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Or you could rip all of this BS out and just integrate with existing, non-decentralized payment processors, and avoid alienating all non-technical users in the

Or you could rip all of this BS out and just integrate with existing, non-decentralized payment processors, and avoid alienating all non-technical users in the process.

antidesitter 8y ago
Do you know why OpenBazaar chose to support cryptocurrency?
- QML 8y ago
  There's a lot of information already here [1], but I might add it'd be easier to create a Bitcoin wallet for each user than to open a PayPal or Stripe account for each. [1] https://openbazaar.org/features/ https://openbazaar.org/features/
  - mkirklions 8y ago
    Im pretty sick of websites asking for my home address, phone number, and (most importantly) my email address. This is easily one of my favorite parts about Bitcoin. Scan the address and you are done.
    - WorldMaker 8y ago
      This is an orthogonal concern. The only one of those necessary for US CC processing is Zip code, and only some of the time, which the CC processor will tell you when and you could handle as call-and-response. The other stuff can also be dropped from most CC-processing stores, they just don't want to because they like having that information just incase they need to ship something, or definitely in case they get marketing ideas to send you.
bufferoverflow 8y ago
Most cryptocurrency is easier to use than a credit card. You scan a QR code and click "confirm" to pay. So that "non-technical" criticism is a red herring.
- TylerE 8y ago
  That's like saying driving a car is simpler than walking because you don't have to put on shoes.
- koube 8y ago
  I disagree with this. The process for 99% of people to use a credit card is "reach in your wallet, hand a card over or type in the number". The process for 99% of people to use crypto is "read on wikipedia on what cryptocurrency is, ask someone how to use it, get a lengthy lecture about how distributed currency is the future", and then they're still not anywhere close to using crypto.
  - mkirklions 8y ago
    I find crypto currency identical in difficulty as using foreign currency. Once you convert Fiat to crypto, its easier to spend than using a debit/credit card. Getting it from Fiat to crypto is the hard part. After that you literally scan a QR code or type in an email. Its my preferred way of paying because I always have my phone but I dont always keep my wallet in my pocket. I dont need to add my address and birth date. I just send money. Also, to clarify, I'm not a fan of alt coins(at the moment) only Bitcoin I believe is useful. Between coinbase Email, Shift card, and the usual on-chain txns, Ive basically made the change to Bitcoin lifestyle.
    - bobthepanda 8y ago
      > I find crypto currency identical in difficulty as using foreign currency. The vast majority of people would find it burdensome to convert their money to another currency, and then use that on a normal basis. Of course if you ignore the hardest part, it's "easy".
      - dolessdrugs 8y ago
        He never said easy, he said as hard, which is true.
    - 8y ago
cjhanks 8y ago
Or, build in integrated `crypto <--> $$` exchange.
- cryptobeanbaby 8y ago
  There's no point in doing that, because if you can do that you can do $$ <--> $$
127 8y ago
Most payment processors are highly mutable by US politics.
- paulddraper 8y ago
  In what way?
  - 127 8y ago
    Julian Assange is one good example. The recent Iranian attempt to withdraw 350 million from a German bank is another.
hardwaresofton 8y ago
So the thing is Bitcoin isn't bullshit. The technology and the papers are solid -- it's the application and the resulting hypetrain and what it spawned that you're railing against (from what I can tell, please let me know if I'm wrong). Bitcoin does not have 0 use cases, it has ~1 that's extremely rare in practice, so much so that it's usually not worth using bitcoin. But it does have a usecase. Something something spherical cows.

Or you could rip all of this BS out and just integrate with existing, non-decentralized payment processors, and avoid alienating all non-technical users in the process.

antidesitter 8y ago

Do you know why OpenBazaar chose to support cryptocurrency?

QML 8y ago
There's a lot of information already here [1], but I might add it'd be easier to create a Bitcoin wallet for each user than to open a PayPal or Stripe account for each. [1] https://openbazaar.org/features/ https://openbazaar.org/features/
- mkirklions 8y ago
  Im pretty sick of websites asking for my home address, phone number, and (most importantly) my email address. This is easily one of my favorite parts about Bitcoin. Scan the address and you are done.
  - WorldMaker 8y ago
    This is an orthogonal concern. The only one of those necessary for US CC processing is Zip code, and only some of the time, which the CC processor will tell you when and you could handle as call-and-response. The other stuff can also be dropped from most CC-processing stores, they just don't want to because they like having that information just incase they need to ship something, or definitely in case they get marketing ideas to send you.

bufferoverflow 8y ago

Most cryptocurrency is easier to use than a credit card. You scan a QR code and click "confirm" to pay. So that "non-technical" criticism is a red herring.

TylerE 8y ago
That's like saying driving a car is simpler than walking because you don't have to put on shoes.
koube 8y ago
I disagree with this. The process for 99% of people to use a credit card is "reach in your wallet, hand a card over or type in the number". The process for 99% of people to use crypto is "read on wikipedia on what cryptocurrency is, ask someone how to use it, get a lengthy lecture about how distributed currency is the future", and then they're still not anywhere close to using crypto.
- mkirklions 8y ago
  I find crypto currency identical in difficulty as using foreign currency. Once you convert Fiat to crypto, its easier to spend than using a debit/credit card. Getting it from Fiat to crypto is the hard part. After that you literally scan a QR code or type in an email. Its my preferred way of paying because I always have my phone but I dont always keep my wallet in my pocket. I dont need to add my address and birth date. I just send money. Also, to clarify, I'm not a fan of alt coins(at the moment) only Bitcoin I believe is useful. Between coinbase Email, Shift card, and the usual on-chain txns, Ive basically made the change to Bitcoin lifestyle.
  - bobthepanda 8y ago
    > I find crypto currency identical in difficulty as using foreign currency. The vast majority of people would find it burdensome to convert their money to another currency, and then use that on a normal basis. Of course if you ignore the hardest part, it's "easy".
    - dolessdrugs 8y ago
      He never said easy, he said as hard, which is true.
  - 8y ago

cjhanks 8y ago

Or, build in integrated `crypto <--> $$` exchange.

cryptobeanbaby 8y ago
There's no point in doing that, because if you can do that you can do $$ <--> $$

127 8y ago

Most payment processors are highly mutable by US politics.

paulddraper 8y ago
In what way?
- 127 8y ago
  Julian Assange is one good example. The recent Iranian attempt to withdraw 350 million from a German bank is another.

hardwaresofton 8y ago

So the thing is Bitcoin isn't bullshit. The technology and the papers are solid -- it's the application and the resulting hypetrain and what it spawned that you're railing against (from what I can tell, please let me know if I'm wrong). Bitcoin does not have 0 use cases, it has ~1 that's extremely rare in practice, so much so that it's usually not worth using bitcoin. But it does have a usecase. Something something spherical cows.