Send Bitcoin to anyone with a Twitter account
bitcointipper.com
bitcointipper.com
There are too many spam variants of "Free money! Claim it here!" which might make people cautious and never even try to claim.
Work out how to solve this, and I think you'll be good to go!
I wonder if the tipper can get unclaimed money back.
http://blog.gittip.com/post/35057426257/stolen-money-on-gitt...
The cash in your hand doesn't care where it's go and what kind of business it helps facilitate. Credit companies can be politically pressured, worry about the bottom line, and block payments, and so on.
Once the owner of the CC realizes that its been stolen, the CC company will issue a chargeback. If the money has already been withdrawn by the attacker, you lose. Chargebacks can happen three or four months from the date of the charge, so there's no way to effectively "hold" the charge for that long before allowing users to withdraw their money.
BTC, on the other hand, is an irrevocable transaction.
If you look into it the only thing bit coins have going for them is pseudo anonymity. You can't use them for vending machines as you can revoke transactions in the short them and nobody want's to wait 20 minutes for there soda with the same problem showing up on any fast transaction. You also have no protection vs a lost wallet.
Sure, don't put your vending machine in the ghetto. But an upscale mall should be fine.
[1] actually copy
In the CC world, the liable party isn't the card holder or the CC company, but the merchant. Chargebacks make services where money is transferred from one person to another extremely difficult to operate. Your service will be eaten alive by fraud unless you invest heavily in fraud detection, ratchet it up to the max, and hope that you have the volume to cover the attacks that still slip through. This is, in part, the recipe that leads everyone to hate PayPal.
In the BTC world, however, there is no risk to the service. There's no need for a fraudster to even use the service: if they've stolen someone's BTC private key, they already have the money.
If you give it to someone, you can't do any kind of automatic charge-back (lead pipes still work of course). You can't give the same cash to someone else (double-spending, easy with checks). You can't give someone cash you don't have (no debt / bounced checks). No transaction fee (technically. in practice, there may be none, or a very-tiny one compared to the amount transferred). No drivers license / social security number / home address required for either participant.
Now imagine if you could send cash over the internet, to anyone. There are some extra tidbits (Bitcoin comes with a 'coin use history' essentially - all transactions are public knowledge, though the participants are anonymous. and other differences.), but that's basically the appeal.
> ...a bitcointipper account will be automatically created for them.They can leave the bitcoins in their account or withdraw them to a bitcoin address .
So if the user does not claim, you're not returning it, but presumably claiming it for yourself after a certain timeout. This doesn't sound very honest.
It's going to be amusing if the value of Bitcoin skyrockets, and people look back at how much the Bitcoin tips they never claimed would be worth...
What benefits does your service offer over someone doing this?
Because Bitcoin Tipper works through Twitter , it also has a social purpose. The person receiving the donation knows who gave it to them. Instead of seeing a Bitcoin address , they see a person. The person who giving the donation can publicly state ," I support this person and value their contribution " .
My favorite extra function is that you can use "internets" to tip bitcents.
"+5 internets verify" will send 0.05 BC to the recipient. Cracks me up.