[Noisebridge-discuss] Bills to Bitcoins

[Tom Longson (nym)]

Once a bill is verified by the bill validator and a selection is made
(donation vs buy btc), you could print all the necessary info on the
receipt for the buyer to redeem later via a web interface ala easywallet's
coupons, via mtgox or another common platform.

 The price could be fixed to mtgox + 2% to noisebridge or something...
considering how the value is going up, it could be good for noisebridge and
noisebridgers alike to invest small amounts of money, especially
considering the value is up 25% from the beginning of the
month<http://blockchain.info/charts/market-price?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=>.
Holy crap.

Cheers,
Tom Longson
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CUPCAKES!! http://www.cupsandcakesbakery.com/


On Wed, Oct 3, 2012 at 6:48 PM, Brian Cloutier
<briancloutier2010 at gmail.com>wrote:

> > do you wait the 20 minutes for 2 block confirms before displaying an
> indicator?
>
> For small transactions you can be 'pretty damn certain' double spending
> won't happen by just waiting 10 seconds for a conflict.
>
> If you want it to be instant, which you probably don't, I've got a service
> which will verify transactions very quickly and insure verified
> transactions against double-spending, for a small fee.
>
> - brian
>
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