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

[John Lewis]

Doesn't it make sense to be ahead of the game and be ready for the
inevitable?

We are much more quicker and nimble than Linode or USPS. We shouldn't
wait for them, they should be trying keep up with us.

It is also much cheaper to do BTC based monetary transfers. We are going
to want to get familiar with BTC, LTC, and Ð as soon as we can because
most of the crypto currency users in the area are GNU/Linux users. We
will want to at least know enough to have a riveting conversation with
them. If we do learn that stuff we will something else to offer Hack
Pittsburgh.

We are going to use the DBMS we have installed and that is mariadb.

On 12/17/2014 02:02 PM, Justin Smith wrote:
> 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/
> 
> 
> 
> _______________________________________________
> wplug-internet mailing list
> wplug-internet at wplug.org
> http://www.wplug.org/mailman/listinfo/wplug-internet
>