Quote from: Kimmo on April 22, 2014, 08:27:47 PM

Quote from: rpietila on April 22, 2014, 07:45:37 AM

I will soon have a premium hotel. How to make as many as possible bitcoin transactions out of it?

If I visit the hotel, I would prefer to make as few bitcoin transactions as possible.

Maybe you could have an BTC account that guests can fund before/during the stay, and then make a smooth UI to pay for the services?

Provocative idea.

Because Bitcoin is programmable money, the hotel in an ideal world, upon arrival has you issue a series of small denomination bitcoin transactions whose sum is slightly greater than what you will spend altogether. Each of these transactions requires the private key of the hotel to spend. FYI, These are called N of M transactions by the protocol. The hotel is the escrow agent in this 2 of 2 version.

N of M transactions are defined by the protocol but not yet a wallet feature.

In the ideal world, the smooth UI you mention simply notifies the hotel of the item particulars and enough of the previously issued transactions to cover the purchased item are spent by the hotel.

Pay as you go.