Earlier quoted context omitted.
1) Bitcoins are easily transferable (P2P) 2) Bitcoin transactions are irreversible 3) No third party is involved for the essential transaction (in this case the exchange of Bitcoin(s) for a ticket) If you use Bitcoins as a method of transporting money you can cash them out as soon as you get them (which is within a few minutes) and getting Bitcoins isn't as hard as people make it out to be.
> If you use Bitcoins as a method of transporting money you can cash them out as soon as you get them (which is within a few minutes) and getting Bitcoins isn't as hard as people make it out to be. I'm surprised nobody has made a service that transparently uses bitcoins to send someone not-bitcoins: [For the purposes of the example, let's call the sender of the money Alice, the receiver Bob, and the two instances of…
Re: Open Source Events Get Burned By PayPal
#51Ripple does something like this: https://ripple.com