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1  Economy / Securities / Re: OpenBazaar CS:GO Store on: June 16, 2016, 05:27:08 PM
What assurances do investors have that you will pay every month? Do you have any borrower reputation online? If say you sold 30 shares, are you really going to sit down every month and calculate how much each investor gets, and individually contact 30 investors to update them with key purchase and skin price updates? Does investor profit sharing expire after a certain amount of time? If your business plan fails, do you have a backup method for paying back investors, or do their investments go down with the Get-A-Skin ship? Why are you asking for investors on a forum instead of using something like Bitbond?
2  Bitcoin / Development & Technical Discussion / Re: Is there a payment protocol that can include a physical address? on: April 09, 2015, 08:35:49 PM
Thanks all!

domob- yeah, contagion! Their simple process is what got me thinking this way. Their site seems to be down.

hhanh00- Satoshi box, cool! I'm going to try that out.

develCuy- Yeah that may be the best way to do it at the moment.

laurentmt- Yay, BIP70 seems to be what I'm looking for. Wow, hadn't heard of BitId, I like that. I guess I have some reading to do!
3  Bitcoin / Development & Technical Discussion / Is there a payment protocol that can include a physical address? on: April 09, 2015, 06:48:22 AM
I think online shopping is clunky-

  • search for items
  • add wanted items to cart
  • start checkout process
  • create account
  • enter address
  • enter payment info
  • verify order total
  • submit order
  • go play video games

Why do you even need a cart in cyberspace? Why do you need an account for every place you shop? That seems dumb to me, but it's the norm. I think bitcoin can make this process better-

  • search for items
  • look at item you want
  • pay for item with bitcoin QR code
  • go play video games

The merchant could be running some crypto commerce software that is set up for this sort of thing. For each item the buyer wants, the buyer makes a payment. The commerce software would hold off sending a task to the picking/shipping department until a timeout has elapsed. The timeout would be set to an average online shopper's session. In other words, the commerce software wouldn't ship the product until the buyer is done shopping. The items from the buyer's individual purchases would be gathered and shipped in one box, if possible.

Now, this simple shopper process requires some things. If the item is a physical item, you have to let the merchant know your physical shipping address. To tell the vendor this without any extra effort from the buyer, I'm wondering. Is there a bitcoin payment protocol that allows for a physical address to be sent along with the payment?

I think I already know the answer, "no", since some of the really nice BIP payment request protocols I've read about aren't even implemented in many wallets yet. However, I'm wondering if this has been thought of by any bitcoin devs. Future plans, perhaps?
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