[Bitcoin-development] Proposed BIP 70 extension

Jeff Garzik jgarzik at bitpay.com
Tue Jun 24 15:48:15 UTC 2014

I think there is nothing wrong with having a numeric memo field, which
is effectively what this is.  Structured rather than unstructured

On Tue, Jun 24, 2014 at 11:15 AM, Gmail <will.yager at gmail.com> wrote:
>> On Jun 24, 2014, at 10:32, slush <slush at centrum.cz> wrote:
>> Sounds like marketing bullshit to me. It does not have even statistical meaning; well, you can "save" a lot of satoshis, but nobody tell you that the merchant cut you on BTC/USD exchange rate in tens of %.
> People would also abuse this feature in the same way amazon (and other sales sites) abuse the definition of "save". For example, Amazon will indicate that you're getting x% off by shopping at amazon, but all that number really means is x% off MSRP. In reality, every website has the same price. I have no doubt that merchants would put similarly meaningless and/or misleading data in this field.
> I agree, the memo field is appropriate for this data.
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Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc.      https://bitpay.com/

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