Quote from: black_shibe on April 21, 2014, 06:02:38 PM

Quote from: yourstruly on April 21, 2014, 05:57:17 PM

Quote from: black_shibe on April 21, 2014, 05:56:34 PM

What's the point to have a coinkite?

BC is so fast, that it doesn't need coinkite.

Coinkite provides PoS equipment for vendors. And vendors who already have it can start taking BC.

Yeah, I understand that. But I could save more money by downloading Android wallet. BC is extremely fast that you don't need vendor POS. Plus I could save .50 percent fees by not using coinkite.

Coinkite removes most of the risk from the vendor. It as well gives many options for exchanging to fiat (if the vendor so desires). I think this is the main benefit. It means that some vendors, who may not have much interest in Crypto, but want something to add value and traffic to their storefront.

Phad