171–180 of 450 posts
Oh please. Long time Stripe fan and customer here - this makes me sad from the inside. They even mention NFT marketplaces - scams all over the places. Why would they want to support use cases like that?
It is important to recognize that Stripe is largely selling well-made shovels for the gold rush here. They have a history of diving more deeply into this market [1] and withdrawing from it before [2], so this is just Take 2. This time around, they are not themselves buying Cube Thingies or similar and don't have any exposure to the volatile world of ETH or other coins. I think there will be decent transfer of money f…
Did they just update this after you pointed this out?
Earlier quoted context omitted.
So crypto qualifies.
Why isn’t this new Stripe thing then about being able to use Bitcoin when buying things? Or how do I use Coinbase for buying things? Try go to the coinbase website and look for how to buy things with your Bitcoin. What I read from the site is that it’s all about investing in the value going up, not about making payments to other people or businesses for services or purchases.
Download TOR, go to dark.fail, go to one of the onion sites, send them crypto from coinbase, purchase products.
Am very glad to see this - was considering adding Coinbase's Commerce product due to quite a few requests to accept BTC payments for our hardware at https://kubesail.com - I suppose we have an extremely privacy focused user-base currently. Since we already use Stripe, I would be very glad to simply "enable bitcoin" as a payment method and leave it at that. Somewhat sadly, I was quite involved in web3 several years ag…
If you want to accept cryptocurrency payments and want a privacy focused service you can try Cryptapi...
- Three employees on LinkedIn, none with a background in finance, security, accounting, etc. - No audited security certifications (PCI DSS doesn't directly apply, but there should be _something_ that shows that _someone_ checked their processes/code/infrastructure for reasonable best practices) - No fraud protection or anything like that.
This could be nice for a crypto-only side-business that someone is running, but it can't be used by a serious company that needs to supplement their non-crypto payments with a crypto payments option.
Earlier quoted context omitted.
We've been taking this approach for a long time - it's just hard to get the word out.
slippery slope dang, HN soon the place to be for promoting NFT's about tech oh it is already, does Stripe gets an exception because it is "backed by YC"? https://www.ycombinator.com/companies/stripe It should be tagged as such More transparency dang, please
Neither Stripe nor any other YC startup. It's the other way around actually: we moderate less, not more, when a YC startup is the story. See https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu... for many years' worth of explanations.
Earlier quoted context omitted.
Quoted post unavailable.
Wait, isn't that exactly a pyramid scheme?
In your own words, can you explain the difference between, say, a Ponzi and a pyramid scheme? Pyramid and a matrix? Or do you use "pyramid scheme" to just mean "scheme?"
The whole thing was a pure toy. Way more than doge coin or NFTs are today. I got 2K btc with the money I usually put to vanguard monthly.
Through out the years I’ve kept my view that the whole thing is a joke, but not so funny anymore. Going mainstream did nothing good to the scene and rising price created this current eco-catastrophe.
Yet this year is the first I actually used crypto as it was intended to transfer value instead of just cashing out. Defi and NFTs are not yet useful for me but the discussions around ethereum development are super interesting and keep pushing forward regardles of cryptobro scene.
I used to think that maybe this is similar to early web era, but now I shifted to think that we are possibly in the vacuum tube era of cryptocurrencies.
At least now it looks like this thing will outlive me. It sure didn’t look that way earlier. When price crashed it somehow felt right, but it never stayed there.
Writing post like this is probably the final top signal X)
The main point of crypto these days appears to be to replace the current middlemen with different middlemen who can make more profit while offering the consumer much less legal protection. It's a bit concerning.
> The main point of crypto these days appears to be... Maybe you can ask people who get their funds randomly blocked and restricted by PayPal and seized for months/years while an "investigation" takes place if there's any use-case for crypto. Maybe you can ask ordinary Russian citizens what their legal protections are worth once they've been un-personed by the world. Or perhaps you can ask Canadian mandate protesters…
Or the people who will inevitably be fleeced when the main settlement token is an outright fraud which implodes?
Just last year Stripe wouldn't even allow any crypto business to be their customers. You could not use Stripe if you business was crypto related. A client of mine had to switch implementation to checkout.com because of that. I wonder what changed...
Yep. Until very recently, we weren't able to support businesses selling crypto. (The regulatory details are complex.) We're now rolling out support and this page is basically about that change.