Replies (41)
Is the delay a problem?
Could use a demo - sounds like this could replace Bisq
the price of freedom. the more people use it the better it should become.
A very sly roundabout way! 🔥 wow
Wow that’s really cool!
Thats awesome
We have something similar in Poland -
@BitBlik
It works more or less the same, but is built on the Blik system that's very popular here in Poland. The only difference is that it uses 6-digit codes instead of QRs.
First world problems... We need e-pay solutions like this so we can do this in western countries too.
QR Pay = anonymously delegated pay.
In Poland (come for
@Bitcoin FilmFest in June!) you can spend sats anywhere using
@BitBlik. Tell the merchant that you want to pay with blik and use the app. There is literally a race between takers for every offer that comes up, even though there's still only handful of users. Usually it takes seconds for the offer to be taken and 1-2 minutes to be settled. We like non-KYC corn here.
well, isn't this better than having to buy bitcoin in places where they ask for KYC?
Love to see these new use cases!
This is fucking cool. Want to buy something with BTC at a store that doesn't accept BTC? No problem, ring up a proxy buyer who wants the BTC and is willing to pay the store for you in fiat. It says that it only takes a couple of minutes to find a match.
This kind of system would be perfect for Monero, then the risk of unknowingly acquring dirty coins would be eliminated.
View quoted note →I needed exactly this in Paraguay and especially Uruguay. Please bring it over.
View quoted note →This is insane!! Why does this not exist everywhere! This is so necessary and desirable everywhere!
👍🏼👍🏼👍🏼
Pretty amazing. Wouldn’t it be better though (for opsec and tax reduction) that the fiat pleb pays the fiat bill, and the bitcoin pleb sends the bitcoin to the fiat pleb?
I'm totally for it, I'm just trying to understand how you can be in a checkout line and once the cashier presents you with a bill, you have to wait 1-2 minutes to pay.
Otherwise I think the idea is brilliant. I wonder if this could be applied to online purchases. If I want something off from Amazon, and someone else wants my sats, this would seem to work great.
It's early days but amazing! +1min is too slow at POS but get that down to 30s ... on self checkout counters ... with higher success rate, that's viable!
Success rate is under 80%, too.
What's that? You have a taker in seconds but he then spends minutes to execute? That needs automation. Fiat payers should have median time to execute measured so bitcoiners can filter slow agents.
There was a platform called purse.io that did a similar thing.
It was over Amazon though.
I liked it a lot and it worked pretty well.
It's no longer around, for whatever reason...
This is genius
Let’s do this. Love to hear of bitcoin adoption. Especially in Thailand.
calle
What if you could pay with Bitcoin — but anywhere? PlebQR is the killer Bitcoin app in Thailand.
An incredible alignment of different interests: one pleb wants to buy something in a store with Bitcoin, another pleb wants to stack sats. PlebQR is a pleb-to-pleb Bitcoin exchange that's basically unstoppable. The platform connects product buyers with Bitcoin stackers.
Here's how it works: you (the Bitcoiner buying a product) scan the ubiquitous Thai fiat QR payment code and upload it to the PlebQR platform. You then pay a Lightning invoice, wait 1-2 minutes for a match, and some pleb out there looking to buy BTC pays your fiat QR and receives your Bitcoin. Everybody happy.
I just bought a pair of sandals and a shirt and some guy got to stack my non-KYC sats at a pretty good rate.
I love Bitcoin when it shines like this. Bitcoin is the money of the future and we don't need the old world's permission to make it work. Big respect to the Thai Bitcoiner community.
This is an amazing idea! I always knew that this FIAT QR-Code payments are good for something. :-)
As a taker I receive a notification almost instantly, when the order is created. From the moment I take the order, I have 45 s to provide the code. This is just enough time to get the code from the bank app and paste it to the offer, while switching between the apps. The maker receives the code and provides it to the merchant – verbally or by entering it to the POS device. This works basically everywhere now, also online, also in ATMs. Many brick and mortar shops have self-service checkouts.
At what point could it be improved, in your opinion?
nostr could certainly help there
That is bonkers 🤣 And I love it
Coming up with ideas like that is soooo cool.
What’s the volume? Must have to be high in order to reduce wait times, especially if you’re at a shop counter?
I am realizing that a taker/scammer could take an order and use the code to withdraw the money from an ATM right before providing the code to the maker. It would be difficult to prove the scam because the taker could show proof from his bank that the money was withdrawn.
It seems especially risky with orders of round figures in PLN that can be withdrawn at the ATM.
@BitBlik Is there any way to prevent this kind of scam?
This could be discouraged with reputation mechanism but it seems that the app encourages creating a new identity for every order, which impedes establishing reputation.
Is it possible to integrate that to NOSTR?
- i publish my fiat qr code
- someone random pays for it
- gets my btc
- we rate each other
Integrated in a zap wallet inside a nostr client:
- i want to buy some sats for my wallet
- my wallet shows me: „3 seconds ago someone offered 5.600 Sats because he is about to pay for his chai latte, do you want to make this deal and send some fiat?“
- i press hell yes and get my sats
Is this achievable?
Yes. The maker will receive a receipt from the ATM showing that the BLIK code is invalid (if the taker/scammer did use it already).
We will have reputation mode also in the future, when we fully implement
@npub1m0st...40un protocol, so user will be able to choose. Also planned is choice of offer type: physical store/ ATM / ecommerce good / online bill payments.
