Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2014-06-24 📝 Original message:> > Sounds like marketing ...
📅 Original date posted:2014-06-24
📝 Original message:>
> Sounds like marketing bullshit to me. It does not have even statistical
> meaning; well, you can "save" a lot of satoshis, but nobody tell you that
> the merchant cut you on BTC/USD exchange rate in tens of %.
>
Your own wallet can look up the exchange rate and compare it to what you're
getting (and in fact, wallets do!).
Besides, assuming the customer is *always* being scammed seems extreme.
There are plenty of merchants that genuinely care about their reputation
and genuinely want people to pay with Bitcoin so they can avoid card fees.
> Payment protocol should not contain these fictional data
>
Well, I think the protocol should contain whatever is useful.
I'll probably draft a BIP for this next week or so.
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Published at
2023-06-07 15:23:16Event JSON
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"content": "📅 Original date posted:2014-06-24\n📝 Original message:\u003e\n\u003e Sounds like marketing bullshit to me. It does not have even statistical\n\u003e meaning; well, you can \"save\" a lot of satoshis, but nobody tell you that\n\u003e the merchant cut you on BTC/USD exchange rate in tens of %.\n\u003e\n\nYour own wallet can look up the exchange rate and compare it to what you're\ngetting (and in fact, wallets do!).\n\nBesides, assuming the customer is *always* being scammed seems extreme.\nThere are plenty of merchants that genuinely care about their reputation\nand genuinely want people to pay with Bitcoin so they can avoid card fees.\n\n\n\u003e Payment protocol should not contain these fictional data\n\u003e\n\nWell, I think the protocol should contain whatever is useful.\n\nI'll probably draft a BIP for this next week or so.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140624/96462d5a/attachment.html\u003e",
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