So you pay for phone service which you hate and which fills your entire soul with dread?
Prepaid ftw? |
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Every time it vibrates or rings, my whole entire soul fills with dread. I don't even care if it's my girlfriend. The fact that it's so distracting and nagging irks me. My phone sits at the bottom of an unused dresser drawer for a reason.
So, yeah, if you want to know why I am not excited about Bitcoin phone apps, this is why. I am biased. My view doesn't represent the world but it might have a marketshare.
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I thought about it long and hard.
Phones are the solution if people accept them as such.
However, we still need a card. I don't want to see people completely tethered to their phones. The fact is we need terminal software to connect to the Bitcoin network. This will allow for both cards and phones with the same hardware.
When Bitcoin cards begin to be accepted, so will phone payments through RFC.
Both will coexist.
I apologize for any close-mindedness. I am just biased towards phones. They stress me out.
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I see nobody paying with their phone. Zero. Whatever the banks are doing is worth nothing. You people are stuck in a nerdy scifi dream world.
That's because you live in the armpit of assland Texas. Try coming to Asia where we make everything you get 6 years before you get it. I use my phone to pay for everything. Please step aside and let the adults talk. Asia is a different culture. What works for Asians may not always work fully for Americans and other peoples. |
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I've paid for things with my phone, then again it's a bit more advanced than that trinket. Maybe Texas is just too backwards for high technology?
Try again. Austin is second to Silicon Valley in tech. |
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Yes, swiping a card then walking out the door with your items is so primitive.
I rather pay $49.99 for Bitpay's digital wallet with a 5 hour battery life, go through various menus, wait several seconds for the QR code to scan and finalize the transaction.
Oh wait, my battery died. I guess I won't be buying anything today.
Is there a gas leak in here? I swear, you guys are thinking like a failing toy company.
That’s the dumbest thing I have ever heard anyone say in my life. You do realize that all mainstream financial institutions are already heading this direction, don’t you genius? Have you ever considered shitting out of the other side of your body like the rest of the world! I see nobody paying with their phone. Zero. Whatever the banks are doing is worth nothing. You people are stuck in a nerdy scifi dream world. |
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Yes, swiping a card then walking out the door with your items is so primitive.
I rather pay $49.99 for Bitpay's digital wallet with a 5 hour battery life, go through various menus, wait several seconds for the QR code to scan and finalize the transaction.
Oh wait, my battery died. I guess I won't be buying anything today.
Is there a gas leak in here? I swear, you guys are thinking like a failing toy company.
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To those who voted "No," two further questions: 1) The group event that occurred in the scenario (let's call it a "mini-stampede," shall we?); was that event intentionally created by the child? 2) The singular incident that occurred, of the little girl being knocked down and hurt; was that incident brought about as a direct result of the mini-stampede? How about I give the girl who skinned her knee twenty bucks and call it a day? |
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So you don't use credit cards?
Do you really think a business will stay in business if it keeps misusing people's financial information?
The worry is unwarranted and, again, the cards are disposable.
Actually I don't have a credit card. I do use a debit card though and it has the same flaw according to you. What you forget is that credit card companies can restore any funds stolen from me. A stolen bitcoin private key does not have the same problems as a stolen credit card number. I should have realized you were Atlas. Thanks for saving me time, Matt. A stolen Bitcoin private key will result in a very small loss according to my system. You have yet to prove using multiple cards with various amounts will result in a likely chance of significant loss: It won't. I stand by my system completely. Getting ripped off with my system is as likely as your waitress refusing to give you change out of a $50 bill. |
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I respectfully disagree with the OP that bitcoins on some type of a plastic spending card is the future.
Plastic discs for music are not used anymore. Everything is all digital, portable, and has much better utility.
Plastic payment cards for purchases are going to face a similar fate as CDs. I don't think it makes any sense to have bitcoin go backwards in technology.
The future is all digital. Payments Cards, Gift Cards, all that plastic crap in your wallet is about to be replaced with something in digital form, just like the stack of music CDs has been replaced my collections of MP3 files.
Digital Wallets are the future. What we need are simple, elegant, mobile bitcoin wallets. No block chain, no hassle, make it simple and easy. Ditch the plastic cards, that's 1950s technology. Go with the digital wallet, its where bitcoin shines!!!
Yes, let's replace cheap plastic, disposable cards with an expensive device. Let's require all the poor people out there to invest in electronics. |
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This is not convenient. What happens when I want to spend $25? I go to my computer and transfer funds around and then have to wait for 6 confirmations?
You use another card just like how you take another 20 out of your pocket. The cards will be like banknotes but less wasteful. You can rewrite a card with a different key if you want. Giving anyone your private key, even a "trusted" merchant, is incredibly foolish. After swiping your card once, you could never trust it again.
So you don't use credit cards? Do you really think a business will stay in business if it keeps misusing people's financial information? The worry is unwarranted and, again, the cards are disposable. |
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Port Armory to Javascript and I'll donate $100 in Bitcoins.
I don't think "port" is what you want. However, there will eventually be support for a JSON-RPC. You should be able to build whatever you want with javascript once that exists. I don't think you'd want to move something that uses up 4GB of RAM to Javascript-- ever. The client should only have to download the most recent blocks in the chain. This whole issue disappears once that happens. |
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Port Armory to Javascript and I'll donate $100 in Bitcoins.
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The only way to fully secure something like this is to use two keys to sign transactions, and have every card swipe verified and confirmed by phone. But if you are carrying a phone with a Bitcoin app anyway, might as well just use that by itself.
Making Bitcoin work with just a plastic card may be impossible.
The cards can be made disposable. A cash/credit hybrid, if you will. The whole security paradigm disappears once a single card doesn't have to be made fully secure. What I mean is that people won't have to put more than say $20 on a card. You won't have to carry more than you can afford to lose. |
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ordinary people will never understand what is actually going on with private keys and public keys and all that.
just like ordinary people don't understand what goes on with credit cards...
I am glad we agree. I just want to see things as seamless as possible. I just want people to feel like they are handing cash to each other with no hurdles in between. I want the software to completely serve the people. I don't use mtgox but I thought they only require ID on values over 1000 USD or 10000 USD a month???
and this isn't just a mtgox rule its a rule with any exchange that operates legally with AML compliance
A wallet can be made that deals directly and nearly exclusively with the Bitcoin network on the web. Blockchain.info comes close. Yeah, the ID discussion is moot at this point in time. |
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Step 1: Make a Bitcoin web portal that is the easiest way to pay and get paid.
How does money work for most people online?
1. They find an item or service they like.
2. They click purchase.
3. They enter their credit card or Paypal information.
4. The item/service is on its way.
That's it. They don't have to wait for the network to finish downloading the blockchain. They don't have to enter a couple of passwords and validate the purchase an extra time. It just works.
Use an alternative client and you wont have to wait for the blockchain to download. Use an alternative client with the new URI scheme and payment is as easy as clicking a link and hitting send. That is alot easier than credit cards..... Even with the default client and the new URI scheme its as easy as letting the blockchain download, clicking a link and hitting send. It only takes me 2 hours to download the whole blockchain. and it takes like 3 seconds to hit a link and hit send What is so hard about that? Tell this to a person who doesn't even know what a client is. Tell me how that goes. This is about introducing ordinary people to Bitcoin. 1. download and install the client 2. run the client 3. wait for the bar at the bottom to fully load could be a couple hours but it will only take awhile to load your first time 4. load your wallet with some bitcoins 5.click a payment link 6.click send easy enough right? And for people that really have no clue what theyre doing: 1. go to mtgox.com 2. make a account and load it with some money 3. buy bitcoins 4. send your payment to the payment address provided by seller It's easy in theory but ordinary people are still turned off by the current interface. Again, it works like this in theory but the user still can't easily understand the process. Also, Mt. Gox. holds your funds for you. There's no need for that. There's no need to require ID in order to use Bitcoins. |
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Right, the loss would be reduced. It's just something that consumers would need to fully understand.
The loss would be significantly reduced. Don't keep more than $20 on a card and you have little to worry about. Crooks would be out of business since cards would be spent before they could even use stolen private keys. To allow merchants to "pull" funds properly would seem to need a similar banking infrastructure to what is in place now.
It won't. It will only require a modified bitcoin client and a connection to the network. The private keys would load like they normally do. Fees would of course still be involved to facilitate to banks as intermediaries.
There would only be miner fees which are highly competitive. They are dirt cheap at the moment. |
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Step 1: Make a Bitcoin web portal that is the easiest way to pay and get paid.
How does money work for most people online?
1. They find an item or service they like.
2. They click purchase.
3. They enter their credit card or Paypal information.
4. The item/service is on its way.
That's it. They don't have to wait for the network to finish downloading the blockchain. They don't have to enter a couple of passwords and validate the purchase an extra time. It just works.
Use an alternative client and you wont have to wait for the blockchain to download. Use an alternative client with the new URI scheme and payment is as easy as clicking a link and hitting send. That is alot easier than credit cards..... Even with the default client and the new URI scheme its as easy as letting the blockchain download, clicking a link and hitting send. It only takes me 2 hours to download the whole blockchain. and it takes like 3 seconds to hit a link and hit send What is so hard about that? Tell this to a person who doesn't even know what a client is. Tell me how that goes. This is about introducing ordinary people to Bitcoin. |
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