BTCPay Documentary: My Trust In You is Broken

franky1

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Quote from: Pmalek on May 31, 2024, 08:38:21 AM

Quote from: franky1 on May 30, 2024, 01:29:30 PM

so summary of topic is:
* advertise software(maybe pmalek is being paid to promote it)

Oh no, you figured it out Sherlock. Yes, Nicolas paid me millions to advertise the documentary here, and now all that is in jeopardy because your big head saw through our plans. Damn it! We had such goals. First we would take over Bitcointalk, than the US, and finally the whole world. I always told Nicholas that franky1 would be our biggest threat to world domination and I was right. Luckily, we devised a scheme to get rid of you. I will now be setting it in motion, but don't tell anyone, ok Sherlock?

your sarcasm is level #1
nicholas wouldnt pay you millions. and if you expect to get paid millions to promote software on a forum, your in for a nasty surprise
lower your expectations and look at the sig-spammers on this forum that need to post hundreds of posts just to reach minimum wage

Pmalek

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Quote from: franky1 on May 30, 2024, 01:29:30 PM

so summary of topic is:
* advertise software(maybe pmalek is being paid to promote it)

Oh no, you figured it out Sherlock. Yes, Nicolas paid me millions to advertise the documentary here, and now all that is in jeopardy because your big head saw through our plans. Damn it! We had such goals. First we would take over Bitcointalk, than the US, and finally the whole world. I always told Nicholas that franky1 would be our biggest threat to world domination and I was right. Luckily, we devised a scheme to get rid of you. I will now be setting it in motion, but don't tell anyone, ok Sherlock?

franky1

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so summary of topic is:
* advertise software(maybe pmalek is being paid to promote it)
* show nicholas's misinformed dislike of a commercial service that accepted crypto AND converts to fiat, via his then subtle advert of a shopping cart tool that JUST accepts crypto.. so not even the same thing, and nicholas doesnt understand the differences thus gets upset by the differences he does not understand

funny part is its not a good idea to have server side hotwallet.. a better option would be a server side shopping cart software that just has a list of watch only public addresses that were entered via a remote system owned by the website owner, to ensure no private keys are at risk on the website

as for nicholas himself.. years ago he offered a buggy implementation of a node wrote in c#.net but didnt want to fix a simple bug
(it involved the users downloads trying to find dependencies via a file system location of nicholas's own file system rather than using 'app.path')
his arrogance and ignorance in his response not wanting to take advice and fix things makes me wary of just using his software unchecked
and now his attitudes of not understanding the different service offerings available, and getting emotionally inept just to then promote his own software

Pmalek

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Quote from: pinggoki on May 30, 2024, 02:07:09 AM

I don't really like clicking links here, I think it's a standard practice in the forum plus the moment that you try and think of this as an exception, your vigilance against attacks against you online because you're clicking links willy-nilly will be non-existent.

You can check what type of link it is. You can copy and paste it into your browser, inspect it, and only then load it if you don't see anything suspicious with it.

Quote from: pinggoki on May 30, 2024, 02:07:09 AM

I know that you're trying to insult me but I won't give you the satisfaction.

No, I am not. My post literally begins with "no offense", etc., etc. You just proved my point that you don't pay attention to what is being written here, but you can call it insults or whatever you want to. Enjoy the documentary!

Gary Wilson

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I heard about this documentary through https://bingecringe.com/. The documentary is awesome. I loved it.

pinggoki

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Quote from: Pmalek on May 28, 2024, 10:18:50 AM

Quote from: pinggoki on May 28, 2024, 12:24:58 AM

~

No offense but have you tried reading my opening post in search for a link to the documentary? Like, all of it. Take a look again and let me know what you find under the last sentence that says, 'You can watch the documentary here.' Perhaps, there is a YouTube link there, you never know. Wink

I don't really like clicking links here, I think it's a standard practice in the forum plus the moment that you try and think of this as an exception, your vigilance against attacks against you online because you're clicking links willy-nilly will be non-existent. I know that you're trying to insult me but I won't give you the satisfaction, I did check if it's on YouTube and it is and that will be my date night movie.

Pmalek

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Quote from: DaveF on May 28, 2024, 01:07:03 PM

The other side is when there is a problem, you (the merchant) are not trying to figure out what happened. It's a BitPay problem.

But you can say the same thing with the fiat vs bitcoin argument. If there is a problem with your bank or your debit card, you call the bank and ask them to fix it. If there is a problem with your bitcoin keys, you don't have a customer service to turn to if you are the custodian. Regardless of that, we still love bitcoin and the freedom-money size of it.

DaveF

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Quote from: Pmalek on May 27, 2024, 01:01:24 PM

Quote from: DaveF on May 27, 2024, 11:05:36 AM

Agreed, but for some reason a lot of the time when BitPay or Coinbase Commerce or a few others are mentioned as options for not doing it yourself there is a lot of push back.

Sometimes the criticism is justified and sometimes it isn't. I personally don't see the point in paying BitPay or a BitPay lookalike fees and being forced to agree to all their terms, when there is an option where I pay 0 fees and there are no terms of use, no way to freeze my money, and no one asks any questions or additional information about me or my business activities. But if people don't mind the former, then more power to them. But when something goes wrong or not according to plan, someone will say, I told you so.

The other side is when there is a problem, you (the merchant) are not trying to figure out what happened. It's a BitPay problem.
You as the merchant don't have to worry that the FIAT <> BTC rate changed a lot and have now lost money.
And so on. If you are doing $100000 in crypto transactions a year your out of pocket costs to BitPay (or similar) are 1% so $1000 and a $0.25 fee per transaction. So even if it's 4000 transactions it's only another $1000
Which to be sure is a lot of money on $100000 of sales it's 2% but it's 2% with no work vs 0% + TX fess + whatever % your exchange is taking for the crypto <> fiat exchange and so on.

-Dave

kryptqnick

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It's a very informative documentary, thanks for sharing!
When it comes to Bitpay, it's handling the Bitcoin part itself, and a person can just have USD from the exchange, as some mentioned in the documentary. It's a fair point that it's easier legally (for countries where Bitcoin is an asset that should be taxed as such). But pushing for Segwit2x when the block size was (and is) such a sensitive topic wasn't a nice step. And I suppose an open-source free alternative (BTCPay) is a nice development. I must say I was unaware of this option until watching the documentary. If I heard of BTCPay before, I probably confused it with BitPay.

Pmalek

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Quote from: pinggoki on May 28, 2024, 12:24:58 AM

What platform is this available to watch... I'll try searching for this in YouTube.

No offense but have you tried reading my opening post in search for a link to the documentary? Like, all of it. Take a look again and let me know what you find under the last sentence that says, 'You can watch the documentary here.' Perhaps, there is a YouTube link there, you never know. Wink

pinggoki

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What platform is this available to watch, I really want to check out documentaries right now and I feel like I could get something out of it if I watch it, I don't have any subscriptions to any website though, I mostly watch clips of documentaries in YouTube so not really exposed to the good one, reading a few of the posts about it, the drama behind this story seems intriguing enough. Hopefully I can also learn something in all of that drama, I'll try searching for this in YouTube.

buwaytress

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Quote from: Pmalek on May 25, 2024, 01:22:30 AM

Quote from: Davidvictorson on May 24, 2024, 03:49:57 PM

I'll have BTCPay server as one of the top options when crypto restrictions is lifted in my country and I am looking for an open-source bitcoin payment processors for by business.

I thought the Nigerian Central Bank already lifted restrictions and eased up their negative stance on Bitcoin. Anyway, the beauty of bitcoin, as you know, is that government parasites can't do much to stop it, even if they ban it. I understand that you may not want to break the law and respect that, but you can always accept bitcoin under the counter so to speak, without making it an official payment method in your shop.

This. Using BTCPay means you don't need to wait for someone to allow you to use it. In fact, wherever Bitcoin has been banned or restricted to "permissioned" use, this is where people have turned to P2P -- the way Bitcoin is best for using. That's why Iranians turned to Bitcoin, Hong Kongers, Venezuelans.

Nigeria has also been the country with the fastest growth in P2P usage for Bitcoin -- so this trend continues. Besides, these laws and licenses and bans, they've never targeted the user, just businesses (read as corporations). You should have as little to worry about as using Electrum.

Pmalek

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Quote from: DaveF on May 27, 2024, 11:05:36 AM

Agreed, but for some reason a lot of the time when BitPay or Coinbase Commerce or a few others are mentioned as options for not doing it yourself there is a lot of push back.

Sometimes the criticism is justified and sometimes it isn't. I personally don't see the point in paying BitPay or a BitPay lookalike fees and being forced to agree to all their terms, when there is an option where I pay 0 fees and there are no terms of use, no way to freeze my money, and no one asks any questions or additional information about me or my business activities. But if people don't mind the former, then more power to them. But when something goes wrong or not according to plan, someone will say, I told you so.

Maus0728

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Quote from: Kruw on May 24, 2024, 03:24:53 PM

BTCPay Server is an awesome sovereignty tool, I use it to run my own coinjoin coordinator. I watched the movie, the backstory behind Nicolas' vindictive application of his talents is inspiring.

Right? I mean, Nicolas is the biggest hater of BitPay because there's no way that someone of this caliber would be fixated, he really doesn't like the idea that there's a better way but no one's doing it, I guess in some way, spite and hate is a good motivator, just don't go overboard or something like that I guess.

DaveF

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Quote from: Pmalek on May 27, 2024, 10:17:42 AM

Quote from: DaveF on May 26, 2024, 04:31:31 PM

People send BitPay crypto, and BitPay puts cash into people's accounts. All these self sovereignty services obviously can't do that. And recommending things like BTCPay to people who don't have the time or want to put in the effort to deal with crypto is ridiculous. They want to make an API call, just like they do for visa or MasterCard or discover or any other credit card get a verified payment and move on.

It's a free market and everyone can choose what they want to. If you have a shop and want to accept crypto payments and keep all of the money in your own pockets, than watch a video or two on YouTube about how to set up BTCPay Server or contact their team for help if you can't handle it yourself. On the other hand, if you don't mind giving BitPay a share of your profits, use them.

Agreed, but for some reason a lot of the time when BitPay or Coinbase Commerce or a few others are mentioned as options for not doing it yourself there is a lot of push back.

There are a lot of good reasons to use BTCPay there are also a lot to use a hosted solution that gives you fiat.

Saying X is better then Y without knowing all the details is the same as saying this car is better then that car without knowing what it is going to be used for.

-Dave

Pmalek

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Quote from: DaveF on May 26, 2024, 04:31:31 PM

People send BitPay crypto, and BitPay puts cash into people's accounts. All these self sovereignty services obviously can't do that. And recommending things like BTCPay to people who don't have the time or want to put in the effort to deal with crypto is ridiculous. They want to make an API call, just like they do for visa or MasterCard or discover or any other credit card get a verified payment and move on.

It's a free market and everyone can choose what they want to. If you have a shop and want to accept crypto payments and keep all of the money in your own pockets, than watch a video or two on YouTube about how to set up BTCPay Server or contact their team for help if you can't handle it yourself. On the other hand, if you don't mind giving BitPay a share of your profits, use them.

Quote from: franky1 on May 26, 2024, 08:32:44 PM

this documentary was scripted wrote produced and edited by btcpay... so its an advert not a documentary

You can say that about many documentaries mentioning a service, product, person, place, item, tool, you name it.

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Quote from: Davidvictorson on May 25, 2024, 01:44:11 AM

Quote from: Pmalek on May 25, 2024, 01:22:30 AM

I thought the Nigerian Central Bank already lifted restrictions and eased up their negative stance on Bitcoin.

Nope. It even became worse with the government accusing cryptocurrency traders as frauds and then crypto exchanges as those responsible for the fall of the economy. Currently some CEXs - Binance and Kucoin are been ban from doing business in the country

Some centralized exchanges just like the ones you mentioned didn’t really do anything wrong in my opinion. Why they are being heavily criticized and regulated by the government is just because the government wants to profit off of these exchanges.

They are going to ban it but then after these exchanges give them all they require then they can continue business in the country. The government wants to protect but it will also do anything that can be beneficial financially and economically speaking.

franky1

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heres the 2 funny's

firstly. this documentary was scripted wrote produced and edited by btcpay... so its an advert not a documentary

secondly many smart people fear the blockstream/chaincodelab/brinks syndicate of centralisation, more then a multitude of different groups, businesses, users and miners

nicolas dorier is part of the blockstream group

choice and freedom is eroded when all options of nodes are from the same small group of devs pretending they are different

nicolas is no different than the core roadmap group, he is part of it.. and seen any option that opposes the core roadmap as a threat rather than a choice

JollyGood

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I have yet to view the video but will make time to watch it in one go. For those that use it and/or have studied about it, they know the significance of what BTCPay Server offers. They can use it as an alternative to third-party payment processors that take a percentage of the incoming amount or it can have other uses such as donations and more.

This is a link to a thread I created about BTCpay Server: A Real e-Commerce Game Changer? and it dates back to 2018. Hopefully those that found the information in this thread and the video of interest might find the above linked thread interesting too. I will try to watch it tomorrow and post again.

DaveF

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I use BTC pay and recommended to people.
Watched part of the documentary, will probably finish it this week.

However, this constant hatred BitPay is getting ridiculous.

They wanted to do their own thing and pushed it (so did a lot of other people) it's over they lost, move on.

They are now processing thousands upon thousands upon thousands of transactions a day for people. They have decent service, decent rates, and for a lot of people don't give a shit about cryptocurrency or Bitcoin or anything like that but just want to get as much money or as many customers as possible it's a good service.

People send BitPay crypto, and BitPay puts cash into people's accounts. All these self sovereignty services obviously can't do that. And recommending things like BTCPay to people who don't have the time or want to put in the effort to deal with crypto is ridiculous. They want to make an API call, just like they do for visa or MasterCard or discover or any other credit card get a verified payment and move on.

-Dave

Topic: BTCPay Documentary: My Trust In You is Broken (Read 317 times)