Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Moneybadger and Peach Payments partner to enable Bitcoin payments

bitcoinke.io

Post reply on HN
Print view View original

21–30 of 51 posts

Re: Moneybadger and Peach Payments partner to enable Bitcoin payments

#21

Post by Workaccount2 »

kylebenzle wrote: post #17
benmoneybadger wrote: post #2

happy to answer any questions!

Why not just use Bitcoin Cash? Bitcoin was designed to compete directly with Visa's transaction rate and still can. I don't get why people don't simple use what works?

The reason bitcoin is so successful is exactly because people don't know how it works.

Re: Moneybadger and Peach Payments partner to enable Bitcoin payments

#22

Post by phasnox »

kylebenzle wrote: post #17
benmoneybadger wrote: post #2

happy to answer any questions!

Why not just use Bitcoin Cash? Bitcoin was designed to compete directly with Visa's transaction rate and still can. I don't get why people don't simple use what works?

Why not use Grin? Or Monero? Why would using Bitcoin Cash be better than Bitcoin?

Re: Moneybadger and Peach Payments partner to enable Bitcoin payments

#23

Post by julius »

benmoneybadger wrote: post #2

happy to answer any questions!

Lots of people who have relatively stable currencies (EUR, USD..) do not want to use bitcoin. What if bitcoin price goes down? How many extra steps is it to convert my USD to bitcoin and then back to USD? Do I only convert the 19.99 USD for my current purchase into bitcoin or do I put in more?

Do you solve these issues for customers? Or are you only targeting people who already are happy bitcoin wallet users? Are stablecoins part of your strategy?

Given how Visa,Mastercard,Paypal are seen as bad actors. Do you think you can capitalize on that, possibly partnering with Valve or something of that sort?

Re: Moneybadger and Peach Payments partner to enable Bitcoin payments

#24

Post by ToucanLoucan »

8organicbits wrote: post #6

> It is telling that the first purchases done via MoneyBadger on the Peach Payments platform were for spades at a suburban hardware store and light fittings I'd love to see better privacy here. The company blogging about the specific items being purchased suggests they have detailed information about each purchase and are willing to share it (in a blog post). Or maybe an employee made the first purchases?

I mean crypto itself is only as anonymous as your most public link to your wallet too, which is one of the reasons I dislike it despite seeing the appeal of the idea. People like to compare it to cash, but the fact is every hundred dollar bill in circulation doesn't have a list of people's unique if anonymized handles who's touched it since it was printed. And that gets doubly problematic if you use... really any of the wallet managers out there, who now know every wallet address associated with not only your personal info, but likely bank info.
Post reply on HN