Third party or do it yourself. Accepting Bitcoins on Websites.

marty.lee

newbie

Activity: 37

Merit: 0

Quote from: NothinG on September 05, 2011, 12:58:57 AM

Quote from: marty.lee on September 05, 2011, 12:56:22 AM

Quote from: NothinG on September 05, 2011, 12:54:23 AM

Setup JSON-RPC support for your site.

I understand how to accept, but I was wondering is it better to trust someone else to do this for us with a more advanced and proven method, or should I do it myself.

Kind Regards,
Marty Lee

If you're trying to support a growing site, use a third-party.
If you're wanting to be secure and not have someone else monitor your payments...do it yourself.

It's a per-person,per-basis situation.

Thanks, I think I will go with accepting my own payments

NothinG

hero member

Activity: 560

Merit: 500

Quote from: marty.lee on September 05, 2011, 12:56:22 AM

Quote from: NothinG on September 05, 2011, 12:54:23 AM

Setup JSON-RPC support for your site.

I understand how to accept, but I was wondering is it better to trust someone else to do this for us with a more advanced and proven method, or should I do it myself.

Kind Regards,
Marty Lee

If you're trying to support a growing site, use a third-party.
If you're wanting to be secure and not have someone else monitor your payments...do it yourself.

It's a per-person,per-basis situation.

marty.lee

newbie

Activity: 37

Merit: 0

Quote from: NothinG on September 05, 2011, 12:54:23 AM

Setup JSON-RPC support for your site.

I understand how to accept, but I was wondering is it better to trust someone else to do this for us with a more advanced and proven method, or should I do it myself.

Kind Regards,
Marty Lee

NothinG

hero member

Activity: 560

Merit: 500

Setup JSON-RPC support for your site.

marty.lee

newbie

Activity: 37

Merit: 0

Who do you trust. In the words of satoshi (however you spell it)

Quote

What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.

But we rely on systems like bitcoin payflow and other payment processers like mybitcoin, and as we have seen our trust may have or may not have been in the wrong places. Should we just accept payments ourselves or do we trust 3rd parties with our payment needs. I feel that this has defeated the essence of bitcoins which is to take trust out of the equation and rely on proof alone.

Kind Regards,
Marty Lee

Topic: Third party or do it yourself. Accepting Bitcoins on Websites. (Read 625 times)