Topic: E-bay ,paypal - page 4. (Read 4552 times)
they don like bit coin
I have today spoken to e-bay about protection for bitcoin sellers .
The representative outlined their concerns with digital items including ,games ,antivirus software .
They can offer protection for physical goods because they know how to track postage and that the buyers actually received the goods bought .
But any virtual,digital goods are impossible to track so they blanket do not protect these transactions .
You can put up adverts and sell but if you have a dispute or your advert reported it is likely to end in your adverts being taken down and a warning of some sort issued .
I explained that unlike other digital items the protocol behind bitcoin is an official record of every transaction of every bitcoin transfered from one address to another and that they could turn paypal and ebay into an acceptable place to sell bitcoin simply by understanding and accepting blockchain.info as an official record of bitcoin transactions .
I explained that if they implemented a policy that officially recognised blockchain info as a receipt and proof of transaction they could protect buyer and seller .
paypal protects buyer .
Blockchain protect seller .
I also explained that the other option was to sell on localbitcoins.com but they need you to have a margin of one bitcoin to trade there which currently stands at around $900 /600pounds which is to much for small players .E-bay which has currently no minimum would therefore be preferable with a minor tweek in policy .
I would like the help of the community to turn paypal and ebay into bitcoin friendly environments .
The more people that phone ebay /paypal asking for blockchain info to be recognised as an official form of ledger to prove the seller transfered the coin to the address supplied by the buyer ,the more likely they are to implement this policy .
All we need is people to pick up the phone and request blockchain info be official proof of transaction .
I do not think their is a big conspiracy against bitcoin they currently do not know how to track transactions ,please let them know .
Thank you peeps .
The representative outlined their concerns with digital items including ,games ,antivirus software .
They can offer protection for physical goods because they know how to track postage and that the buyers actually received the goods bought .
But any virtual,digital goods are impossible to track so they blanket do not protect these transactions .
You can put up adverts and sell but if you have a dispute or your advert reported it is likely to end in your adverts being taken down and a warning of some sort issued .
I explained that unlike other digital items the protocol behind bitcoin is an official record of every transaction of every bitcoin transfered from one address to another and that they could turn paypal and ebay into an acceptable place to sell bitcoin simply by understanding and accepting blockchain.info as an official record of bitcoin transactions .
I explained that if they implemented a policy that officially recognised blockchain info as a receipt and proof of transaction they could protect buyer and seller .
paypal protects buyer .
Blockchain protect seller .
I also explained that the other option was to sell on localbitcoins.com but they need you to have a margin of one bitcoin to trade there which currently stands at around $900 /600pounds which is to much for small players .E-bay which has currently no minimum would therefore be preferable with a minor tweek in policy .
I would like the help of the community to turn paypal and ebay into bitcoin friendly environments .
The more people that phone ebay /paypal asking for blockchain info to be recognised as an official form of ledger to prove the seller transfered the coin to the address supplied by the buyer ,the more likely they are to implement this policy .
All we need is people to pick up the phone and request blockchain info be official proof of transaction .
I do not think their is a big conspiracy against bitcoin they currently do not know how to track transactions ,please let them know .
Thank you peeps .
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