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Stripe: Bitcoin

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Re: Stripe: Bitcoin

#311

Post by brasky »

stef25 wrote: post #304
muyuu wrote: post #292

Earlier quoted context omitted.

I don't want to give my CC details and/or my personal information to every merchant. This usually means I either buy from fewer merchants, or pay with bitcoin if allowed. Obviously, if the merchant is going to require my info anyway then it's pointless, so it depends. That's one of the main points about bitcoin for me. As a tool for privacy. On the surface it may seem trivial, and corporations living off mining your…

> I don't want to give my CC details and/or my personal information to every merchant Why?

I guess you missed all the giant data hacks over the last year.

Re: Stripe: Bitcoin

#312

Post by ssmoot »

icehawk219 wrote: post #36
lukasm wrote: post #24

Earlier quoted context omitted.

Actually, I disagree. I prefer video. I can always rewind to read it, pause if I'm distracted and it's very small text on my phone.

I agree. If you insist on having it be animated make it a video. I'd actually just prefer a few screenshots showing the key things that I can go back and forth between so I don't have to sit and watch something that could be summed up in 3 or 4 slides that are digested in a few seconds.

Ditto. Too fast. For me this isn't an exemplar of effective communication. It's a complete failure to deliver whatever that animation was trying to communicate because I only got 1 second each to absorb the text and the slide. Maybe I'm just slow, but a few stacked section tags with the same information presented statically would've been so much more effective.

Javascript for it's own sake, hampering effective communication; it's the Flash splash page all over again.

Re: Stripe: Bitcoin

#313

Post by jeromegv »

brasky wrote: post #311
stef25 wrote: post #304

Earlier quoted context omitted.

> I don't want to give my CC details and/or my personal information to every merchant Why?

I guess you missed all the giant data hacks over the last year.

The point is that even if you're credit card number is stolen, you are not responsible and get a new card. Compare that to the data hacks of bitcoin exchanges...

Re: Stripe: Bitcoin

#314

Post by al2o3cr »

RemoteWorker wrote: post #115

I find it hilarious how Bitcoin haters (like the ones we have here on HN) say it's never going to work, but then they spend hours every day trying to talk people out of using it.

I find it hilarious how Bitcoin cheerleaders say there aren't any downsides, and then spend hours every day posting "chargebacks aren't important" and "merchants will obviously pass all the savings on to consumers". YMMV.

Re: Stripe: Bitcoin

#315

Post by muyuu »

stef25 wrote: post #304
muyuu wrote: post #292

Earlier quoted context omitted.

I don't want to give my CC details and/or my personal information to every merchant. This usually means I either buy from fewer merchants, or pay with bitcoin if allowed. Obviously, if the merchant is going to require my info anyway then it's pointless, so it depends. That's one of the main points about bitcoin for me. As a tool for privacy. On the surface it may seem trivial, and corporations living off mining your…

> I don't want to give my CC details and/or my personal information to every merchant Why?

Because it's private information I don't give away to strangers. A personal policy of mine.

Re: Stripe: Bitcoin

#316

Post by mFixman »

josu wrote: post #150
pastProlog wrote: post #66

Earlier quoted context omitted.

> currency is not that stable Do you mean like a currency that was worth $650 against the US dollar a year ago, and today is worth $250 against the US dollar? That kind of stability?

In many developing countries the bar is pretty low, and while bitcoin is not that stable yet, it may well become a suitable option in a few years. Look at the Argentinian Peso, it has lost almost 90% of its value against the USD since 2001. http://finance.yahoo.com/echarts?s=USDARS%3DX+Interactive#%7...

I'm Argentinian. Why would I buy Bitcoin instead of American Dollars for saving?

Re: Stripe: Bitcoin

#317

Post by muyuu »

jeromegv wrote: post #313
brasky wrote: post #311

Earlier quoted context omitted.

I guess you missed all the giant data hacks over the last year.

The point is that even if you're credit card number is stolen, you are not responsible and get a new card. Compare that to the data hacks of bitcoin exchanges...

Bitcoin and bitcoin exchanges are a completely different thing.

When my CC data is stolen, criminals everywhere have access to my current personal information, often even address, phone, picture. I cannot possibly undo that damage. Losing a regular payment for me is NOTHING compared to that. Just having Google have all that next to other data mined about me from people using gmail accounts to mail me etc, it's massive. I just do not trust corporations to deal with my personal data so I take at least a modicum of measures against these dangers. By simply paying through CC you are giving everything away in one swoop.

Re: Stripe: Bitcoin

#318

Post by RemoteWorker »

lmm wrote: post #302
RemoteWorker wrote: post #115

I find it hilarious how Bitcoin haters (like the ones we have here on HN) say it's never going to work, but then they spend hours every day trying to talk people out of using it.

The value of these things is a Keynesian beauty contest. If enough people decide that Bitcoin is a valid currency then it is a valid currency (just like baseball cards). I think that would be bad for society. Any new value in the bitcoin ecosystem increases the value held by the early adopters - who are mostly drug dealers or other criminals, and the rest are the miners who enabled them. (bitcoin does have some advan…

Think of the children!

Re: Stripe: Bitcoin

#319

Post by RemoteWorker »

al2o3cr wrote: post #314
RemoteWorker wrote: post #115

I find it hilarious how Bitcoin haters (like the ones we have here on HN) say it's never going to work, but then they spend hours every day trying to talk people out of using it.

I find it hilarious how Bitcoin cheerleaders say there aren't any downsides, and then spend hours every day posting "chargebacks aren't important" and "merchants will obviously pass all the savings on to consumers". YMMV.

What do chargebacks have to do with a currency? Chargebacks is something offered by services built on top of the currency, not the currency itself. Else tell me how to chargeback USD bills.

If you think chargebacks are the most important thing mentioning when attacking Bitcoin, then it seems like it does have a bright future.

Re: Stripe: Bitcoin

#320

Post by dragonwriter »

RemoteWorker wrote: post #319
al2o3cr wrote: post #314

Earlier quoted context omitted.

I find it hilarious how Bitcoin cheerleaders say there aren't any downsides, and then spend hours every day posting "chargebacks aren't important" and "merchants will obviously pass all the savings on to consumers". YMMV.

What do chargebacks have to do with a currency? Chargebacks is something offered by services built on top of the currency, not the currency itself. Else tell me how to chargeback USD bills. If you think chargebacks are the most important thing mentioning when attacking Bitcoin, then it seems like it does have a bright future.

> What do chargebacks have to do with a currency? Chargebacks is something offered by services built on top of the currency, not the currency itself.

Chargebacks have to do with bitcoin because one of the selling points frequently cited for use of bitcoin, a non-legal-tender currency, is that it is a consumer transaction mechanism that is better than legal-tender currencies and the transaction mechanisms provided on top of them by the financial services industry.

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