I like you.  Carry on.

Top comment: "Change your Facebook profile picture to bitcoin and join the revolution."

No, thank you.  Thank you, no.

This is the kinda useless bullshit that I hate.

Everyone loves joining in on a hate fest.  It says more about people than Uber, I think.

If you don't need the money, keep it and do your best to increase adoption!

I completely agree.  An industry is being changed massively, it'd be crazy if it didn't go down without a fight.

Awesome story, happy for you!

I was a little confused by the question about bitcoin exchanges exposing transaction records, but I assume you mean transactions from fiat to and from bitcoin, not bitcoin wallet to bitcoin wallet (since the blockchain does that automatically).

Seems like a decent idea - I'd definitely use it if I had a chance.  One trouble with using the existing coinstar network is I'm not sure if they're internet connected - anyone know the answer to this one?


I think CincyFan was saying that consumers will be too paranoid about volatility to put their money into bitcoin.  Not a coinbase etc. side issue.

Ooh, brainstorm.  Why bother scanning everything individually?  Give every product an RFID tag, shop by putting things directly into your bag and then have "scan out" stations.  These stations would be just putting all your stuff down, it checking what RFIDs were in the scanning area and you tapping your phone for the crypto payment.  On exit you'd pass through detectors like most stores have now that would detect RFIDs that haven't been paid for.

Also, the short lag between scanning, tapping, and blockchain verification would be perfect for completing a small in-store survey at the scan station.

No.  We are communicating through text.  Terminology is all we have to ensure clear communication.  We cannot infer what you mean if you use the wrong words.

It's like saying "I want to give this motorcycle 4WD" when you mean "I want to give this motorcycle off-road abilities".  One is confusing, one makes sense.

Correct me if I'm wrong, but if you're on an alternative blockchain, you are separate from bitcoin and bitcoiners (seriously, I'm new to some of this, is this true?).

I like you, you have spunk.  You walk into a community, use the wrong terminology and then tell the community that THEY are wrong.

Takes balls.

A "bitcoin 2.0" decentralized asset exchange only makes sense if you somehow put the assets on the blockchain.  I think.

Two things:

Wouldn't every single item in the store need to be connected to the internet to verify the transaction?  I know internet of things is getting popular, but that would be one hell of a cost.  The follow-up thought I have is well, instead of attaching the internet to the device, put it in a container that only opens once the transaction goes through.  And then I realize that I've brainstormed up a vending machine.  So my question is: how come vending machines aren't used for more items?  The interaction is essentially the same to what you're describing: you walk in, interact with a thing, receive product, and walk off.

Second thing: you wouldn't be able to get rid of cash registers until the vast majority of customers were using bitcoin.  Yes, the cost of the system might be offset by not needing cashiers/cash registers, but it wouldn't offset the cost of losing 95% (on the low end) of your customers.

tl;dr Many negative things.  Sorry

Wow.  That's an excellent use of bitcoin, those currency exchange places can be really scammy.  I remember I was in the Dominican Republic and everyone was trying to get me to go their recommended currency exchange places - they had deals with them where they got a cut for every tourist they brought in.

As long as things don't full NCIS style "He's using the Bitcoins to hack into this dishwasher!"

Actually...I'd watch that.