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From: Tom Harding <tomh@thinlink.com>
To: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension
Date: Tue, 17 Jun 2014 18:39:42 -0700	[thread overview]
Message-ID: <53A0EDDE.7080801@thinlink.com> (raw)
In-Reply-To: <CANEZrP3KKSkD7_R0Dvt600b7vh0oia78vHhPrPqSGBbwf9DsSQ@mail.gmail.com>

On 6/16/2014 8:48 AM, Mike Hearn wrote:
> In practice of course this is something payment processors like Bitpay 
> and Coinbase will think about. Individual cafes etc who are just using 
> mobile wallets won't be able to deal with this complexity: if we can't 
> make native Bitcoin work well enough there, we're most likely to just 
> lose that market or watch it become entirely centralised around a 
> handful of payment processing companies.

I have trouble seeing how could the real-time anonymous payments market 
can be cleanly separated from everything else.  If trusted third parties 
become the norm for that market, there will inevitably be a huge overlap 
effect on other markets that bitcoin can serve best, even today.  I 
don't see how any currency, any cash, can concede this market.




  parent reply	other threads:[~2014-06-18  2:43 UTC|newest]

Thread overview: 46+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-06-14 12:00 [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension Lawrence Nahum
2014-06-14 12:57 ` Andreas Schildbach
2014-06-15  9:22   ` Lawrence Nahum
2014-06-15 12:46     ` Andreas Schildbach
2014-06-15 14:09       ` Lawrence Nahum
2014-06-18 12:09       ` Lawrence Nahum
2014-06-18 13:25         ` Mike Hearn
2014-06-18 15:59           ` Daniel Rice
2014-06-18 16:09             ` Mike Hearn
2014-06-19 17:36               ` Daniel Rice
2014-06-25 14:01         ` sebastien requiem
2014-06-16 12:19 ` Mike Hearn
2014-06-16 12:25   ` Mike Hearn
2014-06-16 15:09   ` Daniel Rice
2014-06-16 15:26     ` Lawrence Nahum
2014-06-16 16:00       ` Daniel Rice
2014-06-16 16:07         ` Mike Hearn
2014-06-16 15:41     ` Paul Goldstein
2014-06-16 15:48       ` Mike Hearn
2014-06-16 16:30         ` Lawrence Nahum
2014-06-16 16:45           ` Mike Hearn
2014-06-16 16:56             ` Lawrence Nahum
2014-06-16 17:01               ` Mike Hearn
2014-06-16 17:16                 ` Lawrence Nahum
2014-06-16 18:02                   ` Alex Kotenko
2014-06-16 18:09                     ` Mike Hearn
2014-06-16 20:29                       ` Daniel Rice
2014-06-16 20:32                         ` Mike Hearn
2014-06-16 20:37                           ` Daniel Rice
2014-06-16 20:46                             ` Mike Hearn
2014-06-16 20:53                               ` Daniel Rice
2014-06-16 20:55                                 ` Mike Hearn
2014-06-16 20:50                             ` [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees Peter Todd
2014-06-16 21:02                         ` [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension Daniel Rice
2014-06-16 20:32                       ` Alex Kotenko
2014-06-16 17:44                 ` Jorge Timón
2014-06-17 15:58                 ` Isidor Zeuner
2014-06-18  1:39         ` Tom Harding [this message]
2014-06-17 15:58     ` Isidor Zeuner
2014-06-18  9:15       ` Mike Hearn
2014-06-18 20:47       ` Natanael
2014-06-18  2:01     ` Tom Harding
2014-06-16 15:28   ` Lawrence Nahum
2014-06-16 15:43     ` Mike Hearn
2014-06-16 17:05       ` Lawrence Nahum
2014-06-16  8:53 Daniel Rice

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