You can’t buy or sell Bitcoin through Nocks any longer
Selling Bitcoin in exchange for euros or dollars, or any other fiat currency can generate a lot of business. Though, it’s not the kind of business we want to generate.
Initially we kept the EUR-BTC pair alongside the EUR-NLG pair, as our users needed Bitcoin from time to time for various reasons. Though the time has come where we’re comfortable with our position outside the standard cryptocurrency realm. So we removed Bitcoin and you can’t purchase it from us any longer. We are cheaper, faster and offer better support than our competitors, but we want more than just a store that sells cryptocurrency. We want greatness. That greatness can not be achieved with Bitcoin’s unreliability and negative connotation dragging us down.
Transparency over anonymity
We’ve worked with Gulden since day one and the days are near where this bright cryptocurrency no longer relies on a Bitcoin trading pair, let alone the anonymous traders and narrow thinking that come with the territory.
The irony is that cryptocurrency’s transparency features are overshadowed by its majority of anonymous users. The thing with Gulden is that there is a unique desire to make a clear distinction between privacy and anonymity. The two are related, but aren’t the same. Privacy is an asset, where anonymity can be a liability. Nocks lets compliance meet the best features of blockchain, something where we feel we can make a huge difference.
Offer people the best way to experience Gulden on a compliance-focussed, reliable and user-friendly platform. Nocks combines the best of both worlds, because the rules within finance aren’t there for show. They combat fraud and criminal activities. We embrace the transparency, speed and open character of blockchain, but shed the anonymity. Simply, to achieve more.
Nocks already offers numerous ways to obtain and use Gulden in a safe and transparent environment. On top of that we’re developing the most reliable B2B -and developer services using Gulden and its blockchain. Developments that will see the light of day within the next two years.
Everything that we do and build at Nocks is to ensure a world where anyone enjoys the benefit of financial innovation — in a compliant & transparent manner.
Identity checks & screens
We stepped up to make sure that Nocks is a safe place for all of our users. This means thorough identity checks, freeze list referencing and much more to ensure a great user-base. Doing this we’ll most likely lose a few users, but you can’t please everyone. We surely don’t want to. We only want to please certain people. People that understand the value of transparency, innovative progress and the people that want to join us on the road to greatness. As the power of any blockchain lies within its peers, the power of Nocks lies within its users. We have a responsibility to our users to continually improve Nocks. That is exactly who we’re working 80 hours a week for.
Attracting the “right” people
Did we really have to remove Bitcoin to offer compliant services? In theory, no. In practice, yes.
Running a proper financial service is all about attracting the right type of people. The truth is that within the Bitcoin space, there are just too many people out to get you. From theft and distrust to fraud and money laundering, but also just the endless depth of bad attitude towards people that want different things from the technology. It wouldn’t surprise us if this blogpost triggers a DDoS or a Tweet frenzy. Bitcoin just isn’t reliable. Not its current state of technology and definitely not its hardcore following.
To Nocks, the idea of blockchain is revolutionary. Depending on your goals, you may have a different outlook on what the technology can or should be used for. For us, the innovation should focus on the people ultimately using it. That is why Gulden is by far the best choice for us as it focuses on usability and develops blockchain innovations such as DELTA and Prime to benefit the end-user. Innovations that the end-user will experience in his or her daily life, but will probably never know about — let alone understand. That’s okay, because at the end of the day it’s all about the user’s experience. Enriching people’s lives. With a seamless integration of the best tools available.
This unique approach and collaboration between Nocks and Gulden is what makes this all work. A way to keep the decentralized integrity of Gulden in tact, giving users the power of blockchain and control over their funds. While being able to fully utilize that power through a reliable and continuously innovative platform.
The revolution is nigh.