š
Original date posted:2014-06-19
š Original message:quote:
[...]
> On 4/24/14, Chris Pacia <ctpacia at gmail.com> wrote:
> > It would work but it's an ugly hack IMO. What do people do if they don't
> > have extra to pay when making a purchase? I have 200 mbtc and want to buy a
> > 200 mbtc phone but I can't because I need 400 mbtc. Sucks for me.
> >
> > I would much prefer the hassle of a green address notary than always having
> > to make sure I have double what I need to make a purchase.
>
> This scheme wouldn't be mandatory. You can still wait for
> confirmations or rely somehow on existing trust instead if that's
> better for you on that situation.
>
Considering hotel or car rental payments where the credit card
processor reserves a higher amount in order to cover risks, it
doesn't seem like anything new or particularly inconvenient that a
payment system may require a larger amount than the final price being
available.
Which brings us to the question: Is it an important characteristic in
a payment system that it is capable of quickly spending your last
penny?
Best regards,
Isidor
Isidor Zeuner [ARCHIVE] /
npub1wzā¦2jvxz
2023-06-07 15:23:06
in reply to nevent1qā¦43em
Author Public Key
npub1wz2sm8h4ylh9dn28688vjzwrmhaxnh3jl04p8jk3qeq7umwf8cus72jvxzPublished at
2023-06-07 15:23:06Event JSON
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Original date posted:2014-06-19\nš Original message:quote:\n[...]\n\u003e On 4/24/14, Chris Pacia \u003cctpacia at gmail.com\u003e wrote:\n\u003e \u003e It would work but it's an ugly hack IMO. What do people do if they don't\n\u003e \u003e have extra to pay when making a purchase? I have 200 mbtc and want to buy a\n\u003e \u003e 200 mbtc phone but I can't because I need 400 mbtc. Sucks for me.\n\u003e \u003e\n\u003e \u003e I would much prefer the hassle of a green address notary than always having\n\u003e \u003e to make sure I have double what I need to make a purchase.\n\u003e\n\u003e This scheme wouldn't be mandatory. You can still wait for\n\u003e confirmations or rely somehow on existing trust instead if that's\n\u003e better for you on that situation.\n\u003e\n\nConsidering hotel or car rental payments where the credit card\nprocessor reserves a higher amount in order to cover risks, it\ndoesn't seem like anything new or particularly inconvenient that a\npayment system may require a larger amount than the final price being\navailable.\n\nWhich brings us to the question: Is it an important characteristic in\na payment system that it is capable of quickly spending your last\npenny?\n\nBest regards,\n\nIsidor",
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