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Cointagion is the first site I seen that shows how simple it would to buy digital goods with bitcoins. How could this work with physical goods? Would you just
by mpg33 13y ago
Cointagion is the first site I seen that shows how simple it would to buy digital goods with bitcoins. How could this work with physical goods? Would you just have to "tie" a shipping address to a bitcoin transaction?
- drcode 13y agoWere still trying to wrap our heads around the issue of physical shipments in regards to bitcoin purchases ourselves. There is a new "bitcoin payment protocol" for authenticating merchants that is part of the solution and which we discuss in the book... But more and more goods are becoming virtual every day (just consider 3d printing for instance as a way to increase virtualization of products) and this is where bitcoin shines.
- mpg33 13y agoI guess I am thinking about it from the perspective of some company like Amazon adopting it. That would be absolutely massive for bitcoin. I think we are still a long way from being able to "3d print" any product you need.
- maaku 13y agoYou don't have to do anything of the sort. You negotiate for a spending address using the bitcoin payment protocol, in the process giving them your shipping details.