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JS Bin is a service that appeals to techies. As such, it should see moderate success accepting Bitcoin! Bitcoin transactions are non-reversible, which would sol
by chejazi 11y ago
JS Bin is a service that appeals to techies. As such, it should see moderate success accepting Bitcoin! Bitcoin transactions are non-reversible, which would solve the fraud complications.
- Nexxxeh 11y agoBut would it fuck him on the VATMOSS? Would he lose the ability to verify the address via the cardholder billing address? A question I don't know the answer to.
- joshvm 11y agoAt the moment it's a bit of a grey area. In the future, the Government is already planning: https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies#vat-treatment-of-bitcoin-and-similar-cryptocurrencies https://www.gov.uk/government/publications/revenue-and-custo... You'll have to charge VAT as normal, before the price is converted into bitcoin.
- chejazi 11y agoThis is a really good question. It's funny, a little digging led me back to the same blog. https://remysharp.com/2014/12/30/vatmoss-proof https://remysharp.com/2014/12/30/vatmoss-proof I could see the location information being supplied using a Bitcoin service provider (Coinbase?), but whether it is accepted as "proof," is questionable.
- ufo 11y agoHow many people do you think would pay for jsbin via Bitcoin but not via regular money?
- kentt 11y agoA couple percent at most. I think companies who've implemented Bitcoin payment have seen a 1% or less. A good number of those would have been customers anyway. I love Bitcoin and use it a lot, but the truth is, this likely wouldn't do much for jsbin.