Closed != insecure
Let's be honest here. Closed = "secure because we say so" at best, because it is unverifiable by third parties.
Topic: Bitcoin is way behind at mobile payments (Read 4888 times)
Let's be honest here. Closed = "secure because we say so" at best, because it is unverifiable by third parties.
Last I checked, Glyph was closed source, so it is not secure and you cannot use it to replace PGP. The interface seems good for sending bitcoins to friends though.
Closed != insecure
And yes, I rarely use PGP anymore...it was a PITA to begin with.
Enigmail for Thunderbird is working smoother than command line.
Last I checked, Glyph was closed source, so it is not secure and you cannot use it to replace PGP. The interface seems good for sending bitcoins to friends though.
Closed != insecure
And yes, I rarely use PGP anymore...it was a PITA to begin with.
Last I checked, Glyph was closed source, so it is not secure and you cannot use it to replace PGP. The interface seems good for sending bitcoins to friends though.
Y'all gotta see Gliph. There's a web version and an android version in addition to the iOS version pictured below...But Gliph is about way more than sending bitcoins easily...ever send a secure text message? With Gliph you can, and it's free. It's basically replaced pgp amongst my important contacts.
That looks good. I have mycellium right now only, but don't use it much.
Mycellium? I had to google it (I'm not an android guy...yet...mycellium looks cool)....to me mycellium is something I write a prescription to treat
Y'all gotta see Gliph. There's a web version and an android version in addition to the iOS version pictured below...But Gliph is about way more than sending bitcoins easily...ever send a secure text message? With Gliph you can, and it's free. It's basically replaced pgp amongst my important contacts.
That looks good. I have mycellium right now only, but don't use it much.
Money Drop looks really good. One thing that bugs me (a lil bit) about Bitcoin is the trouble of scanning/pasting the address. Wonder if the CoinBase guys are building something similar to this?
Bugs me too. Imagine you could send the information with sound or similar ?
https://bips.me/connect/Chirping%20Bitcoins.pptx
Money Drop looks really good. One thing that bugs me (a lil bit) about Bitcoin is the trouble of scanning/pasting the address. Wonder if the CoinBase guys are building something similar to this?
Y'all gotta see Gliph. There's a web version and an android version in addition to the iOS version pictured below...But Gliph is about way more than sending bitcoins easily...ever send a secure text message? With Gliph you can, and it's free. It's basically replaced pgp amongst my important contacts.
Why can't I do this with bitcoin?
Well, today using a third party service I can send Bitcoin to anyone else knowing just that person's mobile phone number or e-mail address (using Coinapult, or Coinbase), or that person's Twitter (using @BTCTip bot), or that person's Reddit username (using BitcoinTip bot), etc.
A problem exists with spoofing though. I can write the message:
Quote
Seth is hosting an all-you-can-drink beer meetup for 0.1 BTC. To join, send him payment at: 1PC9aZC4hNX2rmmrt7uHTfYAS3hRbph4UN
And the problem is, .... you did not make this offer, and ... that address isn't even your Bitcoin address. With Simple's P2P system such fraudulent activity is reversible and thus there is less chance that the scammer will profit, so there is very little attempts at such type of fraud. If those transfers of funds were non-reversible their P2P payments system would become a cesspool with spoofed profiles and fake offers, essentially rendering it unusable and giving a black eye to Simple.
Now with the payment protocol coming in Bitcoin-Qt/bitcoind v0.9, verifying such a request as being authentic will be easier.
Additionally, I am cautious about using an app without there being two-factor authentication. But if my mobile is my 2FA device and the app needing the 2FA code is on the same mobile, then 2FA really isn't giving me much additional security. Right now, my only remedy for such a problem is to only hold in that E-wallet app as much money as I'm willing to lose should my device become compromised. (In a similar manner as how I don't generally carry more than a certain amount of cash in my physical wallet in my back pocket either.)
These probably aren't the reasons a Bitcoin-based equivalent to Simple's Money Drop isn't already available, just that improvements to security will help make it so that such an app can actually be built and be useful.
Banking startup Simple just rolled out Money Drop service. You can see everyone near you with a Simple account and send money to them like this:
Why can't I do this with bitcoin? I know FAR more people with a bitcoin wallet than a Simple account, yet paying someone for my part of the dinner bill with bitcoin involves calculators, QR codes, and physically passing phones around and pointing them at each other.
Here's an article on Money Drop:
http://www.businessinsider.com/simple-moneydrop-2013-10
Why can't I do this with bitcoin? I know FAR more people with a bitcoin wallet than a Simple account, yet paying someone for my part of the dinner bill with bitcoin involves calculators, QR codes, and physically passing phones around and pointing them at each other.
Here's an article on Money Drop:
http://www.businessinsider.com/simple-moneydrop-2013-10
Good idea, but it will only do good if everyone is using it. Right now only less then 1% of the population know Bitcoin.
I agree that bitcoin is behind in mobile payments. Plenty of places now accept other forms of mobile payments but still dont accept bitcoin or places that do accept bitcoin theres people who don't know how to set themselves up to pay with bitcoin or even get bitcoins for that matter.
Better ease of use for everyday customers is something that will help bitcoin out a lot. I think theres a gold mind to be made for the first people that really acheive this on a large scale.
Better ease of use for everyday customers is something that will help bitcoin out a lot. I think theres a gold mind to be made for the first people that really acheive this on a large scale.
iTunes vs BitTorrent, each to their own I guess
Seth, we will be adding a feature like this to our desktop wallet early next year as a proof-of-concept. This will be a chance to peer review the idea in practice, before it goes to mobile. I'm sure that we can figure out the best ways to protect privacy.
well, mobile is easy with mobile wallets because mobile payments goes to a merchant, in which has a hot wallet running.
It's like putting bitcoins to your smartphone wallet and paying the merchant with qr coded wallet.
It's like putting bitcoins to your smartphone wallet and paying the merchant with qr coded wallet.
The UK banking system is far more advanced and flexible than the US one. In the UK, you can send a payment from any bank account to any other bank account in the middle of the night on a weekend, and it will get there in less than an hour. And it is free. And all the accounts have two factor. So I guess you could say that bitcoin is EVEN FARTHER BEHIND the UK than it is behind US-based Simple.
Why on Earth are there so many UK Bitcoin users with a seemingly-great banking system like that? What could they possibly do to make people leave - keep government database of everyone's transactions without need of a warrant? Disallow cash withdrawals? Huge monthly fees and no interest?as a brit ill tell you
i do love the speed of wire transfer, but i do hate the requirement to log into my bank. type in the other persons bank details. receive a phone call to verify that im processing the transfer. and then sending it.. it takes longer to set up a transaction then it does to actually send/receive.
where as bitcoin is less of a headache, even if both methods take about 10 minutes from start to end
theres other reasons, such as Teentrepreneurs (teenage entrepreneurs) who cant get fully functional bank business accounts due to being under 18, which snowballs onto being unable to open and start businesses due to requirements of a business account to hold funds..
bitcoin gives them more freedom to do what they want, how they want without all the red tape.
but with all that said there are not as many bitcoiners as you may think and convincing merchants of bitcoin benefits is a harder task compared to america. the 'faster payment' is a hurdle to jump over when trying to convince merchants
The UK banking system is far more advanced and flexible than the US one. In the UK, you can send a payment from any bank account to any other bank account in the middle of the night on a weekend, and it will get there in less than an hour. And it is free. And all the accounts have two factor. So I guess you could say that bitcoin is EVEN FARTHER BEHIND the UK than it is behind US-based Simple.
Why on Earth are there so many UK Bitcoin users with a seemingly-great banking system like that? What could they possibly do to make people leave - keep government database of everyone's transactions without need of a warrant? Disallow cash withdrawals? Huge monthly fees and no interest? 
You can already something similar with Gliph, in addition to the secure messaging they let you send/receive btc to your contacts. Their app is available for both Android/iOS and can also be used on website.
+1 Gliph rocks
You can already something similar with Gliph, in addition to the secure messaging they let you send/receive btc to your contacts. Their app is available for both Android/iOS and can also be used on website.
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