726 karma · joined January 5, 2012
POS will not work. you need to back Bitcoins value with something, and its electricity. Gov backing with gold.
For a simple user, it's not worth to keep all blockchain, because it does not matter. they can't change it or include transaction into a new block if they not mining.
And about PGP key... If you took a look at his appearance in Future of Bitcoin conference, you understood, that actually, he signed with fabricated key Nobel prize winner, additional to that, if you took a second to read that text, you understood, that he don't even had intention to sign with real key.
We are looking for something like this: Then we sign agreement with customer, we create template/profile with prices and services on billing system. Then we provide services, we just add/register quantity to that template/profile. At the end of month system writes invoice with recurring service and added additional not recurring services to invoice. It means one invoice for recurring and not recurring services.
You will save time on managing server, money on bad hardware etc..
2. Make good website. Really good, current looks like crap.
3. You can use WHMCS for managing billing and servers, VPS, etc.. it will be enough in the beginning. Monthly license only cost 18$/month, and lifetime 350$
I dont think it can be used for mainstream, just one time attraction, but from so much re-posting here I can be wrong
[1] - http://news.ycombinator.com/item?id=5813596 [2] - https://www.hnsearch.com/search#request/all&q=geo+bootst... and http://news.ycombinator.com/item?id=5508061