1 Year development plan for Straight, a Bitcoin payment processor

13 points by final_approach 11 years ago | 2 comments

exo762 11 years ago |

While I understand well how Bitcoin works, I do not understand what are practical ramifications of going with Straight instead of Bitpay.

Selling BTC manually on some exchange? Some AML/KML stuff?

wmf 11 years ago | |

Selling BTC manually on some exchange?

Yeah, Straight exposes the merchant to a lot of currency risk. It's probably only appropriate for merchants who also want to invest in BTC.