mhluongo

60 ms·

661.
by mhluongo 13y ago
We do not trade on any reserves from customers like that. We're not the Gox of gift cards.
662.
by mhluongo 13y ago
... but that's the secret sauce! The short answer is a combination of all those things, plus some help from our partners. The economics is also pretty interesting. Happy to go into more detail over email :)
663.
by mhluongo 13y ago
Ha, we tweaked it a bit since last time you guys saw it, but not much.
664.
by mhluongo 13y ago
Definitely. We're still figuring out how to address the smaller shops, since they have a variety of payment systems.
665.
by mhluongo 13y ago
To be clear, you don't have to wait 10 minutes- we've just had issues with the websocket stuff. Refreshing the page works if that doesn't. Unless something broke, you can pay and get a card in under 3 minutes.
666.
by mhluongo 13y ago
Hey! Are you in the Atlanta office?
667.
by mhluongo 13y ago
If by "heavily" you mean "bought a tiny bit after the January crash" then.. yes! People should be able to spend their money however they want. That's what we're excited about.
668.
by mhluongo 13y ago
Yes. Many, many plans.
669.
by mhluongo 13y ago
Right now? Us.
670.
by mhluongo 13y ago
Interesting idea! We've got some clever stuff going on, but we definitely aren't taking advantage of geographic differences or the rewards program.
671.
by mhluongo 13y ago
We aren't. EDIT: details Every users gets their own card to prevent tampering and crazy double-spend stuff.
672.
by mhluongo 13y ago
Haha, thanks! @chris-martin was like "I don't know images!" but then immediately took care of it.
673.
by mhluongo 13y ago
We use the current Coinbase exchange rate. No margin on the exchange. We're trying to keep it simple / focused on newer bitcoin users, but I can definitely flesh out the FAQ. The refund math is also in the user's favor- more
674.
by mhluongo 13y ago
Citation? I'm very interested in that.
675.
by mhluongo 13y ago
I've got a firm working on the issue right now. We're seeking clarification from FinCen and keeping that side closed until we know their stance.
676.
by mhluongo 13y ago
Mostly, I'm worried about trust. The thought was people might be worried that they paid their BTC for nothing. I'll chat with the guys about this, we definitely need to look into a better time solution. The other thing is- gift ca
677.
by mhluongo 13y ago
LOL. I'm not a Starbucks drinker either- I love the imagery. I definitely want to work with indie shops. It's a numbers game, though- I'll need shops that are interested to step forward and put in some extra effort for this
678.
by mhluongo 13y ago
How long would work, you think? I think today people are loading the BTC at the office, but I'm not sure that'll be the most common case. Maybe a "more time" button would help?
679.
by mhluongo 13y ago
Haha sorry that landing page was a little hasty. Optimizing.
680.
by mhluongo 13y ago
Sorry for the trouble, and thanks for sticking with it!
681.
by mhluongo 13y ago
I'm travelling in Boston right now- it's all these people drink! Definitely on the list :)
682.
by mhluongo 13y ago
Thanks! Those are both wrong. The barcode expires in 25 minutes, but you can hit "I'm done" for a quick refund. I'll fix that.
683.
by mhluongo 13y ago
If so, I'd love to hear about it.
684.
by mhluongo 13y ago
Yes we can- and we are. We started with Starbucks for a number of reasons, but I can't wait to get Peets in there. Hell, I'd really love to get some good indie shops- but we've gotta start somewhere.
685.
by mhluongo 13y ago
Hey guys! You might remember our last app, Card for Coin, where we were buying Starbucks for bitcoin. Well, here's the other side- we're looking forward to your feedback. The websocket stuff is a little touch and go, so please let
686.
by mhluongo 13y ago
This time, I definitely consulted a lawyer.
687.
Show HN: 10% off at Starbucks when you buy with Bitcoin(coinforcoffee.com)
169 points by mhluongo 13y ago|124 comments
688.
by mhluongo 13y ago
And now we know that cash infusion Blue Bottle got is being put to good use.
689.
by mhluongo 13y ago
Yeah you know it's a problem for me :P
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by mhluongo 13y ago
Lol. I work there. They are, in fact, going floor by floor. The finished floors are really nice. We've moved floors twice since I started in August, but are finally settled in in a corner office, and it's great. The first floor is

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