89Today, Tonal Bitcoin reaches US dollar parity!1 TBC = 1 USD (self.Bitcoin)submitted by Luke Dashjr - Bitcoin ExpertTonal Bitcoin is a unit of bitcoins defined by the tonal number radix.Tonal Bitcoin reference Note that while $1 is 1 TBC now, $10 is not 10 TBC ($10 is 9 TBC, and 10 TBC is $16) because USD is expressed in the decimal radix.π Rendered by PID 129579 on app-521 at 2017-06-23 23:53:30.236808+00:00 running 3522178 country code: SG.The Iranian Central Bank Governor Valiollah Seif’s national television announcement on January 29th effectively rendered the US dollar worthless within the borders of the Middle Eastern oil power.But while Iran’s crumbling relationship with the United States has already proved to have serious repercussions on the dollar, it could be just the push needed for the Iranian economy to embrace Bitcoin as an alternative replacement.Iran is determined to keep their assets out of the United States’ reach at all costs following the return of over $100 billion in unfrozen assets, which former US President Barack Obama had shipped to them following the end of sanctions that lasted decades.

The country’s decision to boycott the US dollar came after Trump’s administration issued a travel ban on a number of countries, one of which was Iran.And as the termination of the US Dollar’s use is still underway, Iran has set its sights on two potential alternatives: a stable reserve currency such as the euro, or to select multiple currencies for their people to choose from depending on their preferences.bitcoin iceland ny timesEither way, the Iranian central bank’s official statement declared the pending replacement of the USD.bitcoin hoax 4chanIran’s Oil Industry is founded on the US Dollar Even as Iran continues to implement their ban on the US dollar, analysts have warned that terminating the US dollar could have serious implications on their USD-based oil industry, which currently brings in an estimated $41 billion of revenue.guestlogix bitcoin

Iran’s Bitcoin Market is Largely Untapped Iran’s first Bitcoin exchange, BTXCapital, launched in August 2015 with an aim to become a more secure P2P trading alternative to platforms such as LocalBitcoins and CoinAva.Despite the country’s malnourished Bitcoin exchange market, Iran has an untapped market of 50 million internet users, which, according to BTXCapital, puts them right on the verge of becoming one of the biggest Bitcoin markets in the years to come.bitcoin iphone clientBut, according to Draglet CEO Ganesh Jungh, the only obstacle is that most Iranians have to go above and beyond in order to buy Bitcoin locally—a struggle that is undoubtedly the main culprit behind Iran’s shallow Bitcoin culture.bitcoin jogjaJung explains in an interview that it is the process of buying Bitcoin that is cumbersome.mini-itx bitcoin

Furthermore, only small amounts can be purchased at a time.The irony in this is that the market for it is large.The percentage of Iranians who are connected to the internet alone is enough to make it one of the biggest Bitcoin markets in the world.Draglet is a potential solution to the problem.The platform allows easy conversion of local currency to Bitcoin via a process that is much easier than the others.Only a Matter of Time Before Iran Fully Adopts Bitcoin Iran is most likely to borrow from India’s template in a few short years to come.Economic mayhem is likely to lead them towards alternative representations of value, such as Bitcoin or gold.The fact that Bitcoin is also very easily transferrable and beyond the influence of any governmental or non-governmental financial institution is also an enticing prospect for most, and one that will likely tilt the scales in the favor of Bitcoin for use in foreign trade.About Latest Posts Latest posts by Richard (see all) Demand for Bitcoin Continues to Soar in Venezuela New Mac Malware Spotted on the Dark Web Couple Accused of Smuggling Fentanyl via Dark Web general information purposes onlynot intendedconstitute legal advice ★ ★ ★ ★ ★ Iran to Replace US Dollar, Bitcoin Emerges as a Potential Alternative, / 5 ( votes)

Bitcoin Payments with Sources Use Sources to accept payments using Bitcoin, the popular digital cryptocurrency.If you need help after reading this, our documentation or check out answers to common questions.You can even chat live with other developers in #stripe on freenode.Stripe users in the United States can accept Bitcoin for USD payments from customers using Sources—a single integration path for creating payments using any supported method.During the payment process, a Source object is created and your customer is given a receiver address to send the required amount of bitcoin to.Your customer uses this information with their Bitcoin wallet service or app to send the bitcoin amount needed.After completing this, your integration uses the source to make a charge request and complete the payment.Bitcoin is a push-based and single-use method of payment.This means your customer must take action to send the required amount of bitcoin to you.The pushing of funds may take a few minutes since your customer must do this outside of your checkout flow, but the amount is immediately available as soon as the funds have been received.

Once the source is chargeable, there can be immediate confirmation about the success or failure of a payment.Quickstart using Checkout The simplest way to accept Bitcoin is with Checkout.After integrating Checkout for card payments, only one code change is needed to begin accepting Bitcoin payments—the addition of data-bitcoin="true" in the form’s code:

After specifying the amount in USD that you want to receive, Stripe handles displaying the converted amount in BTC that your customer needs to pay.Once a Bitcoin payment is received, Checkout submits the form with the following extra fields: stripeToken: The ID of the chargeable Source object stripeTokenType: The type of token returned—the value is source_bitcoin stripeEmail: The email address provided by the customer You can then immediately make a charge request using the source.

If you want to build a custom integration for accepting Bitcoin, a Source object can be created client-side using Stripe.js or server-side using the API.To create a source with Stripe.js, first include the library within your payment page and set your publishable API key.Once included, use the following source.create method to create a source, providing the following information: Parameter Value type bitcoin amount A positive integer in the smallest currency unit representing the amount to charge the customer (e.g., 1099 for a €10.99 payment).currency usd (Bitcoin payments must be in US Dollars) owner[email] The full email address of the customer.stripe.createSource({ type: 'bitcoin', amount: 1000, currency: 'usd', owner: { ', }, }, stripeResponseHandler); The use of Stripe.js to create this type of source is optional, but highly recommended.If you forgo this step and pass the information directly to Stripe when creating a Source object, you must take appropriate steps to safeguard any sensitive information that may pass through your servers.

# Set your secret key: remember to change this to your live secret key in production # /account/apikeys Stripe.api_key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" source = Stripe::Source.create( :type => "bitcoin", :amount => 1000, :currency => "usd", :owner => { :", }, ) # Set your secret key: remember to change this to your live secret key in production # /account/apikeys stripe.api_key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" source=stripe.Source.create( type='bitcoin', amount=1000, currency='usd', owner={ "' } ) // Set your secret key: remember to change this to your live secret key in production // /account/apikeys \Stripe\Stripe::setApiKey("sk_test_BQokikJOvBiI2HlWgH4olfQ2"); $source = \Stripe\Source::create(array( "type" => "bitcoin", "amount" => 1000, "currency" => "usd", "owner" => array( "" ) )); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys Stripe.apiKey = "sk_test_BQokikJOvBiI2HlWgH4olfQ2"; Map ownerParams = new HashMap(); "); Map sourceParams = new HashMap(); sourceParams.put("type", "bitcoin"); sourceParams.put("amount", 1000); sourceParams.put("currency", "usd"); sourceParams.put("owner", ownerParams); Source source = Source.create(sourceParams); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys var stripe = require("stripe")("sk_test_BQokikJOvBiI2HlWgH4olfQ2"); stripe.source.create({ type: "bitcoin", amount: 1000, currency: "usd", owner: { " } }, function(err, source) { // asynchronously called }); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys stripe.Key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" sourceParams := &stripe.SourceObjectParams{ Type: "bitcoin", Amount: 1000, Currency: "usd", Owner: &stripe.SourceOwnerParams{ ", }, } s, err := source.New(sourceParams) if err != nil { // handle error return; } Using either method, Stripe returns a Source object containing the relevant details for the specified method of payment.

{ "id": "src_18h4EOEniDLYboM3JphgS37m", "object": "source", "amount": 1000, "client_secret": "src_client_secret_OkNv1HJ3melzdk2bgd2o4es8", "created": 1470864440, "currency": "usd", "flow": "receiver", "livemode": true, "metadata": {}, "owner": { "address": null, "", "name": "Jenny Rosen", "phone": null, "verified_address": null, "verified_email": null, "verified_name": null, "verified_phone": null }, "receiver": { "address": "1Nar8gbhZqahaKdoxLAnxVhGjd5YoHs8T1", "amount_charged": 0, "amount_received": 0, "amount_returned": 0, "refund_attributes_method": "email", "refund_attributes_status": "missing" }, "status": "pending", "type": "bitcoin", "usage": "single_use", "bitcoin": { "address": "1Nar8gbhZqahaKdoxLAnxVhGjd5YoHs8T1", "amount": 334400, "amount_charged": 0, "amount_received": 0, "amount_returned": 0, "uri": "bitcoin:1Nar8gbhZqahaKdoxLAnxVhGjd5YoHs8T1?amount=0.003344" } } Source creation for Bitcoin payments may return any of the following errors: Error Description payment_method_not_available The payment method is currently not available.

You should invite your customer to fallback to another payment method to proceed.processing_error An unexpected error occurred preventing us from creating the source.The source creation should be retried.Have the customer push funds When creating a source, its status is initially set to pending and cannot yet be used to create a charge.Your customer must send the specified amount of bitcoin to make the source chargeable.Customers push bitcoin to the address provided within the receiver[address] attribute.The bitcoin[amount] specifies the amount, in BTC, the customer needs to send.There are three pieces of information you should display to the customer: bitcoin[amount]: The amount (in Satoshi) that the customer must send.This amount, like all amounts used by the Stripe API, represents the smallest unit of currency.There are 108 (100,000,000) satoshi in one bitcoin, so the returned bitcoin[amount] must be divided by 100,000,000 to present the amount in BTC.receiver[address]: The bitcoin address that is specific to this receiver bitcoin[uri]: An encoding of the amount and address.

If you encode this URI as a QR code, some Bitcoin apps can scan it.If this URI is presented as a hyperlink, customers can click on it to activate their preferred Bitcoin client, if installed.Charge the Source Once the customer has pushed the necessary funds, the source’s status transitions to chargeable and it can be used to make a charge request.This transitions happens asynchronously as confirming a Bitcoin transaction on the blockchain can take minutes.For this reason it is essential that your integration rely on webhooks to determine when the source becomes chargeable in order to create a charge.Please refer to our best practices for more details on how to best integrate payment methods using webhooks.Webhooks The following webhook events are sent to notify you about changes to the source’s status: Event Description source.chargeable A Source object becomes chargeable after a customer has has sent the required funds for the payment.source.canceled A Source object expired and cannot be used to create a charge.

A Bitcoin source must be used within one hour of becoming chargeable.If it is not, its status is automatically transitioned to canceled and your integration receives a source.canceled webhook event.Similarly, a Bitcoin source’s guaranteed exchange rate expires after 10 minutes, after which point it is canceled.Your JavaScript handler is called client-side and the source’s status transitions to canceled.Any fund received after a source is canceled are automatically refunded back to the customer.Once a source is canceled, the customer’s bitcoin payment is refunded automatically—no funds are moved into your account.For this reason, make sure the order is canceled on your end and the customer is notified once you receive the source.canceled event.If you receive that callback, you can instruct your servers to create a new source, then update the payment page with the new receiver’s information and start polling.Once the source is chargeable, from your source.chargeable webhook handler, you can make a charge request using the source ID as the value for the source parameter to complete the payment.

/v1/charges \ -u sk_test_BQokikJOvBiI2HlWgH4olfQ2: \ -d amount=1000 \ -d currency=usd \ -d source=src_18eYalAHEMiOZZp1l9ZTjSU0 # Set your secret key: remember to change this to your live secret key in production # /account/apikeys Stripe.api_key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" charge = Stripe::Charge.create({ amount: 1000, currency: 'usd', source: 'src_18eYalAHEMiOZZp1l9ZTjSU0', }) # Set your secret key: remember to change this to your live secret key in production # /account/apikeys stripe.api_key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" charge = stripe.Charge.create( amount=1000, currency='usd', source='src_18eYalAHEMiOZZp1l9ZTjSU0', ) // Set your secret key: remember to change this to your live secret key in production // /account/apikeys \Stripe\Stripe::setApiKey("sk_test_BQokikJOvBiI2HlWgH4olfQ2"); $charge = \Stripe\Charge::create(array( "amount" => 1000, "currency" => "usd", "source" => "src_18eYalAHEMiOZZp1l9ZTjSU0", )); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys Stripe.apiKey = "sk_test_BQokikJOvBiI2HlWgH4olfQ2"; Map chargeParams = new HashMap(); chargeParams.put("amount", 1000); chargeParams.put("currency", "usd"); chargeParams.put("source", "src_18eYalAHEMiOZZp1l9ZTjSU0"); Charge charge = Charge.create(chargeParams); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys var stripe = require("stripe")("sk_test_BQokikJOvBiI2HlWgH4olfQ2"); stripe.charges.create({ amount: 1000, currency: "usd", source: "src_18eYalAHEMiOZZp1l9ZTjSU0", }, function(err, charge) { // asynchronously called }); // Set your secret key: remember to change this to your live secret key in production // /account/apikeys stripe.Key = "sk_test_BQokikJOvBiI2HlWgH4olfQ2" chargeParams := &stripe.ChargeParams{ Amount: 1000, Currency: "usd", } chargeParams.SetSource("src_18eYalAHEMiOZZp1l9ZTjSU0") ch, err := charge.New(chargeParams) Bitcoin Sources are single-use and cannot not be used for recurring or additional payments.

Refer to our Sources & Customers guide for more information on how single-use Sources interact with Customers.Confirm that the charge has succeeded Since the customer has already pushed the funds at the time the Source is chargeable, unless there is an unexpected error, the Charge will immediately succeed.You will also receive the following webhook event as the charge is created: Event Description charge.succeeded The charge succeeded and the payment is complete.We recommend that you rely on the charge.succeeded webhook event to notify your customer that the payment process has been completed and their order is confirmed.Refunding Bitcoin payments Bitcoin payments can be refunded through either the Dashboard or API.However, the Bitcoin address where to return the funds needs to be provided by the customer.By default, we automatically contact the customer at the email address provided during source creation when a refund is created (or the source is canceled and funds need to be returned).

Once the customer provides us with their Bitcoin address, we process the refund automatically.Some users may want to manage the collection of the refund addresses themselves.Please contact us to learn more about this option.Handling mispayments The customer is responsible for sending the correct amount of bitcoin to fill the source.While uncommon, it is possible for a customer to send an unexpected amount that prevents a payment from being completed—resulting in a mispayment.This can happen when: The customer sends too few bitcoin so the payment cannot be completed The customer sends too many bitcoin and needs to be partially refunded The customer sends the correct amount of bitcoin but they send it after too long a delay, or there’s a network error such that the source token is never posted to your server All mispayments are handled automatically by Stripe.When a source is charged, any unused bitcoin received in excess will be returned to the customer automatically (after collecting their refund address as described in the previous section).