@NickSzabo n.b. The above quote is from Bitcoin core developer Gregory Maxwell (nullc).
Dialog between censored merchant, Coinbase, etc. re: BTC/fiat exchange.
https://www.reddit.com/r/Bitcoin/comments/3u5b1d/my_exchange_with_coinbase_ceo_brian_armstrong/ …
ht @kristovatlaspic.twitter.com/OZHXU6fEzT
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@kristovatlas it's seems like we made full circle, and I think we should change the business model to consulting not a MITMThanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@kristovatlas Interesting comment.Don't understand original issue; merchant implied BTC only transaction. Why a bank involved? -
@jiceman@nickszabo4 Coinbase treats their bitcoin-only clients like bank clients, sometimes.
End of conversation
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@NickSzabo4 1/ interesting self-correction property: "me-too" impl. will use 3rd party and will be just a boring rehash of legacy models. -
@NickSzabo4 2/ radical new models(not possible on the old stack) will do it natively, and probably capture lion shares of the future market
End of conversation
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