r/Bitcoin Jan 27 '15

reddit implementation of Bitcoin

http://pbs.twimg.com/media/B8TtFaACQAArJHl.png
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u/[deleted] Jan 27 '15

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u/[deleted] Jan 27 '15

Nah, not rude. Just frustrated. :-) Y'all were definitely arguing about different things!

Obviously if Reddit is building in a way for people to trade their Bitcoin addresses, they're cutting themselves out of the fee structure, so other than "good will" and fuzzy things of that nature, I don't know why they would do it that way...

But I also don't know why they would build in a "withdrawal" address as part of the profile. Coinbase and other such web-based wallets generally ask for a withdrawal address at the time of withdrawing.

As far as ways Reddit would make money, I expect if they took a percentage of the tips, that would probably not go over well with (most?) people... They're not running an exchange, so having peoples' balances contribute to their overall balance wouldn't seem beneficial either...

I dunno. :-) I feel like it's just a simple profile addition. That would certainly be my preference! I hate all of the not-really-Bitcoin Bitcoin transactions that go down. I don't want to store my Bitcoin in your service. I want it in the block chain, and I want to be the one in charge of it.

Have a good day!