Thread

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What if you could pay with Bitcoin — but anywhere? PlebQR is the killer Bitcoin app in Thailand. An incredible alignment of different interests: one pleb wants to buy something in a store with Bitcoin, another pleb wants to stack sats. PlebQR is a pleb-to-pleb Bitcoin exchange that's basically unstoppable. The platform connects product buyers with Bitcoin stackers. Here's how it works: you (the Bitcoiner buying a product) scan the ubiquitous Thai fiat QR payment code and upload it to the PlebQR platform. You then pay a Lightning invoice, wait 1-2 minutes for a match, and some pleb out there looking to buy BTC pays your fiat QR and receives your Bitcoin. Everybody happy. I just bought a pair of sandals and a shirt and some guy got to stack my non-KYC sats at a pretty good rate. I love Bitcoin when it shines like this. Bitcoin is the money of the future and we don't need the old world's permission to make it work. Big respect to the Thai Bitcoiner community. image

Replies (45)

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↩ replying to calle
I'm totally for it, I'm just trying to understand how you can be in a checkout line and once the cashier presents you with a bill, you have to wait 1-2 minutes to pay. Otherwise I think the idea is brilliant. I wonder if this could be applied to online purchases. If I want something off from Amazon, and someone else wants my sats, this would seem to work great.
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↩ replying to npub1gm7t...8rf6
As a taker I receive a notification almost instantly, when the order is created. From the moment I take the order, I have 45 s to provide the code. This is just enough time to get the code from the bank app and paste it to the offer, while switching between the apps. The maker receives the code and provides it to the merchant – verbally or by entering it to the POS device. This works basically everywhere now, also online, also in ATMs. Many brick and mortar shops have self-service checkouts. At what point could it be improved, in your opinion?
↩ replying to Maciek
I am realizing that a taker/scammer could take an order and use the code to withdraw the money from an ATM right before providing the code to the maker. It would be difficult to prove the scam because the taker could show proof from his bank that the money was withdrawn. It seems especially risky with orders of round figures in PLN that can be withdrawn at the ATM. @BitBlik Is there any way to prevent this kind of scam?
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↩ replying to Descubre Bitcoin
we did some zap tests on this note… we made six attempts to⚡zap this note, at descubrebitcoin@vlt.ge, over a period of 39 minutes. six of the zaps were successfully paid... please check for 6 satoshis received. however, we did find that only five of the payments produced zap receipts in time for our server to recognize them. this is a problem because the user who zapped you would not see an active ⚡icon after zapping. they might think the zap failed, and therefore might not zap you again.... also.... your average zap time was 15396ms (15.4 seconds). we consider this zap time slow... if possible, zaps should be confirmed in under two seconds. (if time is too slow, other nostr users might think your zaps are broken, might not zap you again.) if you wanted to fix this... you could try getting a free rizful lightning address --
Rizful: Lightning Services
Free Lightning vaults, and instant, disposable Lightning Nodes.
 ... if u get it set up, pls reply here so we can do this ⚡zap test again.
This is fucking cool. Want to buy something with BTC at a store that doesn't accept BTC? No problem, ring up a proxy buyer who wants the BTC and is willing to pay the store for you in fiat. It says that it only takes a couple of minutes to find a match. This kind of system would be perfect for Monero, then the risk of unknowingly acquring dirty coins would be eliminated. View quoted note →
When last time I used a no-KYC exchange I ended up doxxing myself as the fiat invoice had my name on it. The seller also revealed his name. Maybe without knowing. Do you know if our Thai friends are protected from such unwanted side-effects when fiat to btc transaction happens?
calle's avatar calle
What if you could pay with Bitcoin — but anywhere? PlebQR is the killer Bitcoin app in Thailand. An incredible alignment of different interests: one pleb wants to buy something in a store with Bitcoin, another pleb wants to stack sats. PlebQR is a pleb-to-pleb Bitcoin exchange that's basically unstoppable. The platform connects product buyers with Bitcoin stackers. Here's how it works: you (the Bitcoiner buying a product) scan the ubiquitous Thai fiat QR payment code and upload it to the PlebQR platform. You then pay a Lightning invoice, wait 1-2 minutes for a match, and some pleb out there looking to buy BTC pays your fiat QR and receives your Bitcoin. Everybody happy. I just bought a pair of sandals and a shirt and some guy got to stack my non-KYC sats at a pretty good rate. I love Bitcoin when it shines like this. Bitcoin is the money of the future and we don't need the old world's permission to make it work. Big respect to the Thai Bitcoiner community. image
View quoted note →
Is it possible to integrate that to NOSTR? - i publish my fiat qr code - someone random pays for it - gets my btc - we rate each other Integrated in a zap wallet inside a nostr client: - i want to buy some sats for my wallet - my wallet shows me: „3 seconds ago someone offered 5.600 Sats because he is about to pay for his chai latte, do you want to make this deal and send some fiat?“ - i press hell yes and get my sats Is this achievable?