HBD, but the client doesn't really have to understand Hive, or HP or whatever. They log into a site that loads their wallet, only showing HBD and their transactions with it. From their perspective it is just HBD. However, they obviously need to have a Hive account, so the payment system helps them create it in the background.

Basically an HBD only front end for Hive. Of course somewhere in this system the user can go down the rabbit hole if they like "hey, by the way HBD user - did you know that there is this thing called Hive? Want to learn more?"

Now this problem is, and will always be, that users will still be responsible for safeguarding their own keys. This is always the tricky part. How do you make an average Joe understand that if they lose their 'password' there is literally nothing we (the developer of said HBD service) can do about it. This is a sticky problem with crypto in general. Even when people use hardware wallets, many still don't understand that if the device breaks and they have lost their keys, well, they are screwed.

One of the problems (centralization) crypto was designed to solve actually has this huge downside for many people who just can't be trusted with custody of their own tokens... but I digress!