Post by twetch#228

1Abd9y…ujrm Key · twetch

Good luck with that. People only want to be onboarded after the price goes up!

1MWMgh…WRXv Key · twetch

Bitcoin will never work until people are using Bitcoin without realising they are using Bitcoin. If that doesn't happen soon enough, everyone will be using Gates666Coin instead. BTC has stolen many years of progress, makes you wonder who's side they are on

What the chain says
Block
635 451
Time
2020-05-18T09:14:12Z
Signer
1MWMghy37zmczw69MNCo64qv7EgbmBWRXv
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#228

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1MWMghy37zmczw69MNCo64qv7EgbmBWRXv Verified

Replies (21)

1Abd9y…ujrm Key · twetch
Replying to@1MWMgh…WRXv

People need to know that they're using Bitcoin. Otherwise it's deception.

12N7eq…W6sn Key · twetch
Replying to@1Abd9y…ujrm

embed a paybutton in the NYT page so readers pay 10c/ article. they load a $5USD wallet via credit card and hit the button at will. under the hood is a BSV - stablecoin combo. do users "need to know that they're using Bitcoin"? -- i don't think so.

12N7eq…W6sn Key · twetch
Replying to@12N7eq…W6sn

eventually, they will know.

1DgKcV…x2Z1 Key · twetch
Replying to@1Abd9y…ujrm

Businesses can still use Bitcoin under the hood while selling their services for fiat to the outside world. Its not the clients concern how the business is achieving its deliverables.

1Abd9y…ujrm Key · twetch
Replying to@1DgKcV…x2Z1

Then the businesses are using bitcoin and know about it and the customers are not.

1DgKcV…x2Z1 Key · twetch
Replying to@1Abd9y…ujrm

Yes, and that would be OK (though certainly not ideal). The business owes what it promises to customers, not the underlying tools it is using.

1DgKcV…x2Z1 Key · twetch
Replying to@1Abd9y…ujrm

In my professional life, I sometimes sub-contract portions of the work to others. It isn't deception as long as its my responsibility to deliver at the end of the project.

1Abd9y…ujrm Key · twetch
Replying to@1DgKcV…x2Z1

It is if people hold bitcoin and aren't told what it is.

1DgKcV…x2Z1 Key · twetch
Replying to@1Abd9y…ujrm

Yes, that would be deception. But, what I mean is, for example, if Twetch decided to directly sell interactions to fiat paying customers through some credit card payment gateway, then Twetch doesn't owe them Bitcoin, they owe them Likes and Branches.

Continue thread →
1BmBuB…MTpg Key · twetch
Replying to@1Abd9y…ujrm

What if the Bitcoin they are holding represents something worth much more than the value of the Bitcoin?

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1MWMgh…WRXv Key · twetch
Replying to@1Abd9y…ujrm

Not necessarily. Topping up a rail/bus pass card with fiat money, then every swipe at the gate is a bitcoin transaction. Its the gate system that uses bitcoin, not the user. Bitcoin can be used as a function outside of money until unity makes it money.

twetch#3375 6.4y

People need to know that they're using Bitcoin. Otherwise it's deception.

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