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W3C Sets Up Web Payments Standards Group To Improve Check-Out Security
campuscodi writes to note that the World Wide Web Consortium has launched a Working Group to help streamline the online "check-out" process and make payment by internet easier and more secure. The proposed standards will support a wide array of existing and future payment methods, including debit, credit, mobile payment systems, escrow, and Bitcoin and other distributed ledger technologies. The group estimates that the new payments API will reach browsers by the end of 2017. For more details, you can consult the Web Payments Working Group Charter, and the group's wiki FAQ page.
Anyone with a Internet-connected computer or smartphone can have multiple Bitcoin wallets. It's filling them that's the problem.
Here's a website where you have a chance to win up to USD$200 worth of Bitcoin every hour, for free!
I much prefer this one, the prizes may be tiny in comparison but the game is fun to play.
In 10 to 15 years we'll have a standard.
This won't help the poor and needy people who don't have access to debit cards and bitcoin wallets.
We should force rich CEOs to give out debit cards from their bank accounts, so that everyone can be free. It's only fair.
Some states offer a debit card interface for unemployment and food stamps.
What payments challenges are of interest to W3C?
7. Merchant interest in loyalty coupons and other commerce tools, as well as smoother integration of payments into buying patterns that include search and social;
One of the primary goals of this initiative is to make it easier for merchants to track purchases and payments. Or for parties like google to profile you.
This initiative is not intended to benefit the consumer. It is all about benefitting big money interests.
I say that we should fix the real problem. The real problem is that I have to give my credit card number, or debit card number, or bank routing information to the store that I want to make a purchase from. I would much prefer to have a system, more like PayPal, where I can authorize a payment to an online store and not give them any information that would allow them to access my account to create further payments.
As soon as I submit my credit card number to a store, there's any number of things that could go wrong after that time that would cause my account to become compromised. Doubly so for things like debit cards or account routing information that would cause me to lose money from my actual account.
I'm not saying that PayPal should take over. However, there should be a standard way to make a one-time payment from any financial institution and it should work similarly to PayPal in that the money gets transferred to the seller without giving them any information that could be used to make another transaction that isn't verified by me.
Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
Which is the part about bitcoins which is scary. All those questionable bitcoin sources. I had did some calculation, you wouldn't even make minimum wage with these things.
Legit sources of Bit Coins will also offer you normal cash. Which is often still easier to deal with in the real world.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
The goal of these things isn't to make minimum wage, it's to be able to get free fractions of bitcoins in the hopes that it ever gets much higher than it is right now. It did get from 14 cents up to 1200 dollars once, so we never know what might happen in the future.
For about 20 years we've been begging users not to hit the submit button more than once, we've been hacking up javascript to hide the submit button, disable the submit button, and so on...
Can we please just add an attribute to HTML5.1 or whatever this will be in that indicates that the element should disable itself after use? I just discovered that onclick="this.disabled=true; dosubmissionthing();" will not, in fact, disable the button immediately and Chrome will queue up a second click if a customer double-clicks hard enough on a slow and shitty computer, because the DOM isn't updated until the handler is finished. I propose an attribute once (or once=once for the pedants): Prior to handling any other user requests, the User Agent SHALL set disabled to true for the element, then execute its onclick handler and/or default action if any. The attribute should be valid for any element that may have either an onclick event handler (eg almost all of them) or a default action (a,input[type=submit],input[type=image],etc)
If for some reason the user should need to use that element again, the element can have disabled set back to false.
This is something that honestly should have been done decades ago. Now is the time to fix it rather than expecting everyone to continue to halfass it in javascript incorrectly.
When BTC opened up to the world, I mined 48 (I'm pretty sure) BTC on a headless box that chugged away in my 'server closet.' Rather than deal with the taxes, I simply donated them to EFF. They were worth some $11,000+ (total) when I donated them. I'm not sure when/if they cashed them in.
Yes, tax avoidance is legal. Tax evasion is illegal. I didn't feel like dealing with putting them on my tax statements which would be public information and subject to scrutiny as I'm running for the State Senate in 2016. No, the donation will not be written off. Yes, this is legal. No, I don't feel it is immoral.
Anyhow, if the spikes happen and one pays attention (and is not in dire need for funds with an immediacy) then they may well work out for a select few. I'd actually completely forgotten about the BTC's that I'd mined - like completely and totally forgotten until someone here mentioned how much they were worth. I have no idea how long they'd taken to mine. The server had been powered down for years. However, it's not like you can't do other things besides mine them - you don't have to sit and watch the server. It works on its own once configured.
"So long and thanks for all the fish."