On 02/06/2015 12:59 AM, Roy Badami wrote: >> In this case there is no need for P2P communication, just pay to an >> address you already have for the other party. If you want to avoid >> address reuse, use stealth addressing. >> >> But yes, if you don't have a stealth address for the other party you can >> certainly communicate in private as peers where you trust that you share >> a public key. The core issue here is really bootstrapping of that trust >> in an ad hoc manner. > > Something interactive might still be nicer, though, to avoid the risk > of paying to an address that the payee no longer has the private key > for. "Nooo!! Don't pay to that address. I lost my old phone so I > generated a new wallet." Certainly, which brings us back to proximity. Which reminds me - it's important to keep in mind the scenario that arises when there is no person present to represent the receiver. Such as a vending machine purchase. Proximity in these cases is insufficient, as the receiver is not able to prevent application of a fraudulent NFC device or replacement of a static QR code. In these cases BIP-70 becomes essential. e