Bitbillpay

Finance and crypto

bitcoin bill payments

SHOW HN2013

80points
27comments
#312of 1,739 in 2013
Top 18%of 2013 by points

How HN took it

CuriousMostly questions and neutral comments

3 positive, 7 neutral or asking, 0 mixed, 4 critical, out of 14 comments about the project. Thread score -0.04.

Idea: 3 for, 2 againstPrivacy: 0 for, 1 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Useful way to pay bills with Bitcoin, easier than PostBillPay

    From 2 comments
    • Superb. This is a really great initiative Ryan. Ive had the great misfortune of having to use postbillpay to pay off my numerous speeding fines and anything that can get me…
      cup on HN
    • Actually that's exactly the point of this project. I run a startup called CoinJar (the first VC-backed Bitcoin startup in Australia) and Bitbillpay consumes CoinJar Checkout API.…
      zhoutong on HN
  • Clever proof-of-concept for a checkout API

    From 1 comment
    • I think teaching a kitten to read your credit card and arrange it's kibble into a binary representation would be easier than using the POSTBillPay website. So this project is a…
      lessnonymous on HN

Objections

  • May require an Australian Financial Services License

    From 2 comments
    • Further to my response to a comment stating that this does not fall foul of AUSTRAC's requirements, I think it does break the law with respect to the Corporations Act's…
      jimmcslim on HN
    • It would probably argued that under the Corporations Act 2001 as administered by ASIC you are probably offering a financial service here, and are therefore required to hold an…
      jimmcslim on HN
  • No chargeback recourse for payers

    From 1 comment
    • and then the only person who can do a charge-back if required is you...
      blinker21 on HN

Requests

  • Make the home page the bill pay form

    From 1 comment
    • Since the service you offer is so simple, why not have the home page BE the bill pay form, with some peripheral explanation boxes? I.e. you navigate to the site, and the first…
      chiaro on HN
  • Open source the project

    From 1 comment
    • Actually that's exactly the point of this project. I run a startup called CoinJar (the first VC-backed Bitcoin startup in Australia) and Bitbillpay consumes CoinJar Checkout API.…
      zhoutong on HN

Questions

  • Is the service enrolled with AUSTRAC

    From 1 comment
    • Are you enrolled to AUSTRAC in accordance to Anti-Money Laundering and Counter-Terrorism Financing Act of 2006?
      sepbot on HN
  • How a similar AUD service would be classified

    From 1 comment
    • Thanks for the link. I wouldn't want to rely on my interpretation of reading that Act to keep myself out of trouble! There are so many links that go to fairly unhelpful…
      maxden on HN

Alternatives named

  • PostBillPay via Australia Post

    From 1 comment
    • For those outside Australia, you can pay most bills at the post office (Australia Post) or online via the post office's PostBillPay service. Basically, AusPost act as a middleman…
      lessnonymous on HN
  • BPAY

    From 1 comment
    • Thanks. Actually you can use this service to pay all kinds of bills. There are almost 700 billers in Australia that accept POSTbillpay. It's just that the BPAY® trade mark is a…
      zhoutong on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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