Idea of the day:
eBay, but with bitcoin.
A peer-to-peer marketplace where someone posts a picture and description, creates an invoice, and whoever pays it first gets that item shipped.
Main issue would be making sure the seller holds up their end of the deal. To combat this, we could use something similar to BISQ where both sides deposit bitcoin into a wallet until both sides are satisfied.
#ideas #introductions
how do you prevent buyers who don't mark it as received? how do you prevent sellers who don't have the items?
Similar to BISQ. Both parties deposit an equal amount of bitcoin into a wallet held within the app. Once both parties sign off on it, the funds are released.
I’m not entirely sure of the dispute process on BISQ but I wouldn’t imagine it’d be that difficult to get started.
Charge every user a flat rate in SATS for using the platform to help fund that type of structure.
It existed, it was called OpenBazaar.
Shitcoinery, bad implementation and coming too early killed it.
I feel like many projects failed because they created their own tokens.
The lightning network has allowed people to use bitcoin for these types of applications without creating their own bullshit tokens.
The future is very bright. ⚡️
I don't remember very well the history, but I think that they accepted Bcash for lower fees. Don't remember them using their own token.
Oh so they didn’t have their own token? I must’ve misread.
It seems like new bitcoin apps are being built every single day so it’s only a matter of time.
I just hope people will choose the decentralized platforms vs the easiest ones.
