Hacker News new | ask | show | jobs
by sgeisler 2554 days ago
Let's see if they will allow non-custodial wallets for libra, that might make them the catalyst that enables real world bitcoin payments. There could be a service that pays libra invoices for you if you send them bitcoins. If this happens automated/transparently in wallets that would be a big step forward. Let the POS terminal tell you which currency it wants and your wallet will send it. If they want USD send libra, if they want BTC send BTC via lightning. Switching from accepting USD to BTC would become seamless (e.g. in case of increasing inflation).
1 comments

Something tells me the calibra wallet will be the only wallet authz and it will be no different than your paypal app both as functionality and flexibility. As far as bitcoin is concerned it has no place in the payments world. It's a flawed coin for payments due its volatility.