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Topic: KICKSTARTER: Bitcoin: The End of Money As We Know It (Read 695 times)

legendary
Activity: 882
Merit: 1000
Kickstarter's payments work entirely on the premise that they can autocharge upon hitting the goal but Bitcoin can't do automatic charges, transactions are initiated on the payer side and not the payee side.

Erm? Did you even click the link? The link was for a documentary about bitcoin and how it's killing off traditional currencies; not for a payment method for kickstarter.

Actually, kickstarter payments could very easily work with bitcoin. Kickstarter could act as an escrow. If goal isn't reached / whatever, the coins are sent back. Honestly, it's not a very hard concept.
sr. member
Activity: 434
Merit: 250
Kickstarter's payments work entirely on the premise that they can autocharge upon hitting the goal but Bitcoin can't do automatic charges, transactions are initiated on the payer side and not the payee side.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
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