Very impressed at net cost. I used to run a small ecom business targeting total prices in the range of $3-10. At $3, payment processing is nearly 11-12% of costs, which is absurd, more if you amortize the occasional chargeback/fraud. Lightning can do it for <<0.1% net cost even at the low end, which is incredible. There are plenty of these kinds of vendors on eBay, Aliexpress etc that would be willing to adopt with a bit of help.

For whoever posted, your cost calculator should be first thing on the page, and you "How we calculated this number" link is broken

Glad to see such initiative on bitcoin !

Broken link on the pricing page "How did we calculate this number " -> https://help.opennode.com/en/articles/3179796-where-are-open... -> "Uh oh. That page doesn’t exist. Try searching for your answer or just send us a message."

Is it open source? If not, why choose the name “OpenNode”?

Looks solid

American-style words are really hard these days. I thought 'open' meant source code is available, but at some point, starting with OpenAI, it seems like 'open' has come to mean 'we'll open your wallet.

If they don't swoop in with random check-ins hassling you for docs for "muh KYC" and "muh AML compliance" the moment you do anything outside of the boring middle ground then they're ahead of basically 99+% of all the other tradfi-interlocking offerings.

Genuine question - why would someone hold bitcoin for regular, everyday purchases?

The buying power is all over the place.

>Bitcoin - the only legitimate cryptocurrency secure enough for transacting at scale.

I prefer the trend of using stable coins for payment instead. I think merchants are much more willing to work with a digital dollars than with something with constantly fluctuating value.

I’m a little confused by the fees. In their pricing page (https://opennode.com/pricing) it says:

You request $100, the customer pays 0.00152 BTC, and then you get $99.

But 0.00152 BTC is almost $100? If I’m a business why would I pay $100 in BTC fees for a $100 transaction?

What is this solving? I’ll never understand crypto.

Edit: nvm I’m dumdum. Will get coffee. Thanks to everyone who replied.

Why not just accept Monero? It acts more like cash. Do you really want to leak every transaction you've ever done, every time you buy something?

Bitcoin is surveillance capitalism dream!

They've been in business for a long time and I used them when I experimented with QR code for street artists to receive tips. OpenNode is very simple to implement!

Interesting to see that this crypto thing might still have legs, as someone who's invested a lot of time (and thankfully, not a painful amount of money) into the idea.

Yes, it's scam city too, but it will be interesting to see if "permissionless money" actually happens and how.

And for the record, most people here pointing out that bitcoin itself, as perhaps this "opennode" may be useless here, are correct. Bitcoin mostly can no longer do what it says on the box, but newer forms can.

not your keys, not your money.

when we will finally have good self-hosted, open-source, BTC gateways?