Is the inability to be charged a problem?

[Elwar]

Well to solve this, people will have to stop thinking about how to replicate payment functions that were designed around the existing system. There are probably better ways to address this than a pull transaction.

Yes, like how it is already being done for Lyft.

[ABitNut]

Well to solve this, people will have to stop thinking about how to replicate payment functions that were designed around the existing system. There are probably better ways to address this than a pull transaction.

Yes, like how it is already being done for Lyft.

I think replicating existing payment functions is more feasible than changing the way people do things. Especially on the short term. People resist change.

[EternalWingsofGod]

I think a form of escrowed transaction that has a delay would work in this system
A form of Ntimelock
https://bitcointalk.org/index.php?topic=131443.0

[Ron~Popeil]

Well to solve this, people will have to stop thinking about how to replicate payment functions that were designed around the existing system. There are probably better ways to address this than a pull transaction.

Yes, like how it is already being done for Lyft.

I think replicating existing payment functions is more feasible than changing the way people do things. Especially on the short term. People resist change.

In the short term absolutely. Hopefully as people get used to it the system can be streamlined to operate more efficiently.

[Ratters]

I pondered this in this thread:

https://bitcointalk.org/index.php?topic=622253.msg6895575#msg6895575

The system i was thinking about was a simple pull with 2factor auth.

Take a festival or holiday resort for instance,

Client arrives and charges up a QR wristband with BTC, pays for food/goods by showing QR to the merchant. Confirms the price of the goods and enters password/pin into the merchants scanner. goods paid/done.

It alleviates the need to carry cash, cards or phone & with the 2factor auth its as safe as using a CC.

[Ron~Popeil]

I pondered this in this thread:

https://bitcointalk.org/index.php?topic=622253.msg6895575#msg6895575

The system i was thinking about was a simple pull with 2factor auth.

Take a festival or holiday resort for instance,

Client arrives and charges up a QR wristband with BTC, pays for food/goods by showing QR to the merchant. Confirms the price of the goods and enters password/pin into the merchants scanner. goods paid/done.

It alleviates the need to carry cash, cards or phone & with the 2factor auth its as safe as using a CC.

That could work very well for night clubs etc. as well. When you order drinks they simply scan your qr bracelet.

[Ratters]

I pondered this in this thread:

https://bitcointalk.org/index.php?topic=622253.msg6895575#msg6895575

The system i was thinking about was a simple pull with 2factor auth.

Take a festival or holiday resort for instance,

Client arrives and charges up a QR wristband with BTC, pays for food/goods by showing QR to the merchant. Confirms the price of the goods and enters password/pin into the merchants scanner. goods paid/done.

It alleviates the need to carry cash, cards or phone & with the 2factor auth its as safe as using a CC.

That could work very well for night clubs etc. as well. When you order drinks they simply scan your qr bracelet.

For these scenarios this system would be ideal, low value/high frequency transactions.