Home brewing and Cryptocurrency

by @edent | , , | 3 comments | Read ~131 times.

A tiny lego Storm Trooper eats a chocolate coin.

This is a thought experiment inspired by the sort of rambling and speculative conversations my wife and I have been having in lockdown. Most countries in the world place legal limits on alcohol production at home. There are, usually, several good reasons for this: Improperly brewed alcohol can cause severe health problems - including death.…

Questions to ask before launching a crypto-payments feature

by @edent | , , , , , | 5 comments | Read ~291 times.

A tiny lego Storm Trooper eats a chocolate coin.

Messaging app Signal is launching a payment service in the UK. This will allow users to send each other money cryptocurrency. Many people have written about why this is a daft idea. But they've mostly talked about why cryptocoins corrupt everything they touch. I want to talk about why this is a shitty idea from…

Why is there no "pay me directly" standard?

by @edent | | 8 comments | Read ~216 times.

A tiny lego Storm Trooper eats a chocolate coin.

If you have a bank account, you probably have an IBAN - an International Bank Account Number. It is a well-structured text string which unambiguously identifies your account. A typical UK IBAN looks like GB33BUKB20201555555555 - with it, you can send money to that account from any bank in the world. OK, some banks make…

Moneyed - a personal OpenBanking API

by @edent | , , , , | 3 comments | Read ~212 times.

API Token generation screen.

After writing about how to use MoneyDashboard's unofficial API, the good folk at Moneyed told me about their officially supported API! So here's a quick review & howto guide. Moneyed is a slightly strange service. I think it is designed for companies to give as a benefit to their employees. But you can sign up…

Unofficial MoneyDashboard Neon API

by @edent | , , , , | Read ~149 times.

A tiny lego Storm Trooper eats a chocolate coin.

Yesterday, I wrote up how to use the MoneyDashboard Classic API. Read that blog post first before reading this one. MoneyDashboard have launched a new "Neon" service. The API is a bit more simple, but authentication is harder. Here's a quick guide to the bits of the API that I found useful. I've lightly redacted…

Unofficial MoneyDashboard API

by @edent | , , , , | 8 comments | Read ~778 times.

A tiny lego Storm Trooper eats a chocolate coin.

The OpenBanking specification is brilliant. It allows you to aggregate all of your financial accounts in one place. You can give read or write access to apps and services. Magic! API access is restricted to registered financial institutions. That's good, because it puts up a barrier to entry preventing dodgy companies slurping up your data…

Adding Web Monetization to your site using Coil

by @edent | , , | 3 comments | Read ~192 times.

A tiny lego Storm Trooper eats a chocolate coin.

Recently, my blog was featured on Coil's list of monetised content. I'd like to take a little time to explain what Web Monetisation is, how to get set up with it, and what my thoughts are. Quickstart Stick this line in the <head> of your HTML page. <meta name="monetization" content="$ilp.uphold.com/ieELEKD7epqw"> That's it. You should replace…

Forced into the FIRE

by @edent | , , | 1 comment | Read ~289 times.

A tiny lego Storm Trooper eats a chocolate coin.

I'm an ambivalent convert to FIRE - Financial Independence Retire Early. The basic gist is: Minimise your expenditure, Save 20x your annual expenditure, Retire early while maintaining the same lifestyle. That's it. There are a lot of crappy books about FIRE, but the concept is simple. So I try to spend a little less, and…

Paying people for their attention

by @edent | | 3 comments | Read ~335 times.

A tiny lego Storm Trooper eats a chocolate coin.

I have a weakness. I love listening in to other people's conversations on the bus! I was sat behind a gaggle pride squad of teenage girls on the bus. They were variously complaining about their schoolwork, parents, and love-lives. I'm not going to attempt to recreate their vernacular, but the conversation went something like this:…

I hate subscriptions

by @edent | | 5 comments | Read ~522 times.

Look - I get why your app or service wants me to pay a subscription. Recurring revenue is useful for a business. Your ARPU KPI is OMG to your VC. And, no doubt, there's research showing how people are more likely to eat a kitten than cancel a subscription. But I hate it. I resent…