Stripe: Bitcoin Sign-up

If there's some value add here I'd jump on it. Offering ACH has been a significant credibility boost with my (enterprisey) customers.

Also, wow you guys have grown. I remember when your team page had two rows.

Yep, for one-time purchases of digital goods, Bitcoin is superior. For repeat purchases, like my Amazon Kindle purchases, you have to beat one-click.

> Most bitcoin payments are done either through mobile phone scanning a QR-code, or through uri's opening bitcoin software. I've never manually typed in a bitcoin address (worst case is copy pasting the payee address)

Ah yes, I forgot about this part. Although you can store your CC# in your auto-fill or password management software. And most stores will save it for you. The argument here is that is insecure, because you're storing your CC# and it can be stolen. But likewise, you're storing your Bitcoin private addresses on whatever device and they can be stolen as well. Except without any chance of recovery.

> Not sure what you've been reading, but my bitcoin purchasing experiences have all been extremely straightforward. Scan QR-code, press send, done.

Well I'm comparing getting an invoice, scanning a code, sending, waiting for confirmations with literally clicking a button to buy and then another button to tell Amazon where to ship my stuff. Or in some cases, just one button to buy and ship.

Then I accounted for the stories in which the invoice expired before enough confirmations, and apparently the order just evaporated despite the bitcoins being sent. And there's plenty of Coinbase horror stories from people trying to get refunds.

Broadening the use cases.. There's stuff like paying bills where I literally have to do nothing. Netflix, my electric company, Comcast, etc all just pull the funds necessary every month. I literally have to do nothing.

> Uh...no you aren't. There's no chargebacks, not no refunds. That is, to get a refund the merchant has to agree.

That was in reference to Overstock and Tiger Direct specifically. If I remember correctly, neither allow actual refunds of stuff bought with Bitcoin. They just give you store credit.

> Basically, risk moves from merchant to customer (banks usually require the merchant to prove they delivered the goods in chargeback cases)

That's a problem I have with it. Merchants are better equipped to manage risk than consumers, so pushing it back onto consumers is a bad thing.

> bitpay already offer 0% fees for a flat $30/month, and things can only get cheaper (as there get more/better exchanges and less volatility)

Didn't know that. I was going off of Coinbase's rates. Thanks for the correction.

Also hoping they implement the payment protocol (BIP70), which gives a much better user experience and improved security. Instead of copy pasting an address, a signed payment request is sent to the users Bitcoin wallet with a message stating something like "Bob's shop has requested a payment of 10USD (20mBTC) - accept?". Some particularly insidious coin stealing malware has been developed that modifies the payment address in the clipboard to be changed to an attackers address, and the whole UX around copying long Base58 encoded strings is horrible. Furthermore, the signed payment request serves as a receipt. With BIP70, the UX of bitcoin payments surpasses that of CC payments, IMO.