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The cynic in me winces when thinking of the mess all the banks and interested companies would make trying to get together and build a payment standard. Just lo

by tdicola 12y ago

The cynic in me winces when thinking of the mess all the banks and interested companies would make trying to get together and build a payment standard. Just look at the terrible mess of stuff like OFX.

dclusin 12y ago
FIX
- sirn 12y ago
  Ah, a standard protocol where nobody implements the standard in the same way. As someone who has been working with FIX for few months, I could totally feel the pain.
  - dclusin 12y ago
    Don't forget defining your own custom tag for things that already exist in the set of standard tags.
itry 12y ago
Bitcoin might be a way around this. Also it might not be necessary for the involved parties to get together. They could release different protocols. And then the lesser used will be forgotten (like gopher is forgotten today) and the more frequent used will survive (like http has survived). Update: Why the downvotes?
- shitlord 12y ago
  Most people either haven't heard of Bitcoin or regard Bitcoins as "internet fun bux". It's not happening (at least, not in 2014).
- netrikare 12y ago
  Well, the point of those payment systems is to make money out of fees and basically control the whole system. You cannot do that with decentralized payment methods.