Do you use Bitcoin?

Talk about anything here, related to Smolderforge or not.

Poll: Do you, or would you use Bitcoin?

Yes, I already use Bitcoin.
2
7%
Yes, I would use Bitcoin to donate.
4
14%
No.
16
55%
What is Bitcoin?
7
24%
 
Total votes: 29

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Henhouse
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Do you use Bitcoin?

Post by Henhouse »

Hey everyone, as we continue to receive minor complaints about the lack of Visa pre-paid cards or Paysafe, etc. I was wondering if anyone had an interest in us integrating Bitcoin. Bitcoins, as I am sure many of you aware of is a decentrialized online currency that is not regulated by governments, banks, etc. and can be sent very quickly.

There are a lot of sites that allow you to transfer funds from a bank account as well (a feature Google Wallet is lacking for non-US people) such as coinbase.com. This would allow virtually anyone to add funds from their bank accounts and be able to donate from any country.


So I am curious of what people's thoughts are about Bitcoin -- do you / would you use it?
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Apuclevercow
Posts: 1349

Re: Do you use Bitcoin?

Post by Apuclevercow »

Hi Hen,

What will you buy with bitcoins ? Isn't it useless if you want to use it for server costs ?
ah
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Henhouse
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Re: Do you use Bitcoin?

Post by Henhouse »

Apuclevercow wrote:Hi Hen,

What will you buy with bitcoins ? Isn't it useless if you want to use it for server costs ?
Bitcoins can immediately be sold back at market value and you receive the money for them. You can do this whenever. Sites like coinbase.com (a mainly US-based bitcoin wallet service) allows you to have them cashed in daily and the real currency deposited to you. So using Bitcoins is still a very valid way to raise money. I won't be stuck with them once I have them.
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Dntryme
Posts: 415

Re: Do you use Bitcoin?

Post by Dntryme »

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Apuclevercow
Posts: 1349

Re: Do you use Bitcoin?

Post by Apuclevercow »

Henhouse wrote:
Apuclevercow wrote:Hi Hen,

What will you buy with bitcoins ? Isn't it useless if you want to use it for server costs ?
Bitcoins can immediately be sold back at market value and you receive the money for them. You can do this whenever. Sites like coinbase.com (a mainly US-based bitcoin wallet service) allows you to have them cashed in daily and the real currency deposited to you. So using Bitcoins is still a very valid way to raise money. I won't be stuck with them once I have them.
Thus, I don't see anything against the use of bitcoins for donations.
However I suppose that not a lot of players will use it.
ah
Abwyz
Posts: 192

Re: Do you use Bitcoin?

Post by Abwyz »

We want PaySafeCard...
Feyz
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Re: Do you use Bitcoin?

Post by Feyz »

Abwyz wrote:We want PaySafeCard...
Can't do, I'm afraid.

Just got to live with that.
On-leave Game Master.
Abwyz
Posts: 192

Re: Do you use Bitcoin?

Post by Abwyz »

Feyz wrote:
Abwyz wrote:We want PaySafeCard...
Can't do, I'm afraid.

Just got to live with that.
can't do =/= don't want to
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Henhouse
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Re: Do you use Bitcoin?

Post by Henhouse »

Abwyz wrote: can't do =/= don't want to
Yeah, how about let's not make Smolderforge a LEGAL business entity registered under my name just so you can donate? Because that is what was REQUIRED to become a partner with Paysafe to use their service. Once I found out Visa giftcards can be accepted, and are usually bought at the same place as a Paysafe, there was no reason to pursue Paysafe anymore.
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Bucovsky
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Re: Do you use Bitcoin?

Post by Bucovsky »

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