Quote from: MeTHoDx on October 04, 2014, 12:20:25 PM

The developers themselves are open to altcoin integration and already have other coins actively working on integration i.e. Darkcoin. Secondly, it seems from the posts I've read that it's up to the merchants to accept any coin they want, so long as it's supported. I think a merchant is a node and the nodes decide what coins they want to accept.

If that's the case it's definitely worth the effort to get bitUSD integrated as an option imo.  If this can be done is should be high priority.  It's the ideal way for bitUSD to take its first footsteps as a currency.

I personally pledge to airdrop $1000 of my own money on the OpenBazaar community if BitUSD integration is committed to the OB code on GitHub.

Quote from:  Shentist1. concentrate on a small community and solve a problem here (ebay at that time)

+5% This is a very good point I hadn't even considered. PayPal eventually became so integral to eBay, they were bought by eBay.

Quote from: gameyLook at the reddit thread, they actively downvoted the thread.  No one is ready to give up on Bitcoin.  Once they get it going with Bitcoin it will fragment their marketplace to have a 2nd one.  Realistically speaking without paying and hiring developers to work on this, the chances of them integrating BitUSD are near 0.

The thread was downvoted because /r/OpenBazaar redditors are mostly /r/Bitcoin delusionals. The developers themselves are open to altcoin integration and already have other coins actively working on integration i.e. Darkcoin. Secondly, it seems from the posts I've read that it's up to the merchants to accept any coin they want, so long as theres code for it. I think a merchant is a node and the nodes decide what coins they want to accept / the code for a node is their choice. The glass is half full gamey. :)

Quote from: bitmarket on October 04, 2014, 06:39:56 AM

Quote from: MeTHoDx on October 04, 2014, 02:17:51 AM
Strategically, I don't think you'll get many opportunities as perfect as this.

I could not agree more.  This really is a perfect union.  We solve some of their major problems and they solve ours.

I would be open to diluting our shares so OB can give away bitUSD in a promotion.  "Fund an OB account with bit$100 and we will give you bit$5 bonus." 

OB is an excellent brand for us to attach our selves to. They are universally loved by the crypto world and seen as righteous. 

Either way it is an excellent use of Btsx devs time to do the integration.   With the easy fiat>bitUSD on ramp we are building this will be a killer combination.

Look at the reddit thread, they actively downvoted the thread.  No one is ready to give up on Bitcoin.  Once they get it going with Bitcoin it will fragment their marketplace to have a 2nd one.  Realistically speaking without paying and hiring developers to work on this, the chances of them integrating BitUSD are near 0. 

Quote from: MeTHoDx on October 04, 2014, 02:17:51 AM
Strategically, I don't think you'll get many opportunities as perfect as this.

I could not agree more.  This really is a perfect union.  We solve some of their major problems and they solve ours.

I would be open to diluting our shares so OB can give away bitUSD in a promotion.  "Fund an OB account with bit$100 and we will give you bit$5 bonus." 

OB is an excellent brand for us to attach our selves to. They are universally loved by the crypto world and seen as righteous. 

Either way it is an excellent use of Btsx devs time to do the integration.   With the easy fiat>bitUSD on ramp we are building this will be a killer combination.

could be a good place to start.

we should learn from paypal, and they got off with 2 choices they made

1. concentrate on a small community and solve a problem here (ebay at that time)
2. in the beginning they paid money to new users.

so maybe it is a good way to integrate bitUSD in Open Bazaar. i would love it.

Quote from: bytemaster on October 04, 2014, 12:31:44 AM
Blockchain already supports multisig.

Excellent news! I don't think the OB devs have time to experiment with BitUSD integration based on some posts I've read (not that you guys aren't busy either)... This is something you and your team would have to introduce to their code manually. The good news is they're totally open to altcoin implementation.

https://github.com/OpenBazaar/OpenBazaar

Strategically, I don't think you'll get many opportunities as perfect as this.

Blockchain already supports multisig.

Quote from: Gentso1 on October 04, 2014, 12:12:15 AM
I love the idea of open bazaar but and I am curious about the multi-sig transaction myself as it truly represents a trust-less system.

I quickly looked at their forums to see how white to grey to black their markets intend to go but I could not find a answer.

I've been following OB since its inception and the devs have stated many times they want to attract non-drug activity. That's why I'm suggesting we get behind this. BitUSD will allow for legitimate products and services on OB.

I love the idea of open bazaar but and I am curious about the multi-sig transaction myself as it truly represents a trust-less system.

I quickly looked at their forums to see how white to grey to black their markets intend to go but I could not find a answer.

 +5%

https://openbazaar.org/

All the discussion about a referral program going on has really got me thinking deeply about how organic adoption can be sped up.

I've come to the conclusion that we need to very publicly demonstrate the uniqueness/value of BitUSD. We need to display the strengths it has over every other crypto. So what's the best way to do this? Allow merchants on OpenBazaar to accept BitUSD. I can't think of any use case that showcases the value proposition of BitUSD better than a marketplace that deals only in volatile crypto. A stable crypto would allow an open marketplace like OB to attract a user base that goes far beyond drug users. Average users who want nothing to do with drugs currently don't have many reasons to use OB because it exposes them to Bitcoins massive volatility. Now, if OB accepted a non-volatile crypto, an average user would be much more likely to use the service for legitimate reason to save on fees (vs. eBay). BitUSD would allow for an entirely legitimate demographic.

How do we make this happen?

I've done some digging and found this thread on the official OB forum. I also started this thread on /r/OpenBazaar

Quote from: brianI'm not going to make some penultimate statement, but generally coins that support multisig transactions could be added in the future. Our plans don't currently involve it due to resource constraints and testing support, but it wouldn't be that hard to add it on.

EDIT: Bytemaster has confirmed we already support multi-sig.

Quote from: SamPattYes, that's correct. It would also require having notaries that are willing to use the alt-coin as well, all three parties need to have a key to the multisig.

Quote from: SamPattThe only thing I think you'll need to put more thought into is if you're talking about putting alt-coins into the existing OB network then you need to make sure that all parties are capable of doing multisig with that coin (all parties being buyer, seller, and notary). So we'll need some way of clarifying which notaries can be used for alts, that type of thing.

Based on the digging I've done, it seems the OB team is very willing to work with alt developers on integration.

Bottom Line

BitUSD on OB is the catalyst we need. It will get BitUSD massive publicity, create demand and showcase its value proposition. Once introduced to BitUSD, merchants and consumers using OB won't want to transact in anything else! This is the perfect opportunity to strategically seed BitUSD in the right place at the right time. When it's inevitably a success on OB, BitUSD will spread to other marketplaces, creating more demand and likely explode in direction we can't anticipate.

Lets make this happen before OB is associated with drugs and other illegal activity. The time is now!