Yeah, I appreciate the feedback, but I think people have kind of missed my point. I get the problem with chargebacks, etc. What I’m saying is that there should be a solution for this.

So, at the moment you can’t reverse a Feathercoin transaction, but you can reverse a Paypal. What you need is a way to make both reversable. That way, both the buyer and seller can be assured that they will get the money/coins or get their stuff back.

The only way to do that is to have a safe exchange for people where the transactions are monitored by a third party. It doesn’t have to be the only exchange, but a central, main one would help.

My example is the Steam marketplace. They handle the transaction and you just have to say, “I want to sell this” or “I want to buy this”.

Thanks again for your help, but unless there was something like this, I’m not really interested. From talking to others in real life, they kind of feel the same way.

Yeah, I appreciate the feedback, but I think people have kind of missed my point. I get the problem with chargebacks, etc. What I’m saying is that there should be a solution for this.

So, at the moment you can’t reverse a Feathercoin transaction, but you can reverse a Paypal. What you need is a way to make both reversable. That way, both the buyer and seller can be assured that they will get the money/coins or get their stuff back.

The only way to do that is to have a safe exchange for people where the transactions are monitored by a third party. It doesn’t have to be the only exchange, but a central, main one would help.

My example is the Steam marketplace. They handle the transaction and you just have to say, “I want to sell this” or “I want to buy this”.

Thanks again for your help, but unless there was something like this, I’m not really interested. From talking to others in real life, they kind of feel the same way.

I just went onto Coinbase to try again. The first thing it asks me to do is verify my bank account. Seriously, no thanks.

For me, cryptocurrencies sounded like a fun idea. This seems too complicated, too risky and too costly for me to take part in.

Thanks, Pryderi. I was trying all that on Tuesday, but it just seems like you have to jump through hoops to get these coins.

Hi Uncle Muddy, I’m in Norway.

I know there are a bunch of websites out there where you can pay a percentage and get bitcoins. What I mean with my post is that it’s difficult and costly when the whole point of cryptocurrencies is to take out the difficulty and cost.

I learned about Feathercoins on Rhett & Link. I’ve wanted to try out a cryptocurrency for a while, after hearing about Bitcoins last year. It seems like obtaining cryptocurrencies is incredibly difficult, though. I can’t mine them unless I dedicate a PC to mining, which would barely make me any money in the process. I can’t buy cryptocurrencies without jumping through a load of hoops.

Ideally, I want to be able to go to a website and buy coins for a set price with my Paypal. I realise that people are worried about chargeback scams. However, without ease of purchase, aren’t all of these coins in danger of becoming just niche?

Taking myself as an example, I’m an IT engineer. So I’m not without technical know-how. However, I spent a few hours trying to find a way to buy the coins and failed. I found a few websites that took huge percentages in transaction fees, but I don’t count those as solutions. Others wanted access to my bank account, which I’m not willing to give. Visa and Paypal are the only two options for me, at least.

I think that whatever cryptocurrency creates a marketplace for buying and selling coins will easily be the one that succeeds. I think a good example is the Steam marketplace. I can buy and sell things on there simply. I don’t need to go and find a seller to buy. I just select a product I want and find a price that’s acceptable to me.

I like all the technical aspects of Feathercoins. I wanted to jump onboard, but I just can’t without an easier way to do it.

Hi. I’m Simon. I heard about Feathercoin on Rhett & Link and decided to check it out.