Author

Topic: 2014-02-04 BBC News - Self-updating Bitcoin price tag shown off in east London (Read 787 times)

legendary
Activity: 1806
Merit: 1521
Nice, but what if you have thousands of products in your shop?


Well I think the best thing would be to just convert your final balance at checkout.
When I'm shopping these days in the US (I'm from Canada), retailers give me the option if I want to be charged in US Dollars, or Canadian Dollars.  Retailers should be able to add other options to say Pay in BTC, and they will have the latest conversion price there.  The consumer should be smart enough that if they have $100 worth of goods that it'll be approx. 0.1BTC or something like that.


Or simply there should be a app that can scan all products (Normal barcode or USD QR codes) and add them in your shipping list, calculate final amount and convert that into bitcoins for payment and pay that retailer.

With most retailers these days having their own apps...should definitely be feasible!
legendary
Activity: 1274
Merit: 1004
Nice, but what if you have thousands of products in your shop?


Well I think the best thing would be to just convert your final balance at checkout.
When I'm shopping these days in the US (I'm from Canada), retailers give me the option if I want to be charged in US Dollars, or Canadian Dollars.  Retailers should be able to add other options to say Pay in BTC, and they will have the latest conversion price there.  The consumer should be smart enough that if they have $100 worth of goods that it'll be approx. 0.1BTC or something like that.


Or simply there should be a app that can scan all products (Normal barcode or USD QR codes) and add them in your shipping list, calculate final amount and convert that into bitcoins for payment and pay that retailer.
legendary
Activity: 1806
Merit: 1521
Nice, but what if you have thousands of products in your shop?


Well I think the best thing would be to just convert your final balance at checkout.
When I'm shopping these days in the US (I'm from Canada), retailers give me the option if I want to be charged in US Dollars, or Canadian Dollars.  Retailers should be able to add other options to say Pay in BTC, and they will have the latest conversion price there.  The consumer should be smart enough that if they have $100 worth of goods that it'll be approx. 0.1BTC or something like that.
legendary
Activity: 1274
Merit: 1004
Nice, but what if you have thousands of products in your shop?
sr. member
Activity: 531
Merit: 260
Vires in Numeris
~5:45 GMT they had @AmirTaaki on BBC News 24. Provided an excellent teaser of what Bitcoin offers us.

There's certainly a lot more media coverage recently in the UK and I wonder that might be a good sign of a positive approach from Government.. hope so.
hero member
Activity: 658
Merit: 500
would suck if the wifi went down ... then non updated price, could lead to frustrated customers at checkout =/

But, very cool nonetheless!

I can tell you if wifi(or you meant internet) is down, it would still suck if you accept CC. Most if not all new terminals use internet connection now.
legendary
Activity: 2450
Merit: 1002
would suck if the wifi went down ... then non updated price, could lead to frustrated customers at checkout =/

But, very cool nonetheless!
hero member
Activity: 602
Merit: 500
great !
Bitcoin going retailers/merchants
legendary
Activity: 1806
Merit: 1521
That's awesome!  Hopefully this will help some retailers who might be afraid to offer BTC, especially today, where the price of BTC could be constantly fluctuating.
I know in the US more and more retailers are using automated pricing instead of having to manually adjust.
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