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Author Topic: Contribute to Bitcoin Confidence  (Read 11741 times)
Anonymous
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July 13, 2010, 10:00:32 AM
 #21

Elaborating on the last point:

""Pay now!" links to http://127.0.0.1:5678/pay?dest=XYZ&amount=5

This would open up a new website which would contain a form saying "Pay XYZ 5 bitcoins?" with accept and reject buttons. All completely integrated within the website, but connected to the application via the local http server. No need to expose the full JSON-RPC library, either, which could be dangerous."

This could be extended into an internet-public web interface, which you could access from any mobile phone or computer. The public interface would be sandboxed and restricted to a "web wallet", which would only contain those dollars you wanted to be public. This public interface could use dynamic DNS services (so you could have bitcoiner.bitcoinpayment.com which redirects the connection to your node).

Alternatively, you could place a few coins with a third-party in trust, but then you have to trust that they won't steal your coins.

This would be the second step, to allow you to access your wallet from anywhere without having to run a local bitcoin client. The first step mentioned in my previous post is even more important, in that it allows websites to seamlessly accept payment in bitcoin without copy/pasting.

I suggest we raise a bounty to get merchant tools such as this implemented.So who will code it and how much will it take?
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Bitcoiner
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July 13, 2010, 02:58:44 PM
 #22

I don't mind contributing to a bounty, especially to get the local HTTP server implemented (or another mechanism that allows website integration, but I prefer local HTTP server since it does not require plugins nor extensions).

Want to thank me for this post? Donate here! Flip your coins over to: 13Cq8AmdrqewatRxEyU2xNuMvegbaLCvEe  Smiley
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July 14, 2010, 01:45:17 AM
 #23

I'm considering having a go at coding this for the bounty, I'm new to bitcoins and need a bit of initial cash to get me going Smiley

I have no idea what a reasonable bounty is to suggest, so someone else will have to suggest it for me - someone guesstimate how many bitcoins/hour a programmer is worth?
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July 14, 2010, 02:45:14 AM
 #24

I don't have many Bitcoins yet, so it would have to be PayPal for me Wink

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Anonymous
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July 14, 2010, 03:45:00 AM
 #25

I'm considering having a go at coding this for the bounty, I'm new to bitcoins and need a bit of initial cash to get me going Smiley

I have no idea what a reasonable bounty is to suggest, so someone else will have to suggest it for me - someone guesstimate how many bitcoins/hour a programmer is worth?

On odesk they range from $10 to $50 an hour.However it is better to pay for an outcome rather than by the hour.


You first need a general idea how difficult the desired code will be to implement.For non programmers it is a difficult thing to know!

You might be able to use mybitcoin for the online wallet part.You dont have to reinvent the wheel. Smiley
The ability to place a button on your website and specify what parameters it has such as one time payment,subscriptions and different payment amounts is what paypal offers.These buttons usually take you to paypals website where you pay and then are redirected back to the original page after checkout.

I can afford $100 if this gets implemented.









martin
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July 14, 2010, 11:00:10 AM
 #26

You first need a general idea how difficult the desired code will be to implement. For non programmers it is a difficult thing to know

True. I'm thinking my first version will be a java servelet running locally which you'll be redirected to, and it can use the Json-Rpc to send coins fromyour local wallet (assuming you have bitcoin running). That shouldn't be too hard (although I'm no web designer, so it will look ugly until someone writes me some stylesheets Roll Eyes ), maybe a coupla days work to get designed, written and tested. I'm going to go away now and start work on it in fact Grin
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July 15, 2010, 01:10:35 AM
 #27

I started a thread on my progress over here.

To reiterate what I said over there, I have most of the basics done. I now need to make it pretty, make it user friendly, and make the code somewhat neater. Then it's just a matter of packaging it up and finding some websites to start using it!
Anonymous
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July 16, 2010, 03:17:05 AM
 #28

I started a thread on my progress over here.

To reiterate what I said over there, I have most of the basics done. I now need to make it pretty, make it user friendly, and make the code somewhat neater. Then it's just a matter of packaging it up and finding some websites to start using it!

nice work.
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May 21, 2018, 03:30:07 PM
 #29

Some people don't like that fiat currencies allow money to be created out of thin air. Using a commodity based currency like bitcoins shrinks the fiat economy and increases the commodity based economy. There's a growing movement in a the United States centered around ending the Federal Reserve and returning to a commodity based currency.
Noone, or very few people, would trade their convenience and/or risk their money for these ideological reasons.

Some people don't like that all electronic financial transactions have to go through and be approved by a large financial institution. Bitcoin transactions don't go through any financial institution, so there's never a fee and transactions can't be declined.
There's the paypal (or whatever you'll be using to move the money in and out) transaction fee. Paypal must also approve the transaction. If bitcoin started getting known and was used by a lot of people, paypal can and will cause Satoshi legal headaches. He will not be left alone; governments don't like this sort of activity. Paypal (along with moneybookers etc) will be more than happy to provide the government with transaction logs which will end up with Satoshi or anyone utilizing their services in trouble. I can imagine the headlines now:
Inventor of a new money laundering technique used in fraud; purchasing child porn; and funding terrorism arrested.
Thanks to the cooperation of paypal with the FBI, the founders of "Bitcoin" have been brought to justice. Bitcoin is a new money laundering technique which was used by criminals to... etc

Some people don't like that the government can subpoena your complete financial history and companies can review your credit history without your permission. Bitcoins are like cash in that transactions can be made anonymously and thus can't be subpoenaed by the government or reviewed by companies.
Under the current system, with very few brokers who are also using non-anonymous "converters" (methods to convert BTC to cash & vice-versa), transactions are practically known: If I buy $150 worth of BTC from Satoshi today and tommorow someone sells $147 worth, paypal will know (if they want) that I was sending $147 to that person. Granted, technically they can't "prove" it, but they couldn't also prove Al-Capone was the Mafia's head; that didn't stop them from getting him because they knew.

Some people like to earn a little cash on the side with virtually no work required. It's as easy as clicking 'Generate Coins' and opening a PayPal account.
It also costs electricity. Sooner or later it will hit the equilibrium so that it's virtually profitless.

Some people believe bitcoins are a good investment. There are more than a few people interested in using bitcoins and that's all that is needed to guarantee that they will increase in value over time.
That might make some people stash bitcoin, but not use it in transactions. Not good enough.

Some people use bitcoins because they think that they are an interesting experiment and want to see how and by whom bitcoins will be adopted.
And we are trying to make the experiment successful here Smiley. This is impossible without anonymity.

Some people want to organize political resistance without attracting attention.
Some people want to transmit value in trade for drugs and weapons.
Especially those type of people will not be very happy using BTC if the only way to put and pull money from it was paypal!

Maybe it is because they don't know even what is BTC for. All they know is paypal because that is the commonly used by people. Once Bitcoin is being introduced by other especially to those who doesn't know yet BTC is they will surely in love at it because of what it brings to the community and economics. Bitcoin will prosper everyone that is cool and good to know.

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