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
Post by twetch#3375
People need to know that they're using Bitcoin. Otherwise it's deception.
What the chain says
- Block
- 635 472
- Time
- 2020-05-18T15:21:14Z
- Signer
- 1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#3375
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Abd9yJS6mrzMmj1Ni6kjQB9GqtyaNujrm VerifiedReposted by (2)
Replies (23)
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.
eventually, they will know.
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.
Then the businesses are using bitcoin and know about it and the customers are not.
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.
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.
It is if people hold bitcoin and aren't told what it is.
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.
That's a waste because earning dollars is less efficient. Also you shouldn't hide bitcoin from people. That's not very nice!
What if the Bitcoin they are holding represents something worth much more than the value of the Bitcoin?
Like a 100 million assets per coin.
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.