From: Drak <drak@zikula•org>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Proposed BIP 70 extension
Date: Tue, 24 Jun 2014 18:37:02 +0100 [thread overview]
Message-ID: <CANAnSg3iyh9m3mu0Mx6sSWiuEd=owZQz=QJm0OzMrCtM7WgKqQ@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP3iyQ9zQ+hDnooxrjdBO+_Fj+nAkK1Skgk+Gb4gkidPhQ@mail.gmail.com>
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Seems like a nice idea.
On 24 June 2014 14:27, Mike Hearn <mike@plan99•net> wrote:
> Coinbase have started allowing merchants to set discounts for purchasing
> with Bitcoin. Seeing an individual discount is not very motivating as they
> tend to be small. Seeing them stack up over time can be more motivating
> because it feels like free money. Many businesses exploit this effect with
> loyalty points, etc. Bitcoin should do this too - show the user how much
> they're saving by using Bitcoin instead of credit cards.
>
> I suggested to Charlie Lee (who pushed this through at Coinbase) and
> Stephen Pair the following minor BIP 70 extension:
>
>
> message PaymentDetails {
> // Size in satoshis of any discount provided by the merchant ONLY
> // because the user chose to pay using Bitcoin or other similar
> // digital currency. Other kinds of discounts, loyalty bonuses and
> // so on should not be recorded here, rather they could be mentioned
> // in the memo field. This field exists so wallets can show the user
> // a running total of how much money they have saved by avoiding
> // credit cards and bank payments; the goal is to encourage people to
> // use Bitcoin. Putting other kinds of discounts here would make the
> // running total calculated meaningless; so don't do it!
> optional uint64 currency_usage_discount_size = 8;
> }
>
> Wallets would then be able to persist this data to disk and compete on
> cool visualisations for how much money you saved over time.
>
> We haven't formalised how to extend BIP 70 yet, that's my fault. We should
> do that. In the meantime, what do people think of this proposal?
>
>
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prev parent reply other threads:[~2014-06-24 18:02 UTC|newest]
Thread overview: 20+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-06-24 13:27 Mike Hearn
2014-06-24 14:21 ` Jeff Garzik
2014-06-24 14:24 ` Mike Hearn
2014-06-24 14:32 ` slush
2014-06-24 15:06 ` Mike Hearn
2014-06-24 15:15 ` Gmail
2014-06-24 15:48 ` Jeff Garzik
2014-06-24 19:00 ` Gmail
2014-06-24 19:34 ` Andy Alness
2014-06-24 20:12 ` Gavin Andresen
2014-06-24 20:28 ` Gmail
2014-06-25 8:25 ` Mike Hearn
2014-06-25 13:33 ` Jorge Timón
2014-06-25 18:10 ` Jeff Garzik
2014-06-25 14:15 ` slush
2014-06-25 16:03 ` Gmail
2014-06-24 18:34 ` Roy Badami
2014-06-24 15:43 ` Andreas Schildbach
2014-06-24 15:59 ` Mike Hearn
2014-06-24 17:37 ` Drak [this message]
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