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submitted by /u/DistinctSkin [link] [comments] |
Saturday, 30 November 2019
![[kicking the arse of bankers] Natwest Bank offline while Bitcoin uptime is at 99.9845% for the last 3982 days](https://b.thumbs.redditmedia.com/xfrPRidhL17Auqwxvv0jCMlOx5J6vQ1cDS8AYkxwdyI.jpg "[kicking the arse of bankers] Natwest Bank offline while Bitcoin uptime is at 99.9845% for the last 3982 days")
What is the best way to accept BTC (without bitpay) on my Shopify store?
Just looking for some alternatives to BitPay as I believe they’re a horrible service all together.
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Friday, 29 November 2019
Terrible credit card companies nickel and diming people to death, they do it everywhere more often than we know.
So, for a few years, our vending company at work had a device on the machine named PayRange. With PayRange, you could put, say $10 credited to your account, paid for with your credit card. Now that it's in your account, the device on the machine allows you to easily buy stuff, no fees incurred. I used the account for a couple of years and it worked pretty good most of the time. A lot of it is cell based and we have a large metal building so it would take a few tries sometimes, but it always worked. I liked PayRange, it was a good custodial app for the vending machines. No worrying about change in your pockets and whatnot. Until now.
Now, recently, they've taken off all of the PayRange and went to credit cards and Apple/Google pay. Each transaction with the card or pay system charges the user and extra $.05 This is outright ridiculous if your multiplying it by multi-millions of transactions per year that they're being used.
The amount of fees they can wrack up per year by charging $.05 on a $60-$1.50 item ever time is crazy. It's convenient, but that's quite the price I, and millions of others, shouldn't have to pay if we didn't before.
I can't wait for the day that we have stable crypto or anything better that may come along on our machines and everything else to further society and stop feeding these hogs. Ingenico and the people like this payment provider on the machines are the real ones that have to adopt crypto because they're the ones that control nearly ALL in-store transactions. Look at the name on every machine that you swipe, insert, or tap. There aren't many manufacturers widely used and I'd say they, more than most, know where the markets are going.
I went to the hardware store in town a couple of weeks ago and took a pic of one of the machines that had a post-it taped to it saying they had to charge $x because of fees.
Sorry for the rant. Once alive, it never dies! Forever Live Crypto!
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source https://www.reddit.com/r/btc/comments/e39a52/terrible_credit_card_companies_nickel_and_diming/
It's not a ColdCard, but with with Keepkey at $5 for the next 24hrs (And other entry level wallets around $50 USD) there is no excuse not to have a hardware wallet at this point... (And if you aren't trying to HODL tonnes of shitcoins, a Ledger Nano S, Trezor One or Keepkey are perfectly fine...)
If you are a programmer who can write python plugins for EC SLP please DM me. I need a number of pretty simple plugins. 2 weeks per plugin, 100 USD per job. Another 100 USD to give me a month of support on the plugin and make small changes to it. I AM ONLY ACCEPTING PROGRAMMERS WITH COMMUNITY REP!!!
Schnorr Signatures
Does anyone where we can find a rough timeline for when Schnorr signatures will be implemented? On that note, what are everyone's guesses on when it will go into effect? Thanks.
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Where can I buy $1-2 Worth of ETH via Bitcoin Cash? I don't want overpay fees.
Majority of exchanges have 0.01 ETH withdrawal fees.. That is ridiculous 🤯
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source https://www.reddit.com/r/btc/comments/e3659u/where_can_i_buy_12_worth_of_eth_via_bitcoin_cash/
KYC measures in this space are extreme and beyond what’s required by law. Where does the line get drawn?
Coinbase just applied for a patent on a KYC process that’s far more draconian than required. https://www.coindesk.com/coinbase-patents-automated-kyc-enforcement-tool
At what point do people stand for privacy anymore? These measures take control away from individuals and give them to financial establishments whose goals are self serving. Do people just simply not care about individual liberties anymore? If people do care, why are we collectively being so silent while this occurs?
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Thursday, 28 November 2019
TIL that the owner of a brand name can lost their legal protection for it if people started using it as the common or generic name for a type of product or service. This is what happened to Cellophane, Escalator, Flip Phone, Frisbee, Hovercraft, Kerosene, Sellotape, Trampoline, and Videotape.
![The Cryptoconomy Podcast: CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]](https://b.thumbs.redditmedia.com/AN9fRlfX8QI_7DuiIM1GAetZgWZfL_2h3TmbL8RvB2A.jpg "The Cryptoconomy Podcast: CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]")
The "OK Boomer" of Bitcoin
I was bored AF at work today and whipped up this starter kit for BTC boomer arguments. Thoughts?
https://medium.com/@CryptoLouPai/the-ok-boomer-for-bitcoin-ac1684c66a4f
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Vitalik Buterin: “Automated rejection/down-scoring of blocks that censor transactions as part of the fork choice rule is a possible next frontier in consensus research.”
Omar Bham (Crypt0):”Unpopular opinion(?): BTC would have a higher price, and more network demand, if Segwit2x had gone as planned. BCH/BSV wouldn't exist, BTC would have bigger blocks, and Segwit still would have happened. IMO BTC has become crippled through Blockstream/Lightning hubris.”
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