On 6/16/2014 8:48 AM, Mike Hearn wrote: > In practice of course this is something payment processors like Bitpay > and Coinbase will think about. Individual cafes etc who are just using > mobile wallets won't be able to deal with this complexity: if we can't > make native Bitcoin work well enough there, we're most likely to just > lose that market or watch it become entirely centralised around a > handful of payment processing companies.
I have trouble seeing how could the real-time anonymous payments market can be cleanly separated from everything else. If trusted third parties become the norm for that market, there will inevitably be a huge overlap effect on other markets that bitcoin can serve best, even today. I don't see how any currency, any cash, can concede this market. ------------------------------------------------------------------------------ HPCC Systems Open Source Big Data Platform from LexisNexis Risk Solutions Find What Matters Most in Your Big Data with HPCC Systems Open Source. Fast. Scalable. Simple. Ideal for Dirty Data. Leverages Graph Analysis for Fast Processing & Easy Data Exploration http://p.sf.net/sfu/hpccsystems _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
