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Author Topic: How to deal with DDOF attacks on bitcoin.  (Read 10587 times)
The Madhatter
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August 31, 2010, 03:57:54 AM
 #21

I think that payment methods on the markets should be negotiated by the buyer and seller directly.

Payment providers vary a lot between countries, continents, and even languages. Having the market railroad everyone into using the payment methods they prefer is wrong. I mean, how exactly is that a free market?
FreeMoney
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August 31, 2010, 05:12:35 AM
 #22

I think that payment methods on the markets should be negotiated by the buyer and seller directly.

Payment providers vary a lot between countries, continents, and even languages. Having the market railroad everyone into using the payment methods they prefer is wrong. I mean, how exactly is that a free market?


Uh, you are already free to arrange whatever you want with whomever is willing. The fact that a site doesn't accept every form of payment, or even any form is not wrong.

The free market means that you are free to NOT associate with anyone you don't want to, not that site X has to facilitate your dealings no matter what. If you think there is some demand for a site that allows any type of payment then go for it. I can't even imagine what that would look like though.

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Anonymous
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August 31, 2010, 05:23:26 AM
 #23

I just encountered http://propay.com.  It seems interesting


Have you read their terms of use?
http://propay.com/legal-agreements/high-risk-acceptable-use-policy/


Anonymous
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August 31, 2010, 05:48:57 AM
 #24

I think that payment methods on the markets should be negotiated by the buyer and seller directly.

Payment providers vary a lot between countries, continents, and even languages. Having the market railroad everyone into using the payment methods they prefer is wrong. I mean, how exactly is that a free market?


I am in favor of such a system.The more options available the better but some people like the easy option ie paypal but it sucks that the actions of a few bad eggs can mean your site gets put out of business. I think some kind of wiki or comparison engine for online payments might help and people could then roll their own payment method. Their are sites that do this for almost every other industry where the choice is confusing such as mobile phone plans so why not for the online payment industry?



mizerydearia
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August 31, 2010, 08:45:10 AM
 #25

I am in favor of such a system.The more options available the better but some people like the easy option ie paypal but it sucks that the actions of a few bad eggs can mean your site gets put out of business. I think some kind of wiki or comparison engine for online payments might help and people could then roll their own payment method. Their are sites that do this for almost every other industry where the choice is confusing such as mobile phone plans so why not for the online payment industry?

There is http://en.wikipedia.org/wiki/List_of_on-line_payment_service_providers

Since it's a wiki, why not create http://en.wikipedia.org/wiki/Comparison_of_on-line_payment_service_providers and follow similar structure of most other comparison pages at the site?

There are some nonwiki sites that provide comparison information already also:
http://www.paymentvision.com/Resource-Center/Payment-Services-Comparison.aspx
http://www.paymentgatewaydirectory.com/home.php
GoldRush
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August 31, 2010, 03:26:31 PM
 #26

I think that payment methods on the markets should be negotiated by the buyer and seller directly.

You have every freedom required start an exchange where that is the case, but it won't be the exchange that offers the lowest spreads.  A successful exchange will keep the overhead low for the customer.

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Payment providers vary a lot between countries, continents, and even languages. Having the market railroad everyone into using the payment methods they prefer is wrong. I mean, how exactly is that a free market?


It's a free market because anyone can start an exchange.  These are not centrally controlled businesses.  Exchanges that serve their customers the best will get the greatest reward (that's called "profit" for the entrepreneurally challenged).
Immanuel
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September 09, 2010, 03:24:15 PM
 #27

People could just accept accept money orders to their actual name and real address. There's accountability and no chargebacks.

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Anonymous
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September 11, 2010, 04:29:46 AM
 #28

People could just accept accept money orders to their actual name and real address. There's accountability and no chargebacks.

Well of course. They could also be sent to a p.o.box to avoid stalkers  Tongue
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