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Title: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: lebing on April 29, 2013, 06:13:54 AM http://techcrunch.com/2013/04/28/pay-with-bits-wants-to-be-the-square-for-bitcoin/?utm_source=dlvr.it&utm_medium=twitter
Just saying they want to be square is massively downplaying the significance of this announcement. They just enabled anyone with any kind of phone to be able to send payments between themselves. All of a sudden, it's entirely possible for Africa & other developing nations to start using the technology. This is fantastic news. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: hathmill on April 29, 2013, 11:55:16 AM Wow, thats huge.
EDIT: I saw this documentary about this guys traveling the tea road inn tibet. No people, noo cars for miles n miles. But... The guy had an ooold phone that could send sms. And now he can transact with bitcoins?! That is crazy. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: lebing on April 29, 2013, 01:29:05 PM Wow, thats huge. EDIT: I saw this documentary about this guys traveling the tea road inn tibet. No people, noo cars for miles n miles. But... The guy had an ooold phone that could send sms. And now he can transact with bitcoins?! That is crazy. Yeah exactly. The single largest hurdle between bitcoin and the developing world is now gone. I'm so psyched. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: caveden on April 29, 2013, 02:22:15 PM Isn't that what Coinapult SMS wallet (http://coinapult.com/sms-wallet) does?
Perhaps the greatest advantage is that they already have it working outside of USA and Canada? (Because, let's be honest, how many people need a SMS wallet in USA and Canada?) Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: lebing on April 29, 2013, 04:26:12 PM Isn't that what Coinapult SMS wallet (http://coinapult.com/sms-wallet) does? Perhaps the greatest advantage is that they already have it working outside of USA and Canada? (Because, let's be honest, how many people need a SMS wallet in USA and Canada?) It seems the functionality might be there, yeah. But as you say, there is no reason to send it this way in CA or the US. Where this matters is internationally. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: n8rwJeTt8TrrLKPa55eU on April 29, 2013, 04:32:30 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement.
Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: DataPlumber on April 29, 2013, 04:39:58 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement. I created something similar: https://phoneacoin.com/ (https://phoneacoin.com/)Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... But clearly, these people have got better press contacts. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: lebing on April 29, 2013, 04:45:47 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement. I created something similar: https://phoneacoin.com/ (https://phoneacoin.com/)Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... But clearly, these people have got better press contacts. This seems US only though, correct? Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: World on April 29, 2013, 04:52:11 PM Anyone else actually trying it? Please comment... Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: DataPlumber on April 29, 2013, 04:59:32 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement. I created something similar: https://phoneacoin.com/ (https://phoneacoin.com/)Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... But clearly, these people have got better press contacts. This seems US only though, correct? (And yes, I'm kidding about that last point.) Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: just1nmc on April 29, 2013, 05:13:40 PM Based on this reddit thread:
http://www.reddit.com/r/Bitcoin/comments/1danou/pay_with_bits_wants_to_be_the_square_for_bitcoin/ (http://www.reddit.com/r/Bitcoin/comments/1danou/pay_with_bits_wants_to_be_the_square_for_bitcoin/) They still have a lot of work to do before it's ready. For example, they haven't added in a feature to remove the bitcoins from your account. So I'm not sure we can say very much based on what is currently released. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: lebing on April 29, 2013, 05:16:53 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement. I created something similar: https://phoneacoin.com/ (https://phoneacoin.com/)Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... But clearly, these people have got better press contacts. This seems US only though, correct? (And yes, I'm kidding about that last point.) It looks like a good service, but including at the least local numbers for confirmation/ management would be ideal. Title: Re: 2013-04-29 Techcrunch - Paywithbits wants to be the square for Bitcoin Post by: DataPlumber on April 29, 2013, 05:52:09 PM I had friends just try this from phones in USA and in South America. The USA one got a signup confirmation, but in South America the signup text gets no acknowledgement. I created something similar: https://phoneacoin.com/ (https://phoneacoin.com/)Also seemingly unspecified is a fairly key feature, i.e. how one adds or withdraws BTC from/to outside wallets. No instructions for that on website or in signup confirmation. So right now the whole thing seems like an SMS autoresponder and not much else. Nevertheless would be an important service if they can get it working. Anyone else actually trying it? Please comment... But clearly, these people have got better press contacts. This seems US only though, correct? (And yes, I'm kidding about that last point.) It looks like a good service, but including at the least local numbers for confirmation/ management would be ideal. |