Author

Topic: Online payments and cryptocurrency (Read 182 times)

legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
July 18, 2018, 10:27:03 AM
#19
What you've just sort of summed up, to me, is that no matter the medium of exchange, if the method is centralized, if it requires you to trust a third party, then you are always vulnerable to fraud, mistakes, hackings.

That's the whole reason (well a big reason anyway) Bitcoin is so special. For the first time, we are in control of our funds. If we stopped using all those services you mentioned, and started using Bitcoin the way it was meant to be used. So maybe that should be the starting point.

Nothing short of acts of god or Deus Ex Machina would bring Bitcoin down.
legendary
Activity: 1988
Merit: 1317
Get your game girl
July 18, 2018, 10:08:01 AM
#18
The solution is to create an infrastructure where the parties exchange without intermediaries.
The service that offers the infrastructure is THE intermediary! Take localbitcoins for instance, it's totally a peer to peer platform but in case of an issue between two parties, the final decision is left to them. They act as facilitators between two parties. Unless the dependency of a centralised facilitator exists, it's difficult to achieve decentralization.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
July 18, 2018, 09:13:54 AM
#17
Not a lot of stores directly accept Bitcoin as of this moment, though there are sites like Newegg, which is my personal favorite even though they recently started collecting tax in my state. Bitcoin debit cards are definitely great for helping Bitcoin adoption along, and they allow you to purchase almost anything you can buy with a normal credit or debit card, but they do have limitations and KYC, etc that make them a bit difficult to use, especially for those who aren't as tech-savvy.

Lightning payments will help more vendors accept BTC in the future as well, with lower fees and quicker confirmations too. We just need to persuade more companies into accepting BTC too, and it's also a rung on the ladder of BTC possibly being used over fiat someday.
full member
Activity: 686
Merit: 146
July 18, 2018, 07:43:56 AM
#16
As we all know crypto currency is the next generation digital / virtual currency now its time to shift from fiats to crypto. We need to implement a procedure to introduce online crypto payment system just like VISA which will save lot of transaction fee for customers and also the transaction speed will help in getting money quickly which is very important in businesses.

There are many projects coming to the market and showing it's potential to grow bigger in the market mate. If you want to use the button now to get any day today products.
You will get the daily products on purse.io website other than this you may find many website which accepting Bitcoin for usage.

I don't think that now is the time to shift from fiat to crypto. Crypto still has a long way to go and fiat is still more convenient to use. In terms of payment, I would still prefer to have fiat over crypto because I won't be able to utilize crypto for regular usage. If I go to a small market tomorrow, I may not be able to use my crypto to purchase since small enterprises will have a hard time adopting and accepting crypto as payment.

There are many readily available online stores which allows you to use bitcoin such as suggested but I don't think it would be enough to totally eradicate fiat just for the moment.
hero member
Activity: 966
Merit: 513
July 17, 2018, 02:10:03 PM
#15
As we all know crypto currency is the next generation digital / virtual currency now its time to shift from fiats to crypto. We need to implement a procedure to introduce online crypto payment system just like VISA which will save lot of transaction fee for customers and also the transaction speed will help in getting money quickly which is very important in businesses.

There are many projects coming to the market and showing it's potential to grow bigger in the market mate. If you want to use the button now to get any day today products.
You will get the daily products on purse.io website other than this you may find many website which accepting Bitcoin for usage.
full member
Activity: 258
Merit: 104
July 16, 2018, 11:25:04 AM
#14
As we all know crypto currency is the next generation digital / virtual currency now its time to shift from fiats to crypto. We need to implement a procedure to introduce online crypto payment system just like VISA which will save lot of transaction fee for customers and also the transaction speed will help in getting money quickly which is very important in businesses.
newbie
Activity: 1
Merit: 0
July 16, 2018, 11:19:48 AM
#13
Every day thousands of people around the world make purchases online for tens of millions US dollars. The volume of online payments (debiting from a bank card, mobile phone account, e-money, etc.) is growing with a similar pace.

Payments in cryptocurrencies compete with traditional Internet banking, objectively possessing certain advantages over traditional payments.

Every day there are more and more online trading platforms where digital assets are accepted for payment along with Fiat money.

However, there is a high chance to meet among them fraud resources which benefit from the unsettled law in cryptoworld and abuse the trust of customers.

The solution is to create an infrastructure where the parties exchange without intermediaries.

☑️ This was the solution of STREAMITY project designed to protect the participants of the crypto community from the risks in cryptocurrency exchange. A key element of the system is StreamDesk, a decentralized application based on smart contracts that allows to exchange digital assets itselves and for Fiat money.

legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
July 16, 2018, 11:19:29 AM
#12
I don't know what Streamity is exactly, but I would question the "objective advantages" and their importance for the average person.  I've heard that bitcoin is a solution in search of a problem, and I kind of agree with that to an extent, even if I still think it's an excellent vehicle for investment (no listing requirement like in the stock market, can be traded instantly p2p, little government regulation). 

As a currency, I just don't see the advantage other than it's bankless and not issued by a government.  Those are big ones, but they're not enough to interest the average guy on the street who finds it easier to spend fiat.  And me?  I'd much rather spend my dollars for online transactions like eBay or Amazon.  I'll keep bitcoin in case it blows up. 
newbie
Activity: 116
Merit: 0
July 16, 2018, 10:59:26 AM
#11
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
What do you mean under smart-contrct secure


Smart-contract locks transferred crypto until the payment in fiat money is done. This method helps to prevent frauds.
Fair cryptocurrency pricing is an integral part of services. Rates are calculated in real time, aggregating the average weighted price from major cryptocurrency exchanges. Therefore, our users can confidently and securely exchange cryptocurrencies at fair market value. Our services allow users to enter the world of cryptocurrency investments seamlessly. We expect the majority of our customers to be active users of online payments systems.

share the link, pls
https://beta.streamdesk.io/
newbie
Activity: 196
Merit: 0
July 16, 2018, 10:58:51 AM
#10
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
What do you mean under smart-contrct secure


Smart-contract locks transferred crypto until the payment in fiat money is done. This method helps to prevent frauds.
Fair cryptocurrency pricing is an integral part of services. Rates are calculated in real time, aggregating the average weighted price from major cryptocurrency exchanges. Therefore, our users can confidently and securely exchange cryptocurrencies at fair market value. Our services allow users to enter the world of cryptocurrency investments seamlessly. We expect the majority of our customers to be active users of online payments systems.

share the link, pls
newbie
Activity: 116
Merit: 0
July 16, 2018, 10:58:08 AM
#9
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
What do you mean under smart-contrct secure


Smart-contract locks transferred crypto until the payment in fiat money is done. This method helps to prevent frauds.
Fair cryptocurrency pricing is an integral part of services. Rates are calculated in real time, aggregating the average weighted price from major cryptocurrency exchanges. Therefore, our users can confidently and securely exchange cryptocurrencies at fair market value. Our services allow users to enter the world of cryptocurrency investments seamlessly. We expect the majority of our customers to be active users of online payments systems.
member
Activity: 180
Merit: 10
July 16, 2018, 10:56:39 AM
#8
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
What do you mean under smart-contrct secure


Smart-contract locks transferred crypto until the payment in fiat money is done. This method helps to prevent frauds.
newbie
Activity: 27
Merit: 0
July 16, 2018, 10:55:24 AM
#7
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
What do you mean under smart-contrct secure
member
Activity: 322
Merit: 10
July 16, 2018, 10:53:43 AM
#6
How secure is exchange process at StreamDesk ?
Smart-contracts provide additional security to the cryptocurrency exchange process, in addition to the verification of users.
jr. member
Activity: 185
Merit: 3
July 16, 2018, 10:51:29 AM
#5
How secure is exchange process at StreamDesk ?
jr. member
Activity: 55
Merit: 1
July 16, 2018, 10:50:22 AM
#4
Every day thousands of people around the world make purchases online for tens of millions US dollars. The volume of online payments (debiting from a bank card, mobile phone account, e-money, etc.) is growing with a similar pace.

Payments in cryptocurrencies compete with traditional Internet banking, objectively possessing certain advantages over traditional payments.

Every day there are more and more online trading platforms where digital assets are accepted for payment along with Fiat money.

However, there is a high chance to meet among them fraud resources which benefit from the unsettled law in cryptoworld and abuse the trust of customers.

The solution is to create an infrastructure where the parties exchange without intermediaries.

☑️ This was the solution of STREAMITY project designed to protect the participants of the crypto community from the risks in cryptocurrency exchange. A key element of the system is StreamDesk, a decentralized application based on smart contracts that allows to exchange digital assets itselves and for Fiat money.

I have tried a lots way of  exchange. Everyone knows one popular exchanger. Don’t want name it. Service supports only bitcoins, Than exchange rates are far from reality and by the users . I don’t want  even mention about lack of secure.

Definitely. I remember another one where you can buy crypto for $ … but no opportunity to sell for fiat
I know who you talking about. Those guys support a dozen of cryptocurrencies.
newbie
Activity: 196
Merit: 0
July 16, 2018, 10:49:34 AM
#3
Every day thousands of people around the world make purchases online for tens of millions US dollars. The volume of online payments (debiting from a bank card, mobile phone account, e-money, etc.) is growing with a similar pace.

Payments in cryptocurrencies compete with traditional Internet banking, objectively possessing certain advantages over traditional payments.

Every day there are more and more online trading platforms where digital assets are accepted for payment along with Fiat money.

However, there is a high chance to meet among them fraud resources which benefit from the unsettled law in cryptoworld and abuse the trust of customers.

The solution is to create an infrastructure where the parties exchange without intermediaries.

☑️ This was the solution of STREAMITY project designed to protect the participants of the crypto community from the risks in cryptocurrency exchange. A key element of the system is StreamDesk, a decentralized application based on smart contracts that allows to exchange digital assets itselves and for Fiat money.

I have tried a lots way of  exchange. Everyone knows one popular exchanger. Don’t want name it. Service supports only bitcoins, Than exchange rates are far from reality and by the users . I don’t want  even mention about lack of secure.

Definitely. I remember another one where you can buy crypto for $ … but no opportunity to sell for fiat
newbie
Activity: 116
Merit: 0
July 16, 2018, 10:48:03 AM
#2
Every day thousands of people around the world make purchases online for tens of millions US dollars. The volume of online payments (debiting from a bank card, mobile phone account, e-money, etc.) is growing with a similar pace.

Payments in cryptocurrencies compete with traditional Internet banking, objectively possessing certain advantages over traditional payments.

Every day there are more and more online trading platforms where digital assets are accepted for payment along with Fiat money.

However, there is a high chance to meet among them fraud resources which benefit from the unsettled law in cryptoworld and abuse the trust of customers.

The solution is to create an infrastructure where the parties exchange without intermediaries.

☑️ This was the solution of STREAMITY project designed to protect the participants of the crypto community from the risks in cryptocurrency exchange. A key element of the system is StreamDesk, a decentralized application based on smart contracts that allows to exchange digital assets itselves and for Fiat money.

I have tried a lots way of  exchange. Everyone knows one popular exchanger. Don’t want name it. Service supports only bitcoins, Than exchange rates are far from reality and by the users . I don’t want  even mention about lack of secure.
member
Activity: 322
Merit: 10
July 16, 2018, 10:39:02 AM
#1
Every day thousands of people around the world make purchases online for tens of millions US dollars. The volume of online payments (debiting from a bank card, mobile phone account, e-money, etc.) is growing with a similar pace.

Payments in cryptocurrencies compete with traditional Internet banking, objectively possessing certain advantages over traditional payments.

Every day there are more and more online trading platforms where digital assets are accepted for payment along with Fiat money.

However, there is a high chance to meet among them fraud resources which benefit from the unsettled law in cryptoworld and abuse the trust of customers.

The solution is to create an infrastructure where the parties exchange without intermediaries.

☑️ This was the solution of STREAMITY project designed to protect the participants of the crypto community from the risks in cryptocurrency exchange. A key element of the system is StreamDesk, a decentralized application based on smart contracts that allows to exchange digital assets itselves and for Fiat money.
Jump to: