LowPowerLab Forum

Hardware support => General topics => Topic started by: vk3jap on April 29, 2018, 04:44:39 PM

Title: WebStore - Accept CryptoCurrencies
Post by: vk3jap on April 29, 2018, 04:44:39 PM
Hey Felix..

just a suggestion.. on the webstore..:

It would be good if people could purchase using Cryptocurrencies ! Maybe just the top few - BitCoin, Ether, LiteCoin, DogeCoin, DASH, Monero etc. I would happily pay a premium to pat this way - ie cover your side of the conversion to USD$ if you want.

I also think you should make it that people can send you a donation!!!! You're doing awesome work here.. as I have mentioned before, I would happily tip you some Doge or LiteCoin for your efforts. Perhaps add a SKU to your website - 'buy Felix a Coffee' - make it $5USD.

Title: Re: WebStore - Accept CryptoCurrencies
Post by: Felix on April 30, 2018, 10:04:51 AM
Hi vk3jap!

Hey I appreciate the suggestion, I think it's been suggested before.
I am not sure how to deal with cryptocurrency though.
Perhaps unfortunately, I have to confess I am not a firm believer in crypto stuff. I've spent a fair bit of time trying to understand the economics of cryptocurrency and while it's a neat motivation and idea behind it, I think its too volatile both in value and market sustainability, and still not widely accepted.
All my suppliers are paid in $(USD) and don't accept any crypto. While a crypto donation would be different (but see below) I prefer (at least at the moment) any webstore transactions in USD.

QuoteI also think you should make it that people can send you a donation!!!!
I used to have a donation button in the about section but I removed it. I would like to send something in return for a donation token, so anyone wishing to "donate" can/should buy a product and that will be appreciated while also giving something in return. Buying something directly from my store is the best way to support my efforts.
Title: Re: WebStore - Accept CryptoCurrencies
Post by: vk3jap on April 30, 2018, 10:08:16 AM
You set it up such that you get it in USD. Do a little learning on FIAT currency and FRACTIONAL reserve banking...and Mike Moloneys hidden secrets of money...see how you feel then 😁
Title: Re: WebStore - Accept CryptoCurrencies
Post by: Felix on April 30, 2018, 10:17:24 AM
:) What is the difference if I get it in USD? I already do get USD :D
Title: Re: WebStore - Accept CryptoCurrencies
Post by: vk3jap on April 30, 2018, 10:19:24 AM
It's a bigger discussion..😀 is it an easy payment method to add.?  OpenCart?
Title: Re: WebStore - Accept CryptoCurrencies
Post by: Felix on April 30, 2018, 10:22:38 AM
I really don't know how easy it is. Yes opencart core. Unfortunately I don't have the time now to look into this.
Title: Re: WebStore - Accept CryptoCurrencies
Post by: vk3jap on April 30, 2018, 10:26:43 AM
Oh, too easy it seems : https://www.opencart.com/index.php?route=marketplace/extension/info&extension_id=22663&filter_license=0&filter_download_id=18

All good..just making a suggestion..I wonder what the interest is.
Title: Re: WebStore - Accept CryptoCurrencies
Post by: Felix on April 30, 2018, 10:43:59 AM
Some hefty requirements though:

REQUIREMENTS

1. bitcoind (this step requires the root access to install it)
2. 50Gb of free disk space (os + block chain + website data)

I really don't plan for my backups to increase by 50GB  :-\
Title: Re: WebStore - Accept CryptoCurrencies
Post by: perky on April 30, 2018, 05:24:26 PM
Nah, it's 50 gigabits ;) I always get worried when people who are supposed to know real complex technical info get simple things like this wrong (unless they really do mean bits)
Title: Re: WebStore - Accept CryptoCurrencies
Post by: Felix on April 30, 2018, 06:20:10 PM
Oh well .. it's only an 8X difference !  ;D
Still it's larger than the current backup. If this was 6.25MB ... then maybe it might pass as the largest extension I can think of, but only if it was the most awesome ;)