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Author Topic: Large Roadblock to Bitcoin being accepted by Large companies  (Read 3568 times)
Herodes
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May 19, 2011, 09:10:26 AM
 #21

There probably should be an enterprise client, or rather an enterprise system for handling bitcoins. Every large transaction would need to be approved by upper management.
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jkminkov
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May 19, 2011, 10:13:24 AM
 #22

There probably should be an enterprise client, or rather an enterprise system for handling bitcoins. Every large transaction would need to be approved by upper management.

it's open source, just find programmers and they could code whatever management you like...

at the moment make separate wallets for every dealer you have

Bleutrade
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Mike Hearn
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May 19, 2011, 08:14:15 PM
 #23

It's possible to create transactions that require signatures from several different people to spend. With some extra coding work, you could set up Bitcoin to keep (say) 500 BTC liquid and spendable by anyone, the rest would be automatically locked such that signatures from 3 different people were required to spend it.

That feature isn't available today, but it might help in future.
conormartinez
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May 19, 2011, 08:21:26 PM
 #24

There should be a program written that allows you to manage  Bitcoins securely. maybe even get them on flashdrives for small wallet like stuff. there should be a way for bigger companies to manage their  bitcoins but it should not be centralized like a bank.  The whole idea of  bitcoins is a decentralized unmonitored system. If  bitcoins, or private organizations started banks, then we would have similar problems to the current Monetary Economies. Not to mention if someone cracks  Bitcoin or a 3rd party company for banking. then there go your Bitcoins. I think a program should be written to have o n your private computer that cannot be accessed through a 3rd party source. like a safe?
samadamsbeer
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May 21, 2011, 12:47:52 PM
 #25

It's possible to create transactions that require signatures from several different people to spend. With some extra coding work, you could set up Bitcoin to keep (say) 500 BTC liquid and spendable by anyone, the rest would be automatically locked such that signatures from 3 different people were required to spend it.

That feature isn't available today, but it might help in future.

Just thinking out loud, and I am no programmer, nor do I own such a biz, but it would be nice if a hypothetical BTC Enterprise client allowed you to store your BTC's P2P under conditions set when you store them. So if I had a business with some incoming BTC, I could set that I want to store them (or at least catalogue the freezing on spending the designated BTCs) in the P2P cloud (which perhaps is perhaps comprised of all the other Enterprise clients) and only be allowed access (or the ability to spend the designated BTCs) should certain conditions be met (perhaps 3+ of some set of designated clients, confirming). Obviously there could be other conditions set. This would lessen the need for BTC banks. I wonder if you could also in this way make time based deposits, so one condition being your deposit could be lent out to the market, for a fee, and you could not withdraw/spend until a certain date. Anyway my $0.02, er 0.02BTC.
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May 21, 2011, 07:16:03 PM
 #26

Most of the issues surrounding using Bitcoin also apply to cash handling, and I expect the solutions are going to be similar.

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