Big Barry Bitcoin on Nostr: I like that there is more thought about giving the recipient what THEY want. It does ...
I like that there is more thought about giving the recipient what THEY want.
It does require the recipient to advertise their preferred mints, but it improves the trust element of ecash payments.
Another concern I have had in the back of my mind is the idea that ecash is good for service credits. If the ecash that the service provider accepts is their own, then you're really paying them up front. It means that I'm not paying micropayments for streaming Netflix for example, I'm just using the credits that I bought.
The only way to solve against this is to create dual-trusted mints, I. E. MasterCard?
It does require the recipient to advertise their preferred mints, but it improves the trust element of ecash payments.
Another concern I have had in the back of my mind is the idea that ecash is good for service credits. If the ecash that the service provider accepts is their own, then you're really paying them up front. It means that I'm not paying micropayments for streaming Netflix for example, I'm just using the credits that I bought.
The only way to solve against this is to create dual-trusted mints, I. E. MasterCard?