Nanocents is a billing service. I ran into the problem of taking up front money when I tried to get my Stripe account activated - taking credit cards - and changed how it operates. The new model is like an electric utility - you set up an account, then you use what you want and at some point you are billed for what you have used. In that sense, a nanocent is simply a measure of usage, similar to a kilowatt hour. There is no “holding of funds” and as far as I can tell, Nanocents is not an MSB unless PG&E (to use a well known power utility) is also an MSB. Or gas stations would also have to be MSB’s? I recognize this may not be correct, but at least it narrows the question down. If Nanocent is an MSB why isn’t PG&E?
The issue that may be fuzzy is that I then pay websites- those who accept nanocents. But that part seems to me a billing service. Lots of places hire billing services. Etc.
The video was very targeted to businesses who want to use the nanocent billing service as opposed to users who are paying. It shows users buying a membership card, and they using “paying with nanocents” but the “paying” is not really paying - it is a user adding things which they agree to be billed.
I recognize that I am not authoritative on all this (and anyone listening in should take that into account).
I will do a user oriented video demo.
Thanks for the reply. Happy to have the discussion here, but I would also appreciate a chance to talk this through on the phone if you are interested.