Bitcoin Forum

Bitcoin => Hardware wallets => Topic started by: cogsmachine on July 19, 2023, 05:07:56 PM



Title: Bitcoin Hard Wallet Point of Sale
Post by: cogsmachine on July 19, 2023, 05:07:56 PM
Do you think the Bitcoin community has any interest in a Bitcoin Hard wallet Point of Sale ?  Operation: The hard wallet stays in a private vault in a secure location and a web based Point of Sale Kiosk presents the QR code total to the customer.    Like Cash sale, no third party.  


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: Obari on July 19, 2023, 06:17:29 PM
Do you think the Bitcoin community has any interest in a Bitcoin Hard wallet Point of Sale ?  Operation: The hard wallet stays in a private vault in a secure location and a web based Point of Sale Kiosk presents the QR code total to the customer.    Like Cash sale, no third party.  
This isn't the right board for this and it will be better you move your thread to the market board do you can possibly get common audience and people with same Interest and do you also I tend selling the vault along with the point or you're selling just the point?


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: stompix on July 19, 2023, 06:27:55 PM
Operation: The hard wallet stays in a private vault in a secure location and a web based Point of Sale Kiosk presents the QR code total to the customer.      

You've just described what every single real seller does, do you imagine they are carrying around PoS with the hardware wallets on it and the private keys there? They just have a listening function that detects the payment from x has been made to the y address displayed and the value matched.

Besides most sellers are interested in swapping directly the coins for $ to not get screwed by the fluctuations in the markets, so they don't touch the coins at all.


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: OmegaStarScream on July 19, 2023, 06:36:01 PM
I personally don't see the point. In addition to what has been mentioned above, There are already existing tools to achieve this. BTCPayServer for example, allows you to import the Master public key or connect your own hardware wallet.


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: Doan9269 on July 19, 2023, 07:34:17 PM
Snipped

First get this straight OP, there's nothing called hard wallet, it is "Hardware Wallet" and that's how it's been called, now back to your question or suggestion as the case may be, sorry that your English isn't well composed such that one can fully comprehend what you're saying exactly, but base on my understanding in this, if you're to buy a hardware wallet, you must be careful of the source from which you're buying from and the kind of hardware wallet you're buying, don't buy from an unknown or unreliable source or retails and don't buy
a "Ledger Hardware Wallet", also don't fill in a KYC information while at the point of purchase, it make no sense.


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: mendace on July 19, 2023, 07:41:07 PM
I was just considering this idea for the last few days and wondered why many hardware wallet merchants never open a physical point of sale?  I understand that there is little clientele to sell to but they could also expand the items for sale or include Bitcoin courses.  All in all, I find it so interesting.


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: un_rank on July 19, 2023, 07:50:35 PM
I was just considering this idea for the last few days and wondered why many hardware wallet merchants never open a physical point of sale?
The demand for a hardware wallet within a certain location is not so high except you are living in a country with a very high adoption rate for bitcoin. An online store which can deliver to different locations is a much better business strategy that running a physical store.

I understand that there is little clientele to sell to but they could also expand the items for sale or include Bitcoin courses.  All in all, I find it so interesting.
That is taken up a whole business plan besides the sale of hardware wallets,

- Jay -


Title: Re: Bitcoin Hard Wallet Point of Sale
Post by: famososMuertos on July 19, 2023, 09:34:32 PM
Go ahead...!  If it works for you, tell us...  :)

First of all, those (You) who set up the "business" do not understand bitcoin, and their "clients" the same.  The idea from how you put it is to maintain the "Bank" concept where the false idea of ​​telling you that money is constant and exists because it is a bank.

I think and I am speculating that you want to base yourself on the idea of ​​trust to give the feeling that "the money is there". Consequently "clients" deposit and then we (business, You) send ($, BTC) to "clients"/fish.