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25 lines
943 B
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25 lines
943 B
Plaintext
[[ch04_merchant]]
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== Chapter 4 - Using bitcoin as a merchant
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This chapter examines bitcoin from the perspective of a retail merchant who wishes to sell goods or services, priced or paid (or both) in bitcoin. The chapter examines the differences between consumer single-wallet use and merchant-level use of the bitcoin software.
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=== Merchant and payment services
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=== Transaction fees and conversion fees
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=== Handling thousands of transactions
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=== Address per transaction
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=== Deterministic key generation
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=== Master public key (MPK)
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=== Cold storage
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=== Customer culture (early adopter) and expectations
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==== Anonymity and privacy expectations
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==== Trust without chargebacks
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==== Corporate and personal identity for trust
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=== Refunds and reversals
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=== Pricing in bitcoin or fiat currencies
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=== Exchange rate and Conversion timing
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=== Handling currency risk
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=== Currency exchange and liquidity risk
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=== Volatility risk
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=== Regulatory risk
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