Bitcoin Forum
April 16, 2014, 04:12:22 AM *
News: ♦♦ A bug in OpenSSL, used by Bitcoin-Qt/Bitcoin Core, could allow your bitcoins to be stolen. Immediately updating Bitcoin Core to 0.9.1 is required in some cases, especially if you're using 0.9.0. Download. More info.
The same bug also affected the forum. Changing your forum password is recommended.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: bitcoins in physical stores  (Read 1069 times)
grondilu
Hero Member
*****
Offline Offline

Activity: 1134


View Profile

Ignore
December 03, 2010, 06:01:00 PM
 #1


There are many ways bitcoin could be used in physical stores.

Some guys here are planning on creating printed bitcoins, using QR code or stuffs like that.

An other possibility would be to do everything wia wifi, for instance using smartphones running a full bitcoin client, or using a web interface such as mybitcoin.com.

I personnaly think the best would be if each store could act as a bitcoin bank.  Basically you would have a bitcoin account in the shop, and you'll use with conventionnal banking-like transaction for every day purchases.  You would only transfer bitcoin something like say one in a month, just to fill up your account.   Such accounts could also use David Chaum's digital cash, so that stores could act like private money issuers.

I don't think bitcoin will put a end to banking system.  On the contrary, it will democratize it.
BitcoinBULLBEARGET THE UNBEATABLE
BITCOIN TRADING FORECAST

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1397621542
Hero Member
*
Offline Offline

Posts: 1397621542

View Profile Personal Message (Offline)

Ignore
1397621542
Reply with quote  #2

1397621542
Report to moderator
1397621542
Hero Member
*
Offline Offline

Posts: 1397621542

View Profile Personal Message (Offline)

Ignore
1397621542
Reply with quote  #2

1397621542
Report to moderator
1397621542
Hero Member
*
Offline Offline

Posts: 1397621542

View Profile Personal Message (Offline)

Ignore
1397621542
Reply with quote  #2

1397621542
Report to moderator
1397621542
Hero Member
*
Offline Offline

Posts: 1397621542

View Profile Personal Message (Offline)

Ignore
1397621542
Reply with quote  #2

1397621542
Report to moderator
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
December 03, 2010, 06:07:57 PM
 #2

I am already calling mtgox and mybitcoin banks.

FatherMcGruder
Sr. Member
****
Offline Offline

Activity: 322



View Profile WWW

Ignore
December 03, 2010, 06:20:18 PM
 #3

I like the idea of having a bitcoin card. It would interface with an online bitcoin account and one would use it as a gift card. One could deposit or withdraw bitcoins from the account wherever he had internet access. The cards would bare a bar code, QR code, and/or magnetic strip that would have the necessary info for the merchant to withdraw funds. One would have to treat the card like cash, but if it ever got compromised, the user would have a chance to withdraw his funds before anyone else. The account would keep a record of transactions so one could catch malicious merchants trying to conduct unauthorized withdrawals. One could also link the card to his smartphone's location thereby preventing the card's use if it became separated from the smartphone.

Just ideas.

Use my Trade Hill referral code: TH-R11519

Check out bitcoinity.org and Ripple.

Shameless display of my bitcoin address:
1Hio4bqPUZnhr2SWi4WgsnVU1ph3EkusvH
jgarzik
Staff
Hero Member
*****
Offline Offline

Activity: 1246


View Profile

Ignore
December 03, 2010, 06:26:02 PM
 #4

I personnaly think the best would be if each store could act as a bitcoin bank.  Basically you would have a bitcoin account in the shop, and you'll use with conventionnal banking-like transaction for every day purchases.  You would only transfer bitcoin something like say one in a month, just to fill up your account.   Such accounts could also use David Chaum's digital cash, so that stores could act like private money issuers.

Most stores offer some sort of gift certificate, gift card or store credit.  You just need to convince the store to accept bitcoins for store credit.  Smiley

Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!