Re: Just off the wire

On 11/1/14 5:49 AM, Rene Bartsch wrote:
> Am 2014-11-01 01:25, schrieb Pindar Wong:
>> http://www.coindesk.com/wc3s-web-payments-redesign-bypass-bitcoin/ [1]
>>
>>
>> Links:
>> ------
>> [1] http://www.coindesk.com/wc3s-web-payments-redesign-bypass-bitcoin/
>
>
> Current payment systems have 4 drawbacks:
>
> - Fragmentation of currencies (USD, EUR, ...)
> - Fragmentation of payment providers (PayPal, Mastercard, VISA, local 
> banks, ...) with different concepts and data sets
> - Manipulation of accounts
> - Only trustee accounts
>
> The complexity of (currencies x payment providers = oo) renders 
> existing payment systems unusable in a global network. I don't see a 
> chance to pack all that currencies and payment providers with 
> different systems into one API/GUI. It doesn't solve the manipulation 
> of accounts, either.
>
> A Bitcoin wallet integrated into browsers on the other hand solves all 
> three problems:
>
> 1. Users buy Bitcoins and transfer them to their browser wallet -> 
> only one currency
> 2. Blockchain -> ONE global payment system ANYONE can join
> 3. Blockchain -> no manipulation of accounts/malicious trustees
>
> Considering the "ambitious" interest group roadmap I suggest 
> partnering up with Mozilla to integrate a Bitcoin wallet into Firefox 
> and show the W3C what's technically possible.

Why just Firefox? Why not all browsers?



-- 
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Kingsley Idehen	
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