21 Makes Bitcoin Useful to Developers

Re:21 Makes Bitcoin Useful to Developers by deftnerd on Wednesday May 04, 2016 @01:35AM (#11626437)

One benefit of 21's API billing model is lower transaction fees. If the dev only uses $2 of API fees, using a service like Stripe would eat up 18% of the income.

Another benefit is that when you do net-30 usage based billing, you always have to be concerned that the card might be maxed out or invalid by the time the bill gets charged. With 21, you can be sure that the bill will get paid since the Bitcoin is locked up in escrow until the transaction is processed.

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Re:21 Makes Bitcoin Useful to Developers by lucaspiller on Wednesday May 04, 2016 @02:22AM (#11626578)

You could always have them pay up front, which is what pretty much all telephony services like Twilio do, as fraud is high in that market. You could even have them pay up front with Bitcoin to avoid the CC fees.

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Re:21 Makes Bitcoin Useful to Developers by bobwaycott on Wednesday May 04, 2016 @01:39AM (#11626453)

Good point. Wasn't thinking about fees. Thanks.

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