[wplug-internet] In coin base who holds the wallet?

[Justin Smith]

Once a merchant receives money through Coinbase, Coinbase can 
automatically convert the BTC to fiat and deposit it in a bank account of 
the merchant's choice. Since none of WPLUG's expenses can be paid in 
BTC, I assume that's what we would want to do.

Put simply, there isn't a need to establish a WPLUG Bitcoin wallet unless 
Linode, USPS, or one of our other service vendors starts accepting 
cryptocurrency payments.

What DBMS is this going to involve? If it's MariaDB, I'd be willing to help with 
what little I know about it. I bought a database book earlier this year that 
covers the basics. This might be the incentive I need to finish it.

On Wednesday, December 17, 2014 06:18:56 AM John Lewis wrote:
> Pat Joe and I are going to develop the metadata for the Database within
> the week.
> 
> If coin base is as good as you say it is we can use it and just transfer
> the BTC to another wallet under WPLUG control in regular intervals.
> 
> I am not much of a programmer either, but with everyone too afraid to
> tell me that I suck at it, I am going to take the ball and run with it
> until someone tackles me.


*Justin Smith*
GNU/Linux System Administrator

/"Nothing in this world can take the place of persistence. Talent will not; 
nothing is more common than unsuccessful people with talent. Genius will 
not; unrewarded genius is almost a proverb. Education will not; the world is 
full of educated derelicts."/

/-Calvin Coolidge/
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