I can get all the resources to build the system A-Z, but still for it to be a legitimate company it has to be registered, and afaik in most of countries you have to deposit 100K euros or equivalent to take the license (which without no bank will partner up with you) .I think you're right...
And this is why we think out loud. The obvious isn't always obvious.
We need "BitPay of DASH" as a much broader concept, first.
I'm not sure how the community can support it tho. Should this be a DASH service itself? Will DASHers be mad to spend money into a project that is more traditionally a privatized service?
The obnoxious legalities of it seem like it would be stupid not to privatize it...
apart from the deposit, the company will need a reserve to pay out the merchants (if it is supposed to be in real time like using paypal/instant SEPA transferes and so on)
and converting dash to cash through exchanges would be expensive and time consuming.
Solution for that would be (more cash) to own a chain of dash ATMs where people can buy dash (and sell?) which on it's own will make a big change in money transfer around the world (or whatever countries have those ATMs)
If anyone is up for that i can handle all the technical aspects of the project
and whenever it is a registered company ... "privatized" can be through market shares as well, dividing the income on the investors