Honestly that's a bit creepy. I've started to play around with Dogecoin and decided to see how I could buy $50 or so worth and was horrified at the answers.
* Make a physical deposit against an account number we give you at a bank branch
* Buy Linden Dollars, swap them for Bitcoin, swap them for Dogecoin
* Give people gift card codes
* Pay random people via PayPal or Google Wallet
The last of those was the least sketchy looking but by and large it creeped me the hell out. The options looked like 50% scamming and 50% money laundering.
Well nobody is going to sign up for you using anything that can chargeback, because they can't get their money back if they give it to you.
And a lot of the intermediary payment services like Dwolla stopped working with btc. So if you want doge, either mine it, get sent it from random strangers, or trade it for btc (which is more readily available through services like coinbase).
How is this any different than sending cash to Paypal which then creates an account you use to buy things on eBay with?
And before you say "more regulation" - Paypal is not a bank and operates as a money transfer service. They can and have frozen people's accounts out before.
The reason the methods are so strange is that most other method allow the buyer to do a chargeback and scam the seller.
* Make a physical deposit against an account number we give you at a bank branch
* Buy Linden Dollars, swap them for Bitcoin, swap them for Dogecoin
* Give people gift card codes
* Pay random people via PayPal or Google Wallet
The last of those was the least sketchy looking but by and large it creeped me the hell out. The options looked like 50% scamming and 50% money laundering.